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Tax Administration and Maintenance Day: 18 April 2024

At Tax Administration and Maintenance Day on 18 April 2024, the UK government launched consultations on the impact of the Uber VAT decisions and a new administrative requirement for employers in freeport and investment zone tax sites, committed to publishing further detail on options to tackle umbrella company non-compliance, and set out its intention to consult on VAT relief for low-value goods donated to charity.

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

Updated HMRC Guidance: Ordinary commuting and private travel (490: Chapter 3)

HMRC has updated guidance to explain the rules around claiming tax relief for flexible and hybrid workers.

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

Agent update: issue 119

HMRC has published agent update: issue 119 (17 April 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

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

CIOT update on the Pandora Papers

The CIOT has advised that, following continued risking of the Pandora Papers data, a further tranche of letters is being issued by HMRC to some wealthy individuals from the week commencing 8 April 2024, and they will include an extended response period of 60 days.

15 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 15 April 2024

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

15 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Updated guidance: CWG2: further guide to PAYE and National Insurance contributions

HMRC has published an update to its 2024-2025 guide to PAYE and National Insurance contributions.

08 Apr 2024 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 8 April 2024

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

08 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Pensions Schemes Newsletter: April 2024

HMRC has published Pensions Schemes Newsletter 158 for April 2024.

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

SI 2024/451 The Pension Schemes Act 2021 (Commencement No. 8 and Transitional Provisions) Regulations 2024

These Regulations bring into force provisions of the Pension Schemes Act 2021. These are the eighth commencement regulations to be made under the Act.

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

HMRC Stakeholder Digest: 3 April 2024

HMRC has published its latest Stakeholder Digest (3 April 2024).

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

SI 2024/106 The Social Security Up-rating (Scotland) Order 2024

This Order is made to provide for an increase in the rates of various benefits, including carer’s allowance, attendance allowance, disability living allowance, industrial injuries disablement benefit, industrial death benefit, severe disablement allowance, and personal independence payment.

03 Apr 2024 00:00 | Published by a Tolley Employment Tax expert

Consultation: Draft regulations: the Co-ownership Contractual Schemes (Tax) Regulations 2024

HMRC has launched a technical consultation on draft regulations which set out the proposed tax treatment of the Reserved Investor Fund (RIF).

03 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 2 April 2024

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

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

Employer Bulletin: March 2024

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

28 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/432 The National Minimum Wage (Amendment) (No. 2) Regulations 2024

These regulations increase the various rates of the NMW from 1 April 2024 and extend the full main hourly rate of the National Living Wage to those aged 21 and over.

28 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 25 March 2024

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

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

Agent update: issue 118

HMRC has published Agent Update issue 118 (20 March 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

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

National Insurance Contributions (Reduction in Rates) Act 2024

The National Insurance Contributions (Reduction in Rates) Act 2024 has received Royal Assent.

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

HMRC reverses decision to cut taxpayer helplines

HMRC has confirmed that proposals to reduce the availability of several taxpayer helplines have been put on hold.

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

SI 2024/383 The Designation of Special Tax Sites (Liverpool City Region, West Midlands and North East Investment Zones) Regulations 2024

These Regulations are made to designate areas, known as ‘special tax sites’, as special areas for the purposes of Parts 2 (plant and machinery allowances) and 2A (structures and buildings allowances) of the Capital Allowances Act 2001 and Part 4 (stamp duty land tax) of the Finance Act 2003.

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

Popular Articles

Spouse exemption from inheritance tax

Spouse exemption from inheritance taxArguably, the most important inheritance tax exemption is the spouse exemption from inheritance tax.There is no IHT to pay on gifts from husband to wife and vice versa, or from one civil partner to the other (referred to collectively in this note as ‘spouses’).

14 Jul 2020 13:56 | Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP Read more Read more

Substantial shareholding exemption ― overview

Substantial shareholding exemption ― overviewThe substantial shareholdings exemption (SSE) provides a complete exemption from the liability to corporation tax on the gains generated from qualifying disposals of shares and interests in shares by qualifying companies. No claim is required. Provided

14 Jul 2020 13:44 | Produced by Tolley Read more Read more

Payment of the remittance basis charge

Payment of the remittance basis chargeRemittance basis chargeThe remittance basis charge is an annual charge payable by ‘long-term’ UK residents for the privilege of claiming the remittance basis.Taxpayers who wish to utilise the remittance basis (but do not qualify for it automatically) must pay

14 Jul 2020 12:52 | Produced by Tolley Read more Read more