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Updated HMRC guidance on Disguised remuneration settlement terms 2020

HMRC has updated its guidance at section 14 to explain when an

08 Dec 2022 00:00 | Published by a Tolley Employment Tax expert

Swiss Upper House approves Social Security Convention with the UK

The Swiss Council of States (upper chamber of parliament) has approved for ratification the social security convention with the UK.

08 Dec 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 7 December 2022

HMRC’s Stakeholder Digest (7 December 2022) provides a round-up of recent news and updates.

08 Dec 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

HMRC publishes Foreign income toolkit

HMRC has published its 2021-22 foreign income toolkit.

07 Dec 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly roundup of HMRC manual changes: 5 December 2022

5 December 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

05 Dec 2022 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on Capital Gains Tax on UK property or land

HMRC has updated its guidance on Capital Gains tax on UK property or land.

05 Dec 2022 00:00 | Published by a Tolley Corporation Tax expert

House of Commons Committee reports adoption of government amendments to Economic Crime and Corporate Transparency Bill

The House of Commons Public Bill Committee has reported the adoption of government amendments to the Economic Crime and Corporate Transparency Bill (the Bill). The Committee has also reported the withdrawal of amendments in the name of Dame Margaret Hodge proposing an offence of failure to prevent fraud or money laundering.

02 Dec 2022 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on signing up for MTD for income tax

HMRC has updated its guidance on signing up for MTD for income tax.

01 Dec 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

Brazil: tax treaties

The text of the 2022 UK-Brazil Double Taxation Convention has been added to the HMRC tax treaties page.

30 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

SI 2022/1243 The Income Tax (Pay As You Earn) (Amendment) Regulations 2022

The Regulations specify the information an employee must provide to HMRC to evidence their entitlement to tax relief in relation to certain allowable expenses.

30 Nov 2022 00:00 | Published by a Tolley Employment Tax expert

Pension schemes newsletter 145: November 2022

HMRC has published pension schemes newsletter 145.

30 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest : 24 November 2022

HMRC’s Stakeholder Digest (24 November 2022) provides a round-up of recent news and updates.

28 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 28 November 2022

28 November 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

28 Nov 2022 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Company cars: advisory fuel rates from 1 December 2022

HMRC has published revised advisory fuel rates for company cars which apply from 1 December 2022.

28 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Unique Taxpayer References (UTRs) and the HMRC app

The ATT has shared an update from HMRC on Unique Taxpayer References (UTRs) and the HMRC app.

28 Nov 2022 00:00 | Published by a Tolley Employment Tax expert

Consultation outcome Draft regulations: Mandatory Disclosure Rules

HMRC has published its response to the consultation on the implementation of the Organisation for Economic Co-operation and Development (OECD) Mandatory Disclosure Rules for CRS (Common Reporting Standard) Avoidance Arrangements and Opaque Offshore Structures. This consultation ran from 30 November 2021 to 8 February 2022.

24 Nov 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

SI 2022/1223 The Financial Services (Miscellaneous Amendments) Regulations 2022

These Regulations address deficiencies in retained EU law arising from the withdrawal of the United Kingdom from the European Union. They ensure that HM Treasury and the Financial Conduct Authority (“FCAâ€) can apply their powers under certain Regulations to Gibraltarian firms in the UK financial services market.

24 Nov 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

Updated HMRC guidance on social security contributions for workers coming to the UK from the EU, Iceland, Liechtenstein, Norway, or Switzerland

HMRC has updated its guidance on social security contributions regarding those working on board a vessel at sea.

24 Nov 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

Treasury publishes Autumn Finance Bill 2022

On 22 November 2022, HM Treasury published the Autumn Finance Bill 2022 legislating for key tax changes announced by the Chancellor at the Autumn Statement 2022 on 17 November 2022.

23 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC publishes tax information and impact notes

HMRC has published several tax information and impact notes (TIINs).

22 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Class 4 national insurance contributions

Class 4 national insurance contributionsWhat is Class 4 NIC?Class 2 and Class 4 national insurance contributions (NIC) are paid by self-employed individuals and partners in a partnership on their profits arising within the UK. This guidance note considers Class 4 contributions. For Class 2

14 Jul 2020 11:13 | Produced by Tolley Read more Read more

Married couple’s allowance

Married couple’s allowanceThe married couple’s allowance (MCA) is only available if one of the two spouses or civil partners was born before 6 April 1935. This means that one member of the couple must be at least 89 years old on 5 April 2024 to qualify for an allowance in the 2023/24 tax year.There

14 Jul 2020 12:13 | Produced by Tolley Read more Read more

Ministers of religion

Ministers of religionMost ministers of religion or members of the clergy are either office-holders or employees and so their earnings are taxable under ITEPA 2003 as employment income and are subject to Class 1 National Insurance.For the purposes of the tax system, a minister does not have to belong

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