HMRC have issued their Agent Update for June 2022. We have summarised the key content for you with links to our detailed guidance on the topics covered. 

Technical updates and reminders

Plastic Packaging Tax (PPT)

See Plastic Packaging Tax (subscriber guide)

Non-UK resident companies receiving UK property income

See Non-resident Landlord Scheme 

See HMRC guidance on how to format the accounts which should accompany an online Corporation Tax Return here.

Increases in National Insurance Thresholds

See National Insurance: Rates

Changes to Corporation Tax letters

From June 2022, HMRC’s Corporation Tax letters are changing.

Domestic reverse charge: Sales reporting

See Reverse charge: Cross-border services and Reverse charge: Domestic

Residency and the remittance basis charge

See our useful guides on this topic:

Construction Industry Scheme (CIS) and property investment companies

See CIS: Contractors and Subcontractors

Amendments to Corporate Interest Restriction: working group

See Corporate Interest Restriction

Making Tax Digital (MTD)

MTD for VAT signup

See Making Tax Digital: VAT (subscriber guide)

Changes to VAT penalties

See Penalties: Late Filing MTD

MTD for Income Tax 

See MTD: Income Tax Pilot Tool

Trust Registration Service (TRS)

See Trust Registration Service

P11D and P11D(b)

See P11D: Reporting benefits and expenses

External Links

Agent Update: issue 97

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