ÀÏ˾»úÎçÒ¹¸£Àû

Tolley works hard to bring you the most up-to-date tax news straight to your inbox. In a dynamic industry it’s important to know when things change. With Tolley’s Tax News you can always be informed giving your clients the most comprehensive information available.

Latest Tax News

Filter icon Filter by tax area

Treasury Minutes: April 2025 – Government responses to tax recommendations

In the Treasury minutes published on 3 April 2025, the Government has responded, among other things, to the Public Accounts Committee (PAC) report from session 2024-25 on HMRC Customer Service and Accounts, and Tax evasion in the retail sector.

04 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC responds to CIOT concerns on double remittances and Finance Act 2025

HMRC has written to the CIOT in response to a paper it recently published concerning double remittances into the UK post-6 April 2025.

04 Apr 2025 00:00 | Published by a Tolley Personal Tax expert

Updates to guidance on Making Tax Digital for Income Tax

HMRC has updated various pages of guidance on Making Tax Digital for Income Tax and published a new page.

04 Apr 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

National Insurance Contributions (Secondary Class 1 Contributions) Act 2025 receives Royal Assent

National Insurance Contributions (Secondary Class 1 Contributions) Act 2025 received Royal Assent on 3 April 2025.

04 Apr 2025 00:00 | Published by a Tolley Employment Tax expert

Directions under sections 690A and 690D of the Income Tax (Earnings and Pensions) Act 2003

These Directions specify the manner and form in which employers must deliver notifications to HMRC under

03 Apr 2025 00:00 | Published by a Tolley Employment Tax expert

HMRC Personal Tax Query Resolution Service for Agents now live

The Personal Tax Query Resolution Service for Agents is now live. HMRC has also notified unavailability of the Agent Services Account on certain days in April.

03 Apr 2025 00:00 | Published by a Tolley Employment Tax expert

Updated HMRC guidance on creative industry reliefs

HMRC has updated the form used to submit evidence in support of claiming creative industry tax reliefs, and added guidance on expenditure credit claims.

02 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

Welsh Revenue Authority Corporate Plan 2025 to 2028

The Welsh Revenue Authority (WRA) has published its Corporate Plan 2025 to 2028.

02 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

SSI 2025/100 Social Security (Up-rating) (Miscellaneous Amendments) (Scotland) Regulations 2025

These Regulations fulfil the statutory duty on the Scottish Ministers under sections 86A and 86B of the Social Security (Scotland) Act 2018 to review the rates of social security assistance that they are responsible and where appropriate, to bring forward legislation to increase the rates to an amount in line with inflation.

01 Apr 2025 00:00 | Published by a

SI 2025/406 The Multinational Top-up Tax (Pillar Two Territories, Qualifying Domestic Top-up Taxes and Accredited Qualifying Domestic Top-up Taxes) Regulations 2025

These Regulations specify territories as Pillar Two territories and designate qualifying domestic top-up taxes and accredited qualifying domestic top-up taxes.

01 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

SSI 2025/102 The Social Security Up-rating (Scotland) Order 2025

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

01 Apr 2025 00:00 | Published by a Tolley Employment Tax expert

Spotlight 68: Using prepaid debit cards for profit extraction to reduce profits and disguise income

HMRC has published Spotlight 68, which highlights a scheme that uses advertising and marketing expenditure to reduce profitability and disguise income in the form of redeemable loyalty points.

31 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 31 March 2025

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.

31 Mar 2025 00:00 | Published by a

HMRC Directions under the Income and Corporation Taxes (Electronic Communications) Regulations 2003 (S.I. 2003/282)

These directions specify the procedures for electronic communications related to claim notifications, additional information, and amendments to company tax returns containing an R&D claim.

31 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/401 The National Minimum Wage (Amendment) Regulations 2025

These Regulations amend the National Minimum Wage Regulations 2015, SI 2015/621 to increase the rate of the national living wage for workers who are aged 21 or over from £11.44 to £12.21 per hour.

31 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 31 March 2025

31 March 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

31 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Independent Review of the Loan Charge: Call for evidence

HM Treasury has issued a Call for Evidence - Independent Loan Charge Review 2025.

31 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC import, export and customs guidance: 31 March 2025

Details of updates to HMRC import, export and customs guidance for the period from 25 to 31 March 2025.

31 Mar 2025 00:00 | Published by a

Pension Schemes Newsletter 168— March 2025

HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 168 for March 2025. The newsletter includes articles on pension scheme return (PSR), drawdown pension tables, qualifying recognised overseas pension schemes (QROPS) and lifetime allowance protections and enhancements.

28 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

Updated HMRC interest rates for late and early payments

Following the publication of

28 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Income tax losses ― overview

Income tax losses ― overviewIncome tax losses can arise due to a number of reasons, but not all losses can be relieved against total income and some losses can only be set against certain types of component income. The table below is a summary of the main reliefs for income tax losses.Summary of

04 Mar 2021 12:19 | 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

Parking provision and expenses

Parking provision and expensesCar parking facilities at or near to the employee’s workplaceThere is an exemption from tax and NIC where an employer provides parking, or pays for or reimburses an employee for the costs associated with car parking at or near the place of work; there are no reporting

14 Jul 2020 11:09 | Produced by Tolley Read more Read more