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

The CIOT has published a Finance Bill 2024-25 briefing on the removal of the VAT exemption for private school fees.

These Regulations are made to enable the repayment of tax and interest collected from multinational groups in accordance with a European Commission state aid decision which has now been overturned on appeal.

The CIOT has published Finance Bill 2024-25 briefings on capital gains tax and oil and gas taxation

Amendments are made to the Small Companies and Groups (Accounts and Directors’ Report) Regulations 2008, SI 2008/409, the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, SI 2008/410, the Companies Act 2006 and the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, SI 2008/1911.

These Regulations are made to amend the Land Transaction Tax (Tax Bands and Tax Rates) (Wales) Regulations 2018, SI 2018/128 to insert revised percentage tax rates for the tax bands applicable to higher rates residential property transactions. They come into force on 11 December 2024.

Finance Minister Mark Drakeford has published the draft Welsh Budget 2025-26.

The CIOT and ICAEW have published a report addressing HMRC’s customer service challenges, setting out ten recommendations for improvements.

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

These Regulations are made to designate the special tax sites within, or connected to, a freeport in which certain tax reliefs are available (known as special tax sites).

This Order provides for an increase in the rate of the Additional Dwelling Supplement (ADS) announced in the Scottish Budget 2025-26.

The Scottish Finance Secretary Shona Robison delivered the Scottish Budget on Wednesday 4 December 2024.

HMRC has published its latest Stakeholder Digest (29 November 2024).

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

The European Commission announced that it has closed three in-depth State aid investigations into transfer pricing tax rulings granted by Luxembourg to Fiat and Amazon, and by the Netherlands to Starbucks.

HMRC has updated guidance on registering as an agent or receiving an agent code to confirm the timescale for a response is now up to 40 days.

The UK Government has set out next stages for Parliamentary scrutiny of the Finance Bill.

The CIOT has written a letter to the Chair of the Treasury Committee, Dame Meg Hillier MP regarding some of the tax measures in the October 2024 Budget.

HMRC has published updated advisory fuel rates for company cars, effective from 1 December 2024.

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