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HMRC has published directions under

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

HMRC is increasing the late-payment interest rate to 7.75% and the repayment rate to 4.25% from 22 August 2023. Interest on quarterly instalment payments of corporation tax is also increased from 14 August 2023.

The Treasury Committee calls for a systematic review into the cost of over a thousand tax reliefs which complicate the tax system and are open to abuse.

HMRC has published a new guidance page on how to report profit on the Self Assessment tax return for 2023-24 if the self-employed or partnership business accounting year does not end on or between 31 March to 5 April.

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

HMRC has updated its guidance on working out the balancing charge when a plant or machinery is sold or disposed by a company after claiming allowances for them.

The Luxembourg Parliament approved for ratification the double tax convention between Luxembourg and the UK which was signed on 7 June 2022.

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

The CIOT has responded to the HMRC consultation on Construction Industry Scheme reform.

HMRC has published pension schemes newsletter 152.

HMRC has responded to the CIOT's submission: 'Uncertainties in relation to Structures and Buildings Allowances'.

HMRC has published Agent Update issue 110 (19 July 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The ATT have shared an update from HMRC that an online tool will be launched on 29 August 2023 allowing businesses, the self-employed and their agents to request details of overlap profits where that data is held by HMRC.

The CIOT has responded to the HMRC consultation on The Tax Administration Framework Review: information and data.

In the Treasury minutes published on 17 July 2023, the government has responded, among other things, to the Public Accounts Committee (PAC) report from session 2022-23 on managing tax compliance following the COVID-19 pandemic.

Hot on the heels of

The CIOT has responded to HMRC’s consultation on ‘The Tax Administration Framework Review: Creating innovative change through new legislative pilots’ which considers an option to test new policies or processes by making them available in a temporary online environment to a discrete group of taxpayers.

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

South Yorkshire has been named as the UK’s first Investment Zone focused on Advanced manufacturing.