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Latest Tax News

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Direct payment scheme for IHT – extended to investment providers

The direct payment scheme which allows personal representatives to pay IHT from the deceased’s funds has been extended to investment providers.

01 Oct 2024 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Updated HMRC guidance on claiming a VAT refund as an organisation not registered for VAT

The form VAT126 has been updated so it can now be completed digitally for first claims.

30 Sep 2024 00:00 | Published by a Tolley Value Added Tax expert

Weekly roundup of HMRC import, export and customs guidance: 30 September 2024

Details of updates to HMRC import, export and customs guidance for the period from 23 September 2024 to 30 September 2024.

30 Sep 2024 00:00 | Published by a

Weekly Roundup HMRC Manuals: 30 September 2024

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

30 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 30 September 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

30 Sep 2024 00:00 | Published by a

HMRC Stakeholder Digest: 26 September 2024

HMRC has published its latest Stakeholder Digest (26 September 2024)

27 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Scottish government consults on new building safety levy

The Scottish Government is consulting on a new building safety levy which would raise revenue for the remediation of unsafe cladding in Scotland.

26 Sep 2024 00:00 | Published by a

Rates relief to be withdrawn from private schools in Wales

The Welsh Government is consulting on the proposed withdrawal of charitable non-domestic rates relief from private schools in Wales.

26 Sep 2024 00:00 | Published by a

SI 2024/976 Retained EU Law (Revocation and Reform) Act 2023 (Commencement No 2 and Saving Provisions) (Revocation) Regulations

The UK Government has halted changes to the interpretation of assimilated caselaw that otherwise were to have taken effect from 1 October 2024.

26 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Regulations to allow holding of fractional shares in ISAs

Regulations are expected to be issued which will allow certain fractional shares to be held in an ISA.

25 Sep 2024 00:00 | Published by a Tolley Personal Tax expert

Cancelling registration for the economic crime levy

HMRC has published guidance on how to cancel an economic crime levy registration

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

Weekly Roundup HMRC Manuals: 23 September 2024

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

23 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC import, export and customs guidance: 23 September 2024

Details of updates to HMRC import, export and customs guidance for the period from 16 September 2024 to 23 September 2024.

23 Sep 2024 00:00 | Published by a

Agent Update: Issue 123

HMRC has published Agent Update issue 123 (19 September 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

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

HMRC Pension Scheme Newsletter: September 2024

HMRC has published its latest Pension scheme newsletter (September 2024).

17 Sep 2024 00:00 | Published by a Tolley Employment Tax expert

CIOT response: VAT on Private School Fees and Removing the Charitable Rates Relief for Private Schools

The CIOT has published its response to the HMT consultation on the draft legislation on VAT on Private School Fees and Removing the Charitable Rates Relief for Private Schools.

17 Sep 2024 00:00 | Published by a Tolley Value Added Tax expert

Registration for Corporation tax

HMRC has published a suite of new guidance on registering for corporation tax

17 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC updated payment details

The payment details used to pay by bank transfer have been updated on various HMRC guidance pages.

16 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 16 September 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

16 Sep 2024 00:00 | Published by a

ATT comments on VAT and private school fees

The Association of Taxation Technicians (ATT) has submitted comments on a technical note and draft legislation relating to the application of VAT to private school fees.

16 Sep 2024 00:00 | Published by a Tolley Value Added Tax expert

Popular Articles

VAT on property disposals

VAT on property disposalsThis guidance note provides an overview of the VAT treatment of selling property that is located in the UK. The UK includes Great Britain, Northern Ireland and the territorial sea of the UK. The sale of any land or building located outside the UK is outside the scope of UK

14 Jul 2020 13:57 | Produced by Tolley Read more Read more

Married couple’s allowance

Married couple’s allowanceThe married couple’s allowance (MCA) is only available if one of the two spouses or civil partners was born before 6 April 1935. This means that one member of the couple must be at least 89 years old on 5 April 2024 to qualify for an allowance in the 2023/24 tax year.There

14 Jul 2020 12:13 | Produced by Tolley Read more Read more

Corrections and amendments to the IHT account

Corrections and amendments to the IHT accountThis guidance note explains how to deal with changes to the taxable values in the original inheritance tax account.Why do amendments arise?When the IHT account is first submitted to HMRC, it is based on information available at an early stage of the

14 Jul 2020 11:20 | Produced by Tolley Read more Read more