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UK suspends Russia and Belarus Double Tax Treaties

The UK is suspending the Russia and Belarus Double Tax Treaties from April 2025.

04 Feb 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: January 2025

HMRC has published its latest Stakeholder Digest (January 2025).

03 Feb 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 3 February 2025

3 February 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

03 Feb 2025 00:00 | Published by a Tolley Corporation Tax expert

CIOT consultation response: Inheritance Tax on pensions: liability, reporting and payment

The CIOT has published its response to the consultation on the proposed inclusion of unused pension funds and death benefits within a person's estate for inheritance tax purposes from 6 April 2027.

30 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

Consultation Outcome: Draft legislation: Improving the data HMRC collects

The consultation on improving the data collected by HMRC from taxpayers has concluded and the outcome and next steps has been published.

29 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

SI 2025/82 The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendments) Regulations 2025

These Regulations are made to amend 116 pieces of UK secondary legislation and 130 pieces of assimilated direct EU legislation in relation to retained EU law reform. They amend or revoke various provisions of subordinate legislation and assimilated direct legislation in consequence of certain provisions of the Retained EU Law (Revocation and Reform) Act 2023 (REUL(RR)A 2023). They are made in exercise of legislative powers under the REUL(RR)A 2023 in connection with assimilated law. They came into force on 27 February 2025.

28 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Finance Bill 2025 roundup (24 January 2025): latest Government amendments

The Government has published a raft of amendments to be considered by the Public Bill Committee. Most of the changes affect the replacement of remittance basis/domicile Schedules.

27 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 27 January 2025

27 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

27 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/52 The MPs’, Senedd and Assembly Pension Schemes (Tax) Regulations 2025

These Regulations are made to address the tax consequences of changes arising from the rectification exercises carried out by the Parliamentary Contributory Pension Fund (PCPF), the Members of the Senedd Pension Scheme (Senedd Scheme) or an Assembly Members’ Pension Scheme (Northern Ireland)

24 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

Independent Review of the Loan Charge

The Government has commissioned a new independent review of the Loan Charge.

24 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

Final version of Charter for Budget Responsibility published

The final version of the document as it has been laid in Parliament has been published.

23 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/54 The Land Transaction Tax (Modification of Special Tax Sites Relief) (Wales) Regulations 2025

These Regulations are made to amend the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (the 2017 Act) to amend Schedule 21A (relief for special tax sites) which provides for a relief from land transaction tax for qualifying transactions of land within a special tax site.

23 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Pensions schemes newsletter 166 — January 2025

HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 166 for January 2025

22 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

DWP concludes annual statutory review of AE thresholds for 2025 to 2026 financial year

Department for Work and Pensions (DWP) has concluded its annual statutory review of the Automatic Enrolment (AE) thresholds for the 2025 to 2026 financial year

22 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

CIOT response: The Tax Administration Framework Review: New ways to tackle non-compliance

The CIOT has published its response to the HMRC consultation on “The Tax Administration Framework Review: New ways to tackle non-complianceâ€. The response addresses various proposals aimed at improving tax compliance and administration.

21 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 20 January 2025

20 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

20 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/41 The Neonatal Care (Leave and Pay) Act 2023 (Commencement No. 2) Regulations 2025

Certain provision of the Neonatal Care (Leave and Pay) Act 2023 (the 2023 Act) come into force on 17 January 2025.

20 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

Agent Update: Issue 127

HMRC has published Issue 127 of the Agent Update with updates and information relevant to tax agents and their clients.

17 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

New HMRC guidance: Help with labour supply chain assurance

HMRC has published GfC12 guidelines ‘Help with labour supply chain assurance’.

17 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 13 January 2025

13 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

13 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Enterprise investment scheme tax relief

Enterprise investment scheme tax reliefOverview of EIS tax reliefsThe enterprise investment scheme (EIS) offers significant tax reliefs to encourage individuals to invest money in qualifying shares issued by qualifying unquoted companies. The scheme is designed to encourage investment in small,

14 Jul 2020 11:36 | Produced by Tolley Read more Read more

Class 4 national insurance contributions

Class 4 national insurance contributionsWhat is Class 4 NIC?Class 2 and Class 4 national insurance contributions (NIC) are paid by self-employed individuals and partners in a partnership on their profits arising within the UK. This guidance note considers Class 4 contributions. For Class 2

14 Jul 2020 11:13 | Produced by Tolley Read more Read more

Gilts

Gilts‘Gilts’ are securities that are also known by a number of different names (eg gilt-edged securities, Government securities or treasury stock).The Government sells gilts to fund the deficit between public spending and tax receipts. Normally, the Government pays interest to the holder of the gilt

14 Jul 2020 11:48 | Produced by Tolley Read more Read more