³ÉÈËÓ°Òô

Tolley works hard to bring you the most up-to-date tax news straight to your inbox. In a dynamic industry it’s important to know when things change. With Tolley’s Tax News you can always be informed giving your clients the most comprehensive information available.

Latest Owner-Managed Businesses News

Filter icon Filter by tax area

Weekly Roundup HMRC Manuals: 7 October 2024

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

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

Changes to the Agent Dedicated Line

The CIOT and ATT have advised that HMRC has published an update on changes to the Agent Dedicated Line (ADL) service from 7 October 2024.

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

Tax Treaties: Luxembourg

HMRC has updated the tax treaties page for Luxembourg.

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

E-filing pilot goes live in the Administrative Court Office

The Courts and Tribunals Judiciary has announced that the E-Filing pilot scheme went live in the Administrative Court Office on 1 October 2024

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

The Aggregates Tax and Devolved Taxes Administration (Scotland) Bill

The Aggregates Tax and Devolved Taxes Administration (Scotland) Bill has been passed by the Scottish Parliament.

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

Relief for Research and Development - HMRC Directions under the Income and Corporation Taxes (Electronic Communications) Regulations 2003

HMRC Directions under

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

Weekly Roundup HMRC Manuals: 30 September 2024

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

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

HMRC Stakeholder Digest: 26 September 2024

HMRC has published its latest Stakeholder Digest (26 September 2024)

27 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/976 Retained EU Law (Revocation and Reform) Act 2023 (Commencement No 2 and Saving Provisions) (Revocation) Regulations

The UK Government has halted changes to the interpretation of assimilated caselaw that otherwise were to have taken effect from 1 October 2024.

26 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 23 September 2024

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

23 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Agent Update: Issue 123

HMRC has published Agent Update issue 123 (19 September 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

20 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC updated payment details

The payment details used to pay by bank transfer have been updated on various HMRC guidance pages.

16 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 16 September 2024

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

16 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

CIOT letter to the Exchequer Secretary to the Treasury on the Business Tax Roadmap

The Chartered Institute of Taxation (CIOT) have written to the minister regarding the Business Tax Roadmap.

13 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Update to HMRC service to submit R&D forms

HMRC has updated the service to submit information to support a claim for Research and Development (R&D) tax reliefs.

13 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Administrative Court Judicial Review Guide 2024 published

The Courts and Tribunals Judiciary (CTJ) has announced that the Administrative Court Judicial Review Guide 2024 has been published.

13 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

CIOT submission to HMRC on Definition of ordinary share capital and fixed rate shares

The Chartered Institute of Taxation (CIOT) have sent a submission to HMRC seeking clarification on their definition of ordinary share capital with respect to fixed rate shares.

13 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

CIOT Budget representation on Repayment interest

The Chartered Institute of Taxation (CIOT) have published a Budget representation on interest and commercial restitution.

13 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/950 The Research and Development Relief (Information Requirements etc.) Regulations 2024

These Regulations amend the Relief for Research and Development (Content of Claim Notifications, Additional Information Requirements and Miscellaneous Amendments) Regulations 2023 (SI 2023/813).

12 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/949 Supreme Court Rules 2024

These Rules are made to implement a revised version of the Rules of the UK Supreme Court. The revised version of the Rules provides for a new digital case management portal and makes various smaller changes which reflect technological advancements or remedy issues which have become apparent since the current Rules were adopted. The overriding objective of the Rules remains to secure that the Court is accessible, fair and efficient.

12 Sep 2024 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

Income tax losses ― overview

Income tax losses ― overviewIncome tax losses can arise due to a number of reasons, but not all losses can be relieved against total income and some losses can only be set against certain types of component income. The table below is a summary of the main reliefs for income tax losses.Summary of

04 Mar 2021 12:19 | 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