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SDLT guidance update on seeding relief

HMRC has updated its guidance with a new section 'Seeding relief for Property Authorised Investment Funds or Co-Ownership Authorised Contractual Schemes’.

27 Aug 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Pension schemes newsletter 132 — August 2021

HMRC has published pension schemes newsletter 132, which informs relevant stakeholders of the latest news and updates regarding pension schemes.

27 Aug 2021 00:00 | Published by a Tolley Personal Tax expert

CC/FS60: Compliance checks: financial institution notice

HMRC has published a new factsheet on information and documents that a financial institution will need to provide to HMRC if they receive a financial institution notice (FIN).

27 Aug 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Company cars: advisory fuel rates from 1 September 2021

HMRC has published revised advisory fuel rates for company cars which apply from 1 September 2021.

25 Aug 2021 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes – 23 August 2021

23 August 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

23 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

SEISS API problem

The Chartered Institute of Taxation (CIOT) has reported a problem with HMRC’s software that is causing incorrect SEISS figures to be included in the self-assessment tax return.

23 Aug 2021 00:00 | Published by a Tolley Employment Tax expert

Agent update: issue 87

HMRC has published Agent Update issue 87 (August 2021) providing a round-up of recent developments for tax agents and advisers.

19 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

Digital tax reform: professional bodies urge caution

The CIOT, ATT and other professional bodies have urged the UK government to reconsider the timetable for basis period reform alongside other changes in the move towards a digital tax system.

19 Aug 2021 00:00 | Published by a Tolley Employment Tax expert

HMRC publishes managing pension schemes service newsletter for August 2021

HMRC has published its managing pension schemes service newsletter for August 2021. The newsletter is designed to update stakeholders on the latest news for pension schemes.

17 Aug 2021 00:00 | Published by a Tolley Personal Tax expert

Weekly roundup of HMRC manual changes: 16 August 2021

16 August 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

16 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

Barbados joins OECD's two-pillar plan

Barbados has joined the two-pillar plan to reform the international taxation rules to ensure that multinational enterprises pay a fair share of tax wherever they operate.

13 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

OECD Multilateral Convention on Mutual Administrative Assistance in Tax Matters

Maldives, Papua New Guinea and Rwanda have signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Organisation for Economic Co-operation and Development ((OECD’s)) treaty for international tax co-operation and exchange of information), bringing the total number of jurisdictions that participate in the Convention to 144.

12 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

Employer Bulletin: August 2021

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

12 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

Reporting coronavirus (COVID-19) grants and support payments

HMRC has published new guidance on reporting of coronavirus (COVID-19) grants and support payments on tax returns. The guidance is for the self-employed or partners in a business.

09 Aug 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly roundup of HMRC manual changes: 9 August 2021

9 August 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

09 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

USA: tax treaties

HMRC has added the UK-USA Competent Authority Agreement signed in July 2021 to its international treaty collection.

09 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

HMRC guidance: CJRS update

HMRC has updated its guidance with information about the Coronavirus Job Retention Scheme (CJRS) end date and when claims for September must be submitted.

06 Aug 2021 00:00 | Published by a Tolley Employment Tax expert

National Insurance and social security: further updates to guidance for workers moving between the UK and EEA or Switzerland

HMRC has updated its guidance on National Insurance contributions for workers from the UK working in the EEA or Switzerland and for social security contributions for workers coming to the UK from the EEA or Switzerland.

03 Aug 2021 00:00 | Published by a Tolley Employment Tax expert

Statement of Practice 1 (2010)

HMRC has updated Statement of Practice 1 (2010): Business by telephone to add further SEISS Directions and update Annex A and Annex B.

02 Aug 2021 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 2 August 2021

2 August 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

02 Aug 2021 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Bare trusts ― income tax and CGT

Bare trusts ― income tax and CGTThis guidance note explains how trustees of bare trusts are treated for income tax and capital gains purposes. Although a bare trust is, in equity, a type of trust, for both income tax and capital gains tax purposes its existence is transparent. This means that no tax

14 Jul 2020 15:34 | Produced by Tolley Read more Read more

Terminal trading loss relief

Terminal trading loss reliefTerminal loss relief for trade losses in the final 12 monthsTrading losses incurred by a company in the final 12 months leading up to the discontinuance of trade may be carried back for up to three years from the period beginning immediately before that 12-month period.

14 Jul 2020 13:49 | Produced by Tolley Read more Read more

Furnished holiday lets

Furnished holiday letsThis guidance note sets out the qualifying conditions for a property let to be treated as a furnished holiday let (FHL) for tax purposes and the subsequent tax implications.Whether or not a property qualifies as an FHL can make an important difference to the taxation

14 Jul 2020 11:46 | Produced by Tolley Read more Read more