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

HMRC has published Agent Update issue 111 (17 August 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The ICAEW has advised that HMRC is extending its trial for responding to old post.

HMRC has published Employment Related Securities (ERS) Bulletin 53.

HMRC is increasing the late-payment interest rate to 7.75% and the repayment rate to 4.25% from 22 August 2023. Interest on quarterly instalment payments of corporation tax is also increased from 14 August 2023.

The government has launched England’s second Investment Zone in Liverpool focused on life sciences.

The Treasury Committee calls for a systematic review into the cost of over a thousand tax reliefs which complicate the tax system and are open to abuse.

HMRC’s Stakeholder Digest (27 July 2023) confirms the end of the concessionary treatment of assignments of the right to receive tax repayments.

HMRC has published a new guidance page on how employees can claim a tax refund for negative earnings.

HMRC and HM Treasury have launched a joint consultation on the role of tax incentives in boosting occupational health (OH) provision by employers.

HMRC has published pension schemes newsletter 152.

These Regulations provide a disregard from earnings, for NICs purposes, for compensation payments made under the public service pensions remedy.

HMRC has published Agent Update issue 110 (19 July 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

This instrument makes consequential amendments in light of the F(No 2)A 2023 changes that provide for NIC relief in investment zones.

This treaty was presented to Parliament in July 2023. The explanatory memorandum provides information on the Convention on Social Security Coordination between Iceland, the Principality of Liechtenstein, the Kingdom of Norway, and the United Kingdom of Great Britain and Northern Ireland.

In the Treasury minutes published on 17 July 2023, the government has responded, among other things, to the Public Accounts Committee (PAC) report from session 2022-23 on managing tax compliance following the COVID-19 pandemic.

Hot on the heels of

These Regulations exempt certain top-up payments made under the Post Office Limited’s Horizon Shortfall Scheme (HSS) from income tax, capital gains tax and Class 1 NICs.

Finance (No 2) Act 2023

These regulations extend the deadline for paying voluntary National Insurance Contributions (NICs) for tax years between 6 April 2006 and 5 April 2018 to 5 April 2025.