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 Corporation Tax News

Filter icon Filter by tax area

CIOT comments: Draft legislation: Improving the data HMRC collects from its customers

The CIOT has commented on the draft legislation on improving the data HMRC collects from its customers.

07 May 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 7 May 2024

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

06 May 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 1 May 2024

HMRC has published its latest Stakeholder Digest (1 May 2024)

02 May 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/574, The Special Tax Sites (Applicable Sunset Date) Regulations 2024

These Regulations extend the applicable sunset date for special tax sites.

01 May 2024 00:00 | Published by a Tolley Corporation Tax expert

Updated guidance on penalties for MTD for income tax volunteers

HMRC has updated the guidance on ‘Making Tax Digital volunteers and penalties’ regarding Time To Pay arrangements.

01 May 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 29 April 2024

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

29 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/555 The Mutual Societies (Transfers of Business) (Tax) (Amendment) Regulations 2024

These Regulations amend the Mutual Societies (Transfers of Business) (Tax) Regulations 2009 (SI 2009/2971) which make provision for the tax consequences of transfers of business by mutual societies.

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

SI 2024/544 The International Tax Compliance (Amendment) Regulations 2024

SI 2024/544: These Regulations are made to amend the International Tax Compliance Regulations 2015, SI 2015/878. This is to provide that the arrangements covered by SI 2015/878 will now be specified in a notice published by the Commissioners

24 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 22 April 2024

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

22 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Tax Administration and Maintenance Day: 18 April 2024

At Tax Administration and Maintenance Day on 18 April 2024, the UK government launched consultations on the impact of the Uber VAT decisions and a new administrative requirement for employers in freeport and investment zone tax sites, committed to publishing further detail on options to tackle umbrella company non-compliance, and set out its intention to consult on VAT relief for low-value goods donated to charity.

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

Agent update: issue 119

HMRC has published agent update: issue 119 (17 April 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

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

Isle of Man Tax treaties - MOU published

HMRC has published a memorandum of understanding (MOU) concerning mutual agreement procedure under the 2018 Isle of Man-United Kingdom income and capital gains tax agreement.

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

CIOT update on the Pandora Papers

The CIOT has advised that, following continued risking of the Pandora Papers data, a further tranche of letters is being issued by HMRC to some wealthy individuals from the week commencing 8 April 2024, and they will include an extended response period of 60 days.

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

Weekly Roundup HMRC Manuals: 15 April 2024

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

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

Weekly Roundup HMRC Manuals: 8 April 2024

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

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

HMRC Stakeholder Digest: 3 April 2024

HMRC has published its latest Stakeholder Digest (3 April 2024).

04 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC directions: Company tax returns with a creative industry tax relief claim

These Regulations provide directions under the Income and Corporation Taxes (Electronic Communications) Regulations 2003 (

03 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Consultation: Draft regulations: the Co-ownership Contractual Schemes (Tax) Regulations 2024

HMRC has launched a technical consultation on draft regulations which set out the proposed tax treatment of the Reserved Investor Fund (RIF).

03 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/445 The Economic Crime and Corporate Transparency Act 2023 (Financial Penalty) Regulations 2024

These Regulations allow the Registrar to impose a financial penalty on a person if satisfied beyond reasonable doubt that they have committed misconduct amounting to a relevant offence under the Companies Act 2006.

02 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 2 April 2024

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

02 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Group relief for carried-forward losses

Group relief for carried-forward lossesThis guidance note examines in detail the relief available to groups for carried-forward losses. The scope excludes the treatment of specialist businesses such as banks, insurance companies and oil and gas companies.From 1 April 2017, companies can surrender

14 Jul 2020 11:50 | Produced by Tolley Read more Read more

Long service awards

Long service awardsEmployee recognition by an employer can be an important motivational tool, as well as having a positive effect on retention. Most employer awards made to an employee are treated as taxable earnings under ITEPA 2003, s 62 or as a benefit under ITEPA 2003, s 201 because they are

14 Jul 2020 12:11 | Produced by Tolley Read more Read more

Capital allowances on cars

Capital allowances on carsSummary of capital allowances on carsThe current capital allowance rates applicable to cars are as follows:Pool typeDescription of carRateLegislationMain rate poolNew and unused cars with CO2 emissions of 50g/km and below 18%CAA 2001, s 104AASecondhand cars with CO2

14 Jul 2020 11:08 | Produced by Tolley Read more Read more