On Tuesday 21 July, the government released nine new tax consultations, eleven draft clauses for the next Finance Bill, and a significant ten-year plan for reforming tax administration including MTD targets.
If this sounds like a verse of twelve days of Christmas, you will be delighted to know that the new documents and web updates continued to flow on 22 to 24 July with numerous updates to HMRC manuals and rewritten pages for gov.uk. For example, the gov.uk guidance on advisory fuel rates was completely replaced.
The timing was due to the last sitting of the House of Commons on 22 July before the summer recess, which coincided with Royal Assent of Finance Bill 2020. Many of the new HMRC manual pages are connected with revisions to the tax law which came into effect with Royal Assent (ie on 22 July), but other re-writes appear to have been waiting in the sign-off pile for the minister to approve.
So what have we got to chew on over the summer?
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