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Finance Bill 2025 update: Public Bill Committee to begin in January

The Public Bill Committee is expected to begin scrutiny of the Finance Bill on 28 January 2025. Comments on the Bill are invited before then, and revised explanatory notes have been issued to cover the Government’s proposed Pillar 2 amendments.

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

Agent Update: Issue 126

HMRC has published Issue 126 of the Agent Update.

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

Finance Bill 2025 roundup – 19 December 2024

The UK Government has put forward two sets of amendments to Finance Bill 2025.

19 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

OECD Peer review on exchange information on tax rulings

The OECD/G20 Inclusive Framework on BEPS has released the latest peer review assessments for 136 jurisdictions in relation to the spontaneous exchange of information on tax rulings.

19 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

National Insurance Contributions (Secondary Class 1 Contributions) Bill has third reading

The NICs (Secondary Class 1 Contributions) Bill has passed its House of Commons stages without amendment.

18 Dec 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/1349 The Van Benefit and Car and Van Fuel Benefit Order 2024

SI 2024/1349: Amendments are made to sections 150(1), 155(1B)(b), and 161(b) of the Income Tax (Earnings and Pensions) Act 2003 (the Act). This Order comes into force on 6 April 2025.

18 Dec 2024 00:00 | Published by a Tolley Employment Tax expert

Chancellor commissions Spring Forecast on 26 March 2025

The Chancellor of the Exchequer, Rachel Reeves has confirmed the Spring forecast will take place on Wednesday 26 March 2025.

17 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 16 December 2024

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

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

CIOT and ICAEW report – Tackling HMRC’s customer service challenge

The CIOT and ICAEW have published a report addressing HMRC’s customer service challenges, setting out ten recommendations for improvements.

11 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 9 December 2024

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

09 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/1286 The Designation of Special Tax Sites (Anglesey Freeport) Regulations 2024

These Regulations are made to designate the special tax sites within, or connected to, a freeport in which certain tax reliefs are available (known as special tax sites).

06 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

Pensions schemes newsletter 165 — December 2024

HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 165 for December 2024.

06 Dec 2024 00:00 | Published by a Tolley Employment Tax expert

Employer Bulletin: December 2024

HMRC has published the December 2024 issue of the Employer Bulletin providing the latest information on payroll-related topics for employers and agents

05 Dec 2024 00:00 | Published by a Tolley Employment Tax expert

Scottish Budget delivered in Scottish Parliament

The Scottish Finance Secretary Shona Robison delivered the Scottish Budget on Wednesday 4 December 2024.

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

New HMRC tool to work out pay from an umbrella company

HMRC has published a new tool to work out pay from an umbrella company.

04 Dec 2024 00:00 | Published by a Tolley Employment Tax expert

HMRC Stakeholder Digest: 29 November 2024

HMRC has published its latest Stakeholder Digest (29 November 2024).

02 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 2 December 2024

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

02 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC updates timescale to register an agent account or receive an agent code

HMRC has updated guidance on registering as an agent or receiving an agent code to confirm the timescale for a response is now up to 40 days.

29 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

Finance Bill 2025 roundup – 29 November 2024

The UK Government has set out next stages for Parliamentary scrutiny of the Finance Bill.

29 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

The CIOT comments on tax measures in the October Budget

The CIOT has written a letter to the Chair of the Treasury Committee, Dame Meg Hillier MP regarding some of the tax measures in the October 2024 Budget.

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

Popular Articles

Group relief for carried-forward losses

Group relief for carried-forward lossesThis guidance note examines in detail the relief available to groups for carried-forward losses. The scope excludes the treatment of specialist businesses such as banks, insurance companies and oil and gas companies.From 1 April 2017, companies can surrender

14 Jul 2020 11:50 | Produced by Tolley Read more Read more

Premiums on the grant or surrender of a lease

Premiums on the grant or surrender of a leasePremiums on the grant of a lease ― outlineWhen a property investor grants a lease, potentially this could be done on the basis that the tenant pays a premium for the initial grant of the lease, in addition to also paying rent over the term of the lease.

14 Jul 2020 12:58 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax Read more Read more

Married couple’s allowance

Married couple’s allowanceThe married couple’s allowance (MCA) is only available if one of the two spouses or civil partners was born before 6 April 1935. This means that one member of the couple must be at least 89 years old on 5 April 2024 to qualify for an allowance in the 2023/24 tax year.There

14 Jul 2020 12:13 | Produced by Tolley Read more Read more