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Update on requests for CIS payment deduction statements

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

22 Jul 2024 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC import, export and customs guidance: 22 July 2024

Details of updates to HMRC import, export and customs guidance for the period from 15 July 2024 to 22 July 2024.

22 Jul 2024 00:00 | Published by a

Budget Responsibility Bill published

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.

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

Agent update: Issue 121

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.

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

Land transaction tax reliefs: summary report on consultation responses

The Welsh Government has published a report summarising the responses to the public consultation on land transaction tax reliefs.

18 Jul 2024 00:00 | Published by a

King’s Speech 2024: highlights

Opening the 2024–25 Parliamentary session on 17 July 2024, the King’s Speech set out the UK Government's legislative priorities.

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

Supreme Court disallows investment company’s expenditure on advisory services relating to the sale of a subsidiary because it was capital in nature (Centrica Overseas Holdings v HMRC)

The Supreme Court dismissed the taxpayer’s appeal, deciding that the expenditure on advisory services relating to the sale of a subsidiary was capital in nature. As well as outlining a summary of the decision, this News Analysis also contains commentary from Helen McGhee, partner at Joseph Hage Aaronson LLP.

17 Jul 2024 00:00 | Published by a

CIOT letter to the new Exchequer Secretary to the Treasury

The CIOT has written to the new Exchequer Secretary to the Treasury, James Murray MP, regarding tax issues for the new government.

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

HMRC form P1000 published online

HMRC has published form P1000 regarding death estates online for the first time.

15 Jul 2024 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Weekly Roundup HMRC Manuals: 15 July 2024

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

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

Tax news roundup: 15 July 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.

15 Jul 2024 00:00 | Published by a

Changes to the use of paper form VAT 484

HMRC has contacted JVCC stakeholders about planned restrictions on the use of the VAT484.

12 Jul 2024 00:00 | Published by a Tolley Value Added Tax expert

WSI 2024/791 The Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (Amendments to Schedule 5) Regulations 2024

These Regulations amend Schedule 5 of the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 to extend the 3-year replacement of main residence exception and refund period for higher rates residential property transactions if certain conditions are met.

12 Jul 2024 00:00 | Published by a

New HMRC guidance on Multinational Top-up Tax and the Domestic Top-up Tax

HMRC has published new guidance on Multinational Top-up Tax and the Domestic Top-up Tax.

11 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Employer Bulletin: July 2024

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

10 Jul 2024 00:00 | Published by a Tolley Employment Tax expert

HMRC guidance: Employer guides for PAYE and national insurance contributions

HMRC has updated its employer guide to Class 1A National Insurance contributions on benefits in kind, termination payments and sporting testimonial payments (CWG5).

10 Jul 2024 00:00 | Published by a Tolley Employment Tax expert

New HMRC Tool on VAT

HMRC has published a new tool – ‘Check what registering for VAT may mean for your business’

10 Jul 2024 00:00 | Published by a Tolley Value Added Tax expert

Tax news roundup: 8 July 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.

08 Jul 2024 00:00 | Published by a

Weekly roundup of HMRC import, export and customs guidance: 8 July 2024

Details of updates to HMRC import, export and customs guidance for the period from 1 July 2024 to 8 July 2024.

08 Jul 2024 00:00 | Published by a

Weekly Roundup HMRC Manuals: 8 July 2024

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

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

Popular Articles

Residential property and capital allowances

Residential property and capital allowancesResidential property ― plant and machinery allowancesOrdinary residential property does not, and never has, qualified for capital allowances. as CAA 2001, s 35 denies plant allowances for expenditure incurred in providing plant or machinery for use in a

14 Jul 2020 17:14 | Produced by Tolley in association with Martin Wilson and Steven Bone Read more Read more

Exporting goods ― proof of export

Exporting goods ― proof of exportIn addition to the requirements laid down in the Exporting goods ― overview guidance note, businesses intending to zero-rate exported goods must hold satisfactory evidence that the goods have been delivered to a destination outside of the UK. If satisfactory evidence

15 Dec 2020 14:02 | Produced by Tolley Read more Read more

Holding companies ― VAT status of activities

Holding companies ― VAT status of activitiesThis guidance note examines how to determine the VAT status of a holding company’s activities. In particular, it looks at:•when a holding company is or is not in business•if a holding company is in business, whether its activities are exempt or taxableThe

14 Jul 2020 17:13 | Produced by Tolley Read more Read more