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HMRC has published issue 125 of Agent Update.

HMRC is reducing the late-payment interest rate to 7.25% and the repayment rate to 3.75% from 26 November 2024 for most taxes and payments. Interest on quarterly instalment payments of corporation tax will also be reduced from 18 November.

The Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 has received Royal Assent.

The 2024 UK-Romania Double Taxation Agreement has been published by HMRC.

Published on 7 November 2024, Finance Bill 2025 includes many of the Autumn Budget announcements, with a revised version of the legislation to replace the tax treatment of resident but non-UK domiciled individuals.

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

HMRC has published new guidance on applying for statutory clearance.

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.

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.

HMRC has published issue 124 of Agent Update.

These regulations make consequential amendments to legislation in Great Britain and Northern Ireland to reflect the introduction of Pension Age Disability Payment (PADP) which will replace Attendance Allowance (AA) in Scotland.

These regulations bring section 1 of the Budget Responsibility Act into force.

The Home Office has published guidance on the information sharing measures

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.

HMRC has updated the tax treaties page for Luxembourg.

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

The direct payment scheme which allows personal representatives to pay IHT from the deceased’s funds has been extended to investment providers.

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

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

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.