HMRC has published a comprehensive manual providing guidance and procedural information for Self Assessment tax returns. The manual outlines the processes that taxpayers and agents must follow when completing and submitting SA returns. This resource is designed to help individuals and businesses understand their Self Assessment obligations and navigate the filing requirements.
Source: HMRC (GOV.UK) – Read the original
HMRC has published information detailing expected timescales for replies to customs, tax, and trade-related queries submitted by businesses and agents. The guidance covers various communication channels and request types, helping traders and logistics operators plan their compliance activities around response windows. This resource enables businesses to better understand processing delays when seeking clarification on customs procedures, duty calculations, or other regulatory matters.
Source: HMRC (GOV.UK) – Read the original
Section 8 comprises the Valuation Office’s technical manual that provides guidance on assessing capital gains and other tax valuations. This manual serves as a reference document for determining property and asset valuations for tax purposes. The manual is used by valuation professionals and tax authorities to ensure consistent and accurate assessment of capital gains liabilities.
Source: HMRC (GOV.UK) – Read the original
Importers and traders can now apply for Temporary Admission status to bring goods into the UK or transfer them from Great Britain to Northern Ireland for temporary use before re-export. This procedure allows businesses to use imported goods without paying full customs duties and import VAT, provided the goods are subsequently exported or returned within the permitted timeframe. The scheme covers a wide range of goods including equipment, samples, and temporary imports for repair or processing.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance specifying the document codes, document status codes, and declaration details required for Data Element 2/3 within the Customs Declaration Service. The guidance includes Appendix 5A, which sets out the relevant codes for licences, certificates, and other supporting documentation that must accompany customs declarations. This reference material applies to traders and agents submitting declarations through CDS and clarifies which documents must be referenced at declaration submission.
Source: HMRC (GOV.UK) – Read the original
HMRC has published a comprehensive manual explaining how trusts and settlements are assessed for tax purposes, covering both income and capital gains generated by these arrangements. The guidance sets out the tax obligations and regulatory framework that trustees and estate administrators must follow when dealing with trust income and distributions. This resource provides clarity on HMRC’s approach to trust taxation and will assist compliance professionals in understanding their responsibilities when handling trust-related customs and tax matters.
Source: HMRC (GOV.UK) – Read the original