This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet
HMRC announcements: week ending 5 January 2007
06/01/2007, by Sarah Laing, Tax News - HMRC Administration, Practice and Methods
3117 views
0
Rate:
Rating: 0/5 from 0 people

A quick guide to recent additions to the HM Revenue & Customs website : Week ending 5 January

HM Revenue & CustomsWhat’s new

  • Tax Credits: residence rules: amended guidance to take account of Bulgaria and Romania joining the EU on 1 January 2007;
  • Tax Credits – updated notes for completion of forms TC600, TC603R and TC603RD are now available;
  • the following VAT Notices and Information Sheets have been updated to take account of new countries joining the EU: Notice 703/2, Notice 703/1, Notice 702/8; Notice 703 (Updates 1 and 2), Notice 704, Notice 705 and Notice 705A, Information Sheets 01/07 and 02/07;
  • the following non-resident landlord scheme forms have been updated: NRL1, NRL2, NRL3, NRL4, NRL5, NRL6 and accompanying notes;
  • Modernising Powers, Deterrents and Safeguards: Penalties for Incorrect Returns: A Consultation Document;
  • updated version of the introduction of the Corporate Venturing Scheme;
  • VAT Information Sheet 01/07, which provides currency exchange rates required by non-EU businesses registered for the special scheme in the UK, for reporting period ending December 2006;
  • VAT Information Sheet 03/07, which advises a change in the VAT rate for Germany from 1 January 2007;
  • Consultation document: Biofuels - simplification of regulations.
  • HMRC Brief 02/07, which contains an article concerning proposed reductions in the burdens of the biofuels regime for non-commercial producers;
  • Community Amateur Sports Clubs (CASCS) – list updated to 31 December 2006; and
  • Research on trusts: experience of setting up and running trusts.

Manuals updated in January

  • Assessed Taxes
  • PAYE online
  • Company Taxation

Links
HMRC: What’s new
HMRC: Working Together: What's new
HMRC: Tax credits: What's new
HMRC: Online Services: News

About The Author

Sarah Laing
Editor, TaxationWeb News

Sarah is a Chartered Tax Adviser. She has been writing professionally since joining CCH Editions in 1998 as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter, Taxes - The Weekly Tax News, the Red & Green legislation volumes, Hardman's, International Tax Agreements and many others. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences).

Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms. She now works as a freelance author providing technical writing services for the tax and accountancy profession.

Back to Tax News
Comments

Please register or log in to add comments.

There are not comments added