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Weekly roundup of HMRC import, export and customs guidance: 28 October 2024

Details of updates to HMRC import, export and customs guidance for the period from 22 to 28 October 2024.

28 Oct 2024 00:00 | Published by a

Weekly Roundup HMRC Manuals: 28 October 2024

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

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

CIOT response: Tribunal Procedure Committee – Written Reasons Consultation

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.

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

Tax news roundup: 28 October 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

28 Oct 2024 00:00 | Published by a

Agent Update: issue 124

HMRC has published issue 124 of Agent Update.

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

Pensions schemes newsletter 163—October 2024

HMRC has published Pensions schemes newsletter 163 for October 2024.

25 Oct 2024 00:00 | Published by a Tolley Employment Tax expert

New HMRC guidance for taxpayers on rental income

HMRC has published new guidance for taxpayers on how to check if they need to tell HMRC about rental income, including a tool.

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

Spotlight 66: Limited Liability Partnerships arrangements used to disguise employment income

Spotlight 66 warns about a tax avoidance scheme called ‘The Partnership Model’ being marketed to avoid payment of tax and national insurance contributions.

24 Oct 2024 00:00 | Published by a Tolley Employment Tax expert

Jersey adopts legislation to implement Pillar 2 from 2025

Jersey has adopted legislation to implement a Pillar 2 Income Inclusion Rule and a multinational corporate income tax from 2025, fulfilling Jersey’s commitment to enact the OECD’s global minimum tax framework for large in-scope multinational groups.

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

New consultations on employment rights

Following publication of the Employment Rights Bill the government has published four consultations.

22 Oct 2024 00:00 | Published by a Tolley Employment Tax expert

OECD General Tax Report to G20 Finance Ministers and Central Bank Governors

The OECD has published a report setting out recent developments in international tax reform since July 2024.

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

New corporate re-domiciliation report published

The Independent Expert Panel on Corporate Re-domiciliation has published a new report on a framework for a UK corporate re-domiciliation regime.

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

Tax news roundup: 21 October 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

21 Oct 2024 00:00 | Published by a

Weekly Roundup HMRC Manuals: 21 October 2024

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

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

Weekly roundup of HMRC import, export and customs guidance: 21 October 2024

Details of updates to HMRC import, export and customs guidance for the period from 15 to 21 October 2024.

21 Oct 2024 00:00 | Published by a

HMRC publishes new GAAR Advisory Panel opinion

HMRC has published a new GAAR Advisory Panel opinion on reward through creation and sale of a pension obligation with consideration paid to the owner of the pension obligation.

21 Oct 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/1048 The Social Security (Scotland) Act 2018 (Disability Assistance) (Consequential Modifications) Order 2024

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.

21 Oct 2024 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Spotlight 65: General Data Protection Regulation (GDPR) provision used to reduce tax liability

Spotlight 65 warns that tax agents are targeting businesses to claim corporation tax refunds through incorrect provisions, linked to potential GDPR fines or civil claims.

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

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

HMRC has responded to the CIOT submission which sought clarification on their definition of ordinary share capital with respect to fixed rate shares.

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

SI 2024/1035 The Designation of Special Tax Sites (Celtic Freeport) Regulations 2024

These regulations designate special tax sites in the Celtic Freeport and other areas of Wales that the Treasury consider to be connected to Celtic Freeport.

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

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Special rate pool and long life assets

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Tax on UK resident beneficiaries of non-resident trusts ― overview

Tax on UK resident beneficiaries of non-resident trusts ― overviewIntroductionUK resident beneficiaries of non-resident trusts are subject to UK tax on payments or benefits received from the trust. They are liable for income tax on income distributions from the trust and they may also be liable to

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