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Updated HMRC guidance on basis period reform

HMRC has updated its guidance on working out basis period reform transition profit

01 Nov 2024 00:00 | Published by a

Updated and new HMRC guidance on R&D

HMRC has published three new guidance pages and updated one other on research and development (R&D).

01 Nov 2024 00:00 | Published by a

Updated HMRC guidance: Receive Income Tax or PAYE repayments on behalf of others

HMRC has updated its guidance on receiving income tax or PAYE repayments on behalf of others.

31 Oct 2024 00:00 | Published by a

New HMRC guidance on sending VAT Returns when exempt from Making Tax Digital for VAT

HMRC has published new guidance on how to send VAT Returns when exempt from Making Tax Digital for VAT.

31 Oct 2024 00:00 | Published by a Tolley Value Added Tax expert

New HMRC guidance on applying for statutory clearance

HMRC has published new guidance on applying for statutory clearance.

31 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Autumn Budget 2024: summary of key tax announcements

The Chancellor’s Budget on 30 October 2024 will increase employer NICs, raise the main rates of CGT, initiate reform of the tax treatment of carried interest, and confirmed the replacement of the remittance basis regime and removal of the VAT exemption for private school fees. Some of the smaller announcements were of equal interest, including extending mandation of Making Tax Digital for Income Tax and increasing the HMRC late-payment interest rate.

30 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC business tax account – updated list of services

HMRC has updated the list of services which can be accessed from the business tax account.

29 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC import, export and customs guidance: 28 October 2024

Details of updates to HMRC import, export and customs guidance for the period from 22 to 28 October 2024.

28 Oct 2024 00:00 | Published by a

Weekly Roundup HMRC Manuals: 28 October 2024

28 October 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

28 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Tribunal Procedure Committee – Written Reasons Consultation

The CIOT has published its response to the Tribunal Procedure Committee consultation on possible changes to the procedure rules concerning the provision of written reasons for decisions and other case management measures.

28 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 28 October 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

28 Oct 2024 00:00 | Published by a

Agent Update: issue 124

HMRC has published issue 124 of Agent Update.

25 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Pensions schemes newsletter 163—October 2024

HMRC has published Pensions schemes newsletter 163 for October 2024.

25 Oct 2024 00:00 | Published by a Tolley Employment Tax expert

New HMRC guidance for taxpayers on rental income

HMRC has published new guidance for taxpayers on how to check if they need to tell HMRC about rental income, including a tool.

25 Oct 2024 00:00 | Published by a Tolley Owner-Managed Businesses expert

Spotlight 66: Limited Liability Partnerships arrangements used to disguise employment income

Spotlight 66 warns about a tax avoidance scheme called ‘The Partnership Model’ being marketed to avoid payment of tax and national insurance contributions.

24 Oct 2024 00:00 | Published by a Tolley Employment Tax expert

Jersey adopts legislation to implement Pillar 2 from 2025

Jersey has adopted legislation to implement a Pillar 2 Income Inclusion Rule and a multinational corporate income tax from 2025, fulfilling Jersey’s commitment to enact the OECD’s global minimum tax framework for large in-scope multinational groups.

24 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

New consultations on employment rights

Following publication of the Employment Rights Bill the government has published four consultations.

22 Oct 2024 00:00 | Published by a Tolley Employment Tax expert

OECD General Tax Report to G20 Finance Ministers and Central Bank Governors

The OECD has published a report setting out recent developments in international tax reform since July 2024.

22 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

New corporate re-domiciliation report published

The Independent Expert Panel on Corporate Re-domiciliation has published a new report on a framework for a UK corporate re-domiciliation regime.

22 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 21 October 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

21 Oct 2024 00:00 | Published by a

Popular Articles

Incentives, awards and prizes

Incentives, awards and prizesIntroduction ― incentives, awards and prizesEmployers may use a variety of methods to reward and encourage employees in their work. These are commonly known as incentives, awards or prizes. For the purposes of this note, the term ‘award’ will be used to cover all

14 Jul 2020 11:57 | Produced by Tolley Read more Read more

Special rate pool and long life assets

Special rate pool and long life assetsSpecial rate poolExpenditure on some types of plant or machinery must, if neither annual investment allowance (AIA) nor first year allowances (FYAs) are available, be allocated to a ‘special rate pool’. Expenditure to be allocated to the special rate pool

14 Jul 2020 13:41 | Produced by Tolley Read more Read more

Supplies of goods and services connected with education

Supplies of goods and services connected with educationThis guidance note provides an overview of the VAT treatment of goods and services provided in connection with supplies of education. This should be read in conjunction with the following guidance notes:•Supplies of education•Local authority

14 Jul 2020 13:44 | Produced by Tolley Read more Read more