ÀÏ˾»úÎçÒ¹¸£Àû

Tolley works hard to bring you the most up-to-date tax news straight to your inbox. In a dynamic industry it’s important to know when things change. With Tolley’s Tax News you can always be informed giving your clients the most comprehensive information available.

Latest Personal Tax News

Filter icon Filter by tax area

HMRC's further update on Double Cab Pick Up guidance

HMRC has further updated its guidance on the tax treatment of Double Cab Pick Ups.

20 Feb 2024 00:00 | Published by a Tolley Employment Tax expert

New HMRC guidance: Work out your transition profit

HMRC has published new guidance on how to work out transition profit for the 2023/24 tax year for taxpayers affected by the new tax year basis (Basis Period Reform).

20 Feb 2024 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly Roundup HMRC Manuals: 19 February 2024

19 February 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

19 Feb 2024 00:00 | Published by a Tolley Corporation Tax expert

Consultation outcome: Simplifying and modernising HMRC's Income Tax services through the tax administration framework

HMRC has published responses to its consultation on simplifying and modernising HMRC's Income Tax services through the tax administration framework.

16 Feb 2024 00:00 | Published by a Tolley Personal Tax expert

Call for evidence: The Tax Administration Framework Review: enquiry and assessment powers, penalties, safeguards

HMRC has launched a consultation to welcome views on how a range of topics relating to HMRC’s enquiry and assessment powers, penalties, and safeguards could be reformed.

16 Feb 2024 00:00 | Published by a Tolley Corporation Tax expert

Treasury Minutes – February 2024: Government response on making tax digital

In the Treasury minutes published on 15 February 2024, the government has responded, among other things, to the Public Accounts Committee (PAC) report from session 2022-23 on making tax digital for VAT, income tax and corporation tax.

16 Feb 2024 00:00 | Published by a Tolley Corporation Tax expert

Lifetime allowance guidance newsletter — February 2024

HMRC has published the February 2024 Lifetime allowance newsletter to update stakeholders on the latest news for pension schemes.

15 Feb 2024 00:00 | Published by a Tolley Employment Tax expert

HMRC guidance: Employer guides for PAYE and national insurance contributions

HMRC has published the latest versions of its employer guide to Class 1A National Insurance contributions on benefits in kind, termination payments and sporting testimonial payments (CWG5), and of its further guidance for employers on PAYE and National Insurance contributions (CWG2), the latter to be used from 6 April 2024.

14 Feb 2024 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 12 February 2024

12 February 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

12 Feb 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/133 The Finance Act 2009, Sections 101 and 102 (Electronic Sales Suppression) (Appointed Day) Order 2024

This Order appoints 4 March 2024 as the day on which FA 2009, ss 101, 102 come into force for the purposes of electronic sales suppression penalties.

08 Feb 2024 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: The Land and Buildings Transaction Tax (Miscellaneous Amendments) (Scotland) Order 2024

The CIOT has responded to the consultation on the draft legislation on The Land and Buildings Transaction Tax (Miscellaneous Amendments) (Scotland) Order 2024.

08 Feb 2024 00:00 | Published by a Tolley Owner-Managed Businesses expert

Finance Bill 2024: Lords Bill published

Finance Bill 2024 has cleared all House of Commons stages and will next move to the House of Lords. The Lords version of the Bill is now available.

08 Feb 2024 00:00 | Published by a Tolley Corporation Tax expert

Updated pension schemes newsletter 155 ― January 2024

HMRC has updated its recently published pension schemes newsletter.

08 Feb 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/121 The Statutory Paternity Pay (Amendment) Regulations 2024

These Regulations provide greater flexibility for recipients of statutory paternity pay. They are part of a package of legislative changes to statutory rights to paternity leave and pay.

06 Feb 2024 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 5 February 2024

5 February 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

05 Feb 2024 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC Guidance – Apply to pay voluntary National Insurance contributions when abroad (CF83)

Information has been added on paying voluntary National Insurance contributions if an individual has lived or paid social security contributions in an EU country, Iceland, Liechtenstein, Norway, Switzerland or Turkey.

01 Feb 2024 00:00 | Published by a Tolley Employment Tax expert

HMRC Stakeholder Digest - 30 January 2024

HMRC’s latest Digest (30 January 2024) provides short updates on various topics, including an enforcement notice on misleading repayment agent adverts and changes to paternity leave and pay from 8 March 2024.

31 Jan 2024 00:00 | Published by a Tolley Corporation Tax expert

Consultation: The Finance Act 2004 (Registered Pension Schemes and Annual Allowance Charge) Order 2024

HMRC has launched a technical consultation seeking views on draft regulations to make changes to the calculation of pension input in a legacy public service pension scheme against the Annual Allowance.

30 Jan 2024 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 29 January 2024

29 January 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

29 Jan 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/84 Income Tax (Indexation of Blind Person’s Allowance and Married Couple’s Allowance) Order 2024

°Õ³ó±ð °¿°ù»å±ð°ù ¾±²Ô³¦°ù±ð²¹²õ±ð²õ ³Ù³ó±ð ²ú±ô¾±²Ô»å ±è±ð°ù²õ´Ç²Ô’s ²¹±ô±ô´Ç·É²¹²Ô³¦±ð ²¹²Ô»å ³¾²¹°ù°ù¾±±ð»å ³¦´Ç³Ü±è±ô±ð’s ²¹±ô±ô´Ç·É²¹²Ô³¦±ð ´Ú´Ç°ù ³Ù³ó±ð 2024-25 ³Ù²¹³æ ²â±ð²¹°ù.

26 Jan 2024 00:00 | Published by a Tolley Employment Tax expert

Popular Articles

Allowable expenses for property businesses

Allowable expenses for property businessesGeneral itemsMany of the principles applying to allowable expenses for property businesses are similar to those that apply for trading and the rules for individuals in a property business are generally the same as for companies with some exceptions which are

14 Jul 2020 13:26 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax Read more Read more

Company cars

Company carsIntroductionCompany cars are one of the most common taxable benefits. The rules for calculating the benefit are complex, and the reporting requirements are more onerous than most benefits. Company cars are covered by very specific legislation. Detailed guidance on each of the following

14 Jul 2020 11:15 | Produced by Tolley Read more Read more

Long service awards

Long service awardsEmployee recognition by an employer can be an important motivational tool, as well as having a positive effect on retention. Most employer awards made to an employee are treated as taxable earnings under ITEPA 2003, s 62 or as a benefit under ITEPA 2003, s 201 because they are

14 Jul 2020 12:11 | Produced by Tolley Read more Read more