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CIOT and ATT response: Future financial services regulatory regime for cryptoassets

The CIOT and ATT have responded to the HM Treasury consultation on future financial services regulatory regime for cryptoassets.

15 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC standard for agents

HMRC has updated its standard for agents.

12 May 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

SI 2023/518 The Community Investment Tax Relief (Amendment of Investment Limits) Regulations 2023

These Regulations increase the limits that apply to the amounts of capital that accredited community development finance institutions (CDFIs) can raise from corporate and individual investors, and on which those investors can claim community investment tax relief (CITR).

12 May 2023 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest - 11 May 2023

HMRC’s Stakeholder Digest (11 May 2023) provides a round-up of recent news and updates.

12 May 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Spring Finance Bill 2023: Public Bill Committee

The Treasury has published explanatory notes to government amendments to the  Spring Finance Bill 2023.

11 May 2023 00:00 | Published by a Tolley Employment Tax expert

HMRC yearly average and spot rates

HMRC has published its updated list of yearly average and spot foreign exchange rates for the year to 31 March 2023.

04 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance for tax agents

HMRC has updated its tax agents guidance to clarify when a tax agent must have an agent service account.

04 May 2023 00:00 | Published by a Tolley Corporation Tax expert

SI 2023/482 The Income Tax (Care Leaver’s Apprenticeship Bursary Payment) (Amendment) Regulations 2023

These Regulations amend the Income Tax (Care Leaver’s Apprenticeship Bursary Payment) Regulations, SI 2020/922 to ensure that the income tax exemption applies to the new payment rate made by the Department of Education (DfE) to care leavers starting an English statutory apprenticeship on or after 1 August 2023.

02 May 2023 00:00 | Published by a Tolley Personal Tax expert

Tax Administration and Maintenance Day – 27 April 2023

The UK government published various tax policy consultations and other updated documents on 27 April 2023.

27 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on Residence, domicile and the remittance basis: RDR1

HMRC has updated its guidance on residency, domicile and remittance basis (RDR1) in relation to employees of the EU.

26 Apr 2023 00:00 | Published by a Tolley Employment Tax expert

Pension schemes newsletter 149 — April 2023

HMRC has published pension schemes newsletter 149.

26 Apr 2023 00:00 | Published by a Tolley Employment Tax expert

HMRC Trusts and Estates Newsletter: April 2023

HMRC has published its Trusts and Estates Newsletter for April 2023.

25 Apr 2023 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Weekly roundup of HMRC manual changes: 24 April 2023

24 April 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

24 Apr 2023 00:00 | Published by a Tolley Employment Tax expert

HMRC Stakeholder Digest: 20 April 2023

HMRC’s Stakeholder Digest (20 April 2023) provides a round-up of recent news and updates.

21 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Agent Update: issue 107

HMRC has published Agent Update issue 107 (19 April 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

20 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Employer Bulletin: April 2023

HMRC has published its bi-monthly magazine providing the latest information on payroll-related topics for employers and agents.

19 Apr 2023 00:00 | Published by a Tolley Employment Tax expert

Tax Administration and Maintenance Day announced

Tax Administration and Maintenance Day is set for 27 April 2023

19 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Finance Bill weekly roundup – 17 April 2023

A summary of key developments as Finance (No 2) Bill 2023 makes its way through Parliament.

17 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Finance Bill roundup – 14 April 2023

UK government amendments on R&D and multinational top-up tax are expected to be passed at Committee of the Whole House stage.

14 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Finance (No 2) Bill 2023 - Committee dates announced

The Bill will be discussed by a Committee of the Whole House, before being passed to a Public Bill Committee for further consideration.

06 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Residential property and capital allowances

Residential property and capital allowancesResidential property ― plant and machinery allowancesOrdinary residential property does not, and never has, qualified for capital allowances. as CAA 2001, s 35 denies plant allowances for expenditure incurred in providing plant or machinery for use in a

14 Jul 2020 17:14 | Produced by Tolley in association with Martin Wilson and Steven Bone Read more Read more

Losses on shares set against income

Losses on shares set against incomeUsually, allowable capital losses can only be set against chargeable gains. If the losses are not fully utilised against gains in the year in which they arise, the excess is carried forward to use against future gains. See the Use of capital losses guidance note

14 Jul 2020 12:12 | Produced by Tolley Read more Read more

Research and development (R&D) relief ― overview

Research and development (R&D) relief ― overviewThis guidance note provides an overview of the research and development (R&D) tax reliefs for companies.See the Research and development tax relief summary diagram which summarises the R&D tax relief.See also Simon’s Taxes D1.401.For a factsheet which

14 Jul 2020 12:22 | Produced by Tolley in association with Will Sweeney Read more Read more