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Weekly Roundup HMRC Manuals: 30 October 2023

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

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

Economic Crime and Corporate Transparency Act 2023

The Economic Crime and Corporate Transparency Act 2023 has received Royal Assent.

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

Compliance checks: third party information notices — promoters of tax avoidance schemes — CC/FS74

HMRC has published a new factsheet which provides information on the use of third party information notices for promoters of tax avoidance schemes (POTAS).

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

Weekly Roundup HMRC Manuals: 23 October 2023

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

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

Peru and UK intend to renew tax treaty negotiations

Nigel Huddleston, MP, Minister for International Trade, and HE Juan Carlos Mathews, Minister of Foreign Trade and Tourism of Peru, met in Lima on 13 October 2023 and agreed on the importance of completing negotiations for a tax treaty that would provide certainty for businesses and encourage economic investment and competitiveness.

23 Oct 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

The Council of the EU adopts new DAC8 directive

The DAC8 directive was adopted by member states in the Council by unanimity.

20 Oct 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly Roundup HMRC Manuals: 16 October 2023

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

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

CIOT Autumn Statement 2023 representation: Cryptoassets and their treatment for tax purposes

The CIOT has made an Autumn Statement 2023 representation on Cryptoassets and their treatment for tax purposes.

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

Weekly Roundup HMRC Manuals: 9 October 2023

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

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

New HMRC guidance on how to claim an Economic Crime Levy refund

HMRC have issued new guidance on how to claim an Economic Crime Levy refund.

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

Land and Buildings Transaction Tax (Green Freeports Relief) (Scotland) Order, SSI 2023/280

This Order provides for relief from land and buildings transaction tax in designated Scottish green freeport tax sites.

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

Spotlight 63: property business arrangements involving hybrid partnerships

Spotlight 63 highlights an avoidance scheme marketed to landlords which claims to bypass the restrictions on mortgage interest relief, reduce taxable profits from the property business and reduce CGT and IHT. HMRC is clear that the scheme is not effective.

05 Oct 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

New electronic filing directions for Upper Tribunal

A new Practice Direction requires documents to be submitted to the Upper Tribunal electronically via the Tribunal’s CE-File secure online portal.

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

HMRC Stakeholder Digest: 29 September 2023

HMRC’s latest Digest provides short updates on basis period reform, registering for VAT and recently announced service changes.

03 Oct 2023 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Weekly Roundup HMRC Manuals: 3 October 2023

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

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

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

Popular Articles

Spouse exemption from inheritance tax

Spouse exemption from inheritance taxArguably, the most important inheritance tax exemption is the spouse exemption from inheritance tax.There is no IHT to pay on gifts from husband to wife and vice versa, or from one civil partner to the other (referred to collectively in this note as ‘spouses’).

14 Jul 2020 13:56 | Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP Read more Read more

Non-trading deficits on loan relationships

Non-trading deficits on loan relationshipsOverview of non-trading deficits (NTDs)When a company’s debits on its non-trading loan relationships and derivative contracts in an accounting period exceed the credits on its non-trading loan relationships and derivative contracts in the same period (the

14 Jul 2020 12:17 | Produced by Tolley 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