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Pension schemes newsletter 134: October 2021

HMRC has published pension schemes newsletter 134, bringing together the latest news for scheme administrators, employers and advisers.

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

HMRC SEISS ‘non-filers’ letter

HMRC are sending out Self-Employment Income Support Scheme (SEISS) letters to non-filers of 2019/20 self-assessment tax returns who have received grants under SEISS.

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

Updated CWG2 guidance: further guide to PAYE and National Insurance contributions

HMRC has updated its CWG2 leaflet with information about the Convention on Social Security Coordination between the UK and the Swiss Confederation and what employers need to do if an employee does not provide a certificate showing the social security contributions they must pay in another country.

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

Weekly roundup of HMRC manual changes: 1 November 2021

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

01 Nov 2021 00:00 | Published by a Tolley Employment Tax expert

HMRC guidance: Coronavirus Job Retention Scheme (CJRS) claims

HMRC has published two new guidance pages and updated various other guidance pages to provide details of making a late coronavirus Job Retention Scheme (CJRS) claim if the deadline has been missed and to explain how to use the service to view or delete previous claims.

29 Oct 2021 00:00 | Published by a Tolley Employment Tax expert

CIOT response: Scotland's framework for tax and tax policy in relation to the Scottish Budget 2022-23

The Chartered Institute of Taxation (CIOT) and Low Incomes Tax Reform Group (LITRG) have published a response to the Scottish Government's consultation 'Tax Policy and the Budget - a framework for tax'.

27 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Autumn Budget 2021 summary

A summary of the main tax measures announced at the Autumn Budget on 27 October 2021.

27 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 19 October 2021

The Chartered Institute of Taxation (CIOT) has published an HMRC Stakeholder Digest (19 October 2021) providing a round-up of the latest news and updates for members, and their customers and clients.

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

Weekly roundup of HMRC manual changes: 25 October 2021

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

25 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Reporting rules for digital platforms

The Chartered Institute of Taxation (CIOT) has responded to HMRC’s consultation on the implementation of the OECD Model Reporting Rules, which require digital platforms to report details of the income of sellers on their platform to the tax authority where the platform is resident, incorporated or managed, and also to the sellers.

22 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Update on Finance Bill 2021-22

In a written statement to Parliament, Lucy Frazer MP, financial secretary to the Treasury, has confirmed that the Finance Bill 2021–22 will be published on 4 November 2021.

20 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Net Zero Review Final Report: Fiscal impact

HM Treasury has published its final report following the Net Zero Review as part of its Net Zero strategy. The report considers, amongst a wide range of other policy issues, the material fiscal consequences of the strategy.

20 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 18 October 2021

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

18 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Changes for taxi, private hire or scrap metal licence applications from April 2022

HMRC has published new guidance on changes to the new rules for renewing taxi, private hire or scrap metal licenses from April 2022.

14 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Agent update: issue 89

HMRC has published Agent Update issue 89 (October 2021) providing a round-up of recent developments for tax agents and advisers.

14 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

CIOT calls for action to improve effectiveness of employee ownership regime

The Chartered Institute of Taxation (CIOT) has called for a review of the tax regime for Employee Ownership Trusts (EOT) to encourage take-up and discourage their abuse.

14 Oct 2021 00:00 | Published by a Tolley Employment Tax expert

Social Security (Up-rating of Benefits) Bill: second reading

Social Security (Up-rating of Benefits) Bill passed its second reading in the House of Lords on 14 October 2021. The bill has now been sent to the committee stage.

14 Oct 2021 00:00 | Published by a Tolley Employment Tax expert

Employer Bulletin: October 2021

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

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

HMRC updated guidance: Paying Coronavirus Job Retention Scheme grants back

HMRC has updated its guidance on paying back Coronavirus Job Retention Scheme (CJRS) grants to add a new section on offsetting amounts overclaimed by employers.

12 Oct 2021 00:00 | Published by a Tolley Employment Tax expert

HMRC updated guidance: Check if you're eligible for Making Tax Digital for Income Tax: non-UK resident and non-UK domiciled taxpayers

HMRC has updated its guidance on eligibility for MTD for income tax to state that non-UK resident or non-UK domiciled taxpayers only need to follow the MTD for Income Tax rules for their UK self-employment and property income.

12 Oct 2021 00:00 | Published by a Tolley Employment Tax expert

Popular Articles

Allowable deductions for employee-related expenses

Allowable deductions for employee-related expensesThis guidance note covers the tax treatment of some common types of trading expenditure relating to employees. Some of these are disallowable under general principles, for example the wholly and exclusively test or capital versus revenue expenditure.

14 Sep 2022 09:49 | Produced by Tolley Read more Read more

Temporary differences

Temporary differencesCalculation of temporary differencesThe temporary difference arising in respect of an asset or liability is calculated by comparing the carrying value of that asset or liability with its tax base.IAS 12 uses the concept of taxable or deductible temporary differences. Whether a

14 Jul 2020 13:49 | Produced by Tolley in association with Malcolm Greenbaum 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