In brief: 25 August 2022

Agent Update 99

The August issue of Agent Update is available. It has various articles including on the UK implementation of global tax reform the new approach to VAT compliance for overseas based traders using online marketplaces capital gains tax on UK residential property and making tax digital.

tinyurl.com/hmrcauaug22

Anti-avoidance

HMRC has named three more tax avoidance promoters.

tinyurl.com/hmrctaxavpromoters

Corporation tax

The Chartered Institute of Taxation has published its response to the Organisation for Economic Co-operation and Development’s consultation on the progress report on amount A of pillar one.

tinyurl.com/ciotoecdp1res

Customs

HMRC is reminding businesses submitting import declarations that they must use the customs declaration service from 1 October 2022 when the customs handling import and export freight (CHIEF) system will close for import declarations.

tinyurl.com/hmrcimportcds

ADIT

The CIOT announced that 670 students sat advanced diploma in international taxation (ADIT) exams in June 2022...