In brief: 13 October 2022

Postage VAT

HMRC has updated VAT notice 700/24: Postage delivery and direct marketing to clarify that when there is no extra charge for delivery the full sales price accounts for VAT.

tinyurl.com/vatn70024

Pensions

The September 2022 edition of HMRC’s pension schemes newsletter is available. It has articles on the government’s growth plan 2022 relief at source paying charges and event reporting.

tinyurl.com/hmrcpsn143

Welsh land transaction tax

From 10 October 2022 the Welsh land transaction tax nil rate threshold rose to £225 000. Some of the tax rates were also increased with effect from the same date.

tinyurl.com/wlttratesoct

Compliance

HMRC has published a new factsheet CC/FS71 Compliance checks: information notices on penalties for facilitating avoidance schemes involving non-resident promoters.

tinyurl.com/hmrcccfs71

Business tax account

HMRC has published new guidance on how to add a team member to a business tax account and give them access to a tax duty or scheme.

tinyurl.com/hmrcbtaoct

Fiscal plan

The chancellor has...