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These Regulations amend SI 2001/1004 to disregard from earnings two new social security benefit payments in order to exempt them from Class 1 National Insurance Contributions (NICs).

The 6 March 2024 Spring Budget announced a further 2 percentage point cut in NICs for employees and the self-employed, although the income tax thresholds remain frozen. The government is also consulting on potential regulation of the tax advice market.

These Regulations amend secondary legislation in consequence of the Carer's Leave Act 2023, which makes provision for entitlement to carer’s leave.

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

These Regulations make provision to implement a new statutory entitlement to Carer’s Leave for employees from 6th April 2024. They ensure that this leave will be available to employees to care for a dependant with a long-term care need.

These regulations set the annual rates of Working Tax Credit and Child Tax Credit from 6 April 2024, and the weekly rate of Child Benefit and Guardian’s Allowance from 8 April 2024.

These Regulations give effect to the annual re-rating of various National Insurance contributions rates, limits and thresholds from 6 April 2024.

HMRC has updated its recently published lifetime allowance newsletter.

The Scottish Parliament has approved the 2024-25 Scottish Budget.

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

HMRC has published pension schemes newsletter 156.

These Regulations amend SI 2001/1004 to disregard from earnings three compensation schemes in order to exempt them from Class 1 National Insurance Contributions (NICs).

The CIOT has responded to HMRC’s consultation on calculating PAYE liabilities in cases of non-compliance for off-payroll working (IR35)

HMRC has published revised advisory fuel rates for company cars which apply from 1 March 2024.

HMRC’s latest Digest (22 February 2024) provides short updates on various topics, including changes to the R40 repayment claim form, P87 form, changes to reporting income from self-employment and partnership.

Royal Assent to the Finance Act was notified in the House of Lords on 22 February 2024

These Regulations amend several statutory instruments in relation to tax credits and child benefit.

HMRC has published Agent Update issue 117 (21 February 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

HMRC has further updated its guidance on the tax treatment of Double Cab Pick Ups.

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