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

HMRC has published Pensions schemes newsletter 161 for August 2024.

HMRC is reducing the late-payment interest rate to 7.5% and the repayment rate to 4% from 20 August 2024 for most taxes and payments. Interest on quarterly instalment payments of corporation tax will also be reduced from 12 August.

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

HMRC has published a document outlining their ongoing engagement plans regarding the changes to the taxation of non-UK domiciled individuals.

The Government has published a new policy paper on its remit to the Low Pay Commission (LPC) outlining areas to consider when recommending the National Minimum Wage and National Living Wage.

HMRC has replaced and updated the existing form

HMRC has published Employment Related Securities (ERS) Bulletin 56.

Two sets of regulations have been issued to exempt certain compensation payments made to postmasters affected by the Horizon scandal from income tax, capital gains tax, corporation tax and Class 1 NICs, and to provide relief from inheritance tax.

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

The Autumn Budget will be on 30 October 2024. The Government has also published some tax documents.

Two sets of regulations have been introduced which bring into force the Employment (Allocation of Tips) Act 2023, ss 1-8, 10-12 and also bring into effect the statutory Code of Practice on Fair and Transparent Distribution of Tips.

HMRC has produced information for use by stakeholders to communicate with pensioners about simple assessments.

The Association of Taxation Technicians (ATT) has met with James Murray MP, the Exchequer Secretary to the Treasury, to discuss priorities for reforms to the tax system and how it can support economic growth.

New guidance has been issued as to when substantive, interlocutory and permission to appeal decisions of the Upper Tribunal (Tax and Chancery Chamber) will and will not be published.

The Association of Taxation Technicians (ATT) has urged HMRC to clarify the rules around the tax exemption for workplace nursery benefit schemes after some promoters incorrectly promised tax breaks for those buying childcare places.

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

The ATT have shared an update that requests for CIS payment deduction statements must be made in writing.

The UK government has published a new Bill designed to ensure that announcements of ‘fiscally significant measures’ are subject to an independent assessment from the OBR.

HMRC has published Agent Update issue 121 (17 July 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.