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CIOT response: anti-money laundering supervision

The CIOT has responded to the Treasury consultation: ‘Reforming anti-money laundering and counter-terrorism financing supervision’.

03 Oct 2023 00:00 | Published by a Tolley Corporation Tax expert

New remittance basis toolkit for agents

HMRC has issued a new toolkit intended to help advisers consider whether clients who have used the remittance basis have made taxable remittances.

03 Oct 2023 00:00 | Published by a Tolley Employment Tax expert

CIOT response: Taxation of Employee Ownership Trusts and Employee Benefit Trusts

The CIOT has responded to HMRC’s consultation: ‘Taxation of Employee Ownership Trusts and Employee Benefit Trusts’.

28 Sep 2023 00:00 | Published by a Tolley Employment Tax expert

Updated HMRC guidance on paying tax bill using a Certificate of Tax Deposit

HMRC has updated its guidance to explain what deposit holders need to do before the Certificate of Tax Deposit (CTD) Scheme closes on 23 November 2023.

25 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 25 September 2023

25 September 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

25 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Abolishing the pensions lifetime allowance

The CIOT has commented on the draft Finance Bill 2024 legislation on abolishing the pensions lifetime allowance.

19 Sep 2023 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 19 September 2023

19 September 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

19 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

HMRC Code of Governance for Resolving Tax Disputes and dispute resolution board remits

HMRC has published new guidance on its internal procedures for deciding how tax disputes should be resolved, depending on the particular circumstances of a dispute and how much tax is at stake.

15 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

UK government publishes draft legislation to preserve 0% stamp tax charge on issue (and on exempt capital-raising transfers) of UK shares and securities

The government is to legislate to preserve the current 0% stamp duty/SDRT (stamp tax) charge on the issue (and on exempt capital-raising transfers) of UK shares and securities to a depositary or a clearance service operator or their nominees.

14 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

SI 2023/997 The Finance Act 2009, Sections 101 and 102 (Economic Crime (Anti-Money Laundering) Levy) (Appointed Day) Order 2023

This Order appoints 30 September 2023 as the day on which the late-payment and repayment interest provisions come into force for the purposes of the economic crime (anti-money laundering) levy.

14 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Draft Finance Bill 2024 – change to data HMRC collects from customers

The CIOT has commented on the draft Finance Bill 2024 legislation which will introduce additional information reporting requirements for businesses.

14 Sep 2023 00:00 | Published by a Tolley Employment Tax expert

CIOT response: Draft Finance Bill 2024 – dealing with promoters of tax avoidance

The CIOT has commented on the draft Finance Bill 2024 legislation which introduces a new strict liability criminal offence for a person who, without reasonable excuse, fails to comply with a stop notice issued by HMRC requiring them to stop promoting a tax avoidance scheme.

14 Sep 2023 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 11 September 2023

11 September 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

11 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on reporting cross-border arrangements

HMRC has updated its guidance on reportable cross-border arrangements under the Mandatory Disclosure Rules (MDR).

08 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

ATT responds to consultation on additional information to be included in returns

The ATT has submitted comments on the draft Finance Bill 2024 legislation which will enable HMRC to specify additional information to be reported in tax returns and via PAYE.

08 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

Autumn Statement 2023 date confirmed

HM Treasury has announced that Autumn Statement 2023 will take place on Wednesday 22 November 2023

05 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest - 31 August 2023

HMRC’s Stakeholder Digest (31 August 2023) provides a round-up of recent news and updates.

04 Sep 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly Roundup HMRC Manuals: 4 September 2023

4 September 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

04 Sep 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC standard for agents

HMRC has updated its standard for agents information about how HMRC treats assignments of income tax repayments by a taxpayer to their agent.

04 Sep 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Consultation: The Insurance Companies (“The Long-term Business Fixed Capitalâ€) Regulations 2023

HMRC has launched a technical consultation seeking views on draft tax regulations to specify which assets are to be treated as structural assets of an insurance company’s long-term business.

30 Aug 2023 00:00 | Published by a Tolley Corporation Tax expert

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