This month’s UK tax tidbits, 30 March 2020
This month’s tidbits features the latest newsletters and HMRC interest rates for late payment.
- The following pension scheme forms and publications have recently been updated: https://www.gov.uk/guidance/tell-hmrc-youve-claimed-too-much-relief-at-source-for-pension-scheme-members, Reclaim tax relief for pension scheme members with relief at source, Registered pension schemes relief at source annual claims (APSS 106) and Information requirements for pension schemes.
- HMRC has published details of the new rates of interest for late payments: https://www.gov.uk/government/publications/rates-and-allowances-hmrc-interest-rates-for-late-and-early-payments/rates-and-allowances-hmrc-interest-rates
- See the latest phishing scams, which include COVID-19 scams.
- Check the most up-to-date list of sports clubs, which are registered with HMRC as community amateur sports clubs.
- The following compliance check factsheets have been updated: Compliance checks: information notices – CC/FS2, Compliance checks: penalties for offshore non-compliance – CC/FS17, Compliance checks: managing serious defaulters – CC/FS14 and Compliance checks: sending HM Revenue and Customs electronic records – CC/FS22
- The latest Trusts and Estates newsletter is available.
- RDR3 Statutory Residence Test has been updated.
- Register your client’s trust online if you are a tax agent or adviser has been updated.
- See Changes to the VAT MOSS rate for other countries.
- Details of the latest phishing scams have been published.
- The following bulletins relevant to employers have been published: Employer Bulletin: February 2020 and Employment Related Securities Bulletin 34 (February 2020).
- The factsheet that can be used to decide if you’re employed or self-employed has been updated.
- Compliance checks: sending HM Revenue and Customs electronic records – CC/FS22 has been updated.
- The Office of Tax Simplification has issued a call for evidence in respect of its project reviewing claims and election.
- Making Tax Digital for Income Tax, Sign up your client for Making Tax Digital for Income Tax and Sign up your business for Making Tax Digital for Income Tax have been updated.
- The following guidance on creative sector reliefs has been updated: Claiming Video Games Tax Relief for Corporation Tax, Claiming Theatre Tax Relief for Corporation Tax, Claiming Orchestra Tax Relief for Corporation Tax, Claiming Museums and Galleries Exhibition Tax Relief for Corporation Tax, Claiming High-end Television Tax Relief for Corporation Tax, Claiming Film Tax Relief for Corporation Tax and Claiming Children’s Television Tax Relief for Corporation Tax.
- CWG2: further guide to PAYE and National Insurance contributions and Class 1A National Insurance contributions on benefits in kind (CWG5) have recently been updated.
- The following publications relevant to pensions have recently been updated: https://www.gov.uk/guidance/tell-hmrc-youve-claimed-too-much-relief-at-source-for-pension-scheme-members, Reclaim tax relief for pension scheme members with relief at source, Registered pension schemes relief at source annual claims (APSS 106) and Information requirements for pension schemes.