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UK to proceed with beneficial ownership registers

The UK government has confirmed its intention to press ahead with the various registers of company ownership, on the basis that the UK registers adhere to the privacy requirements of the European Convention on Human Rights.

17 Feb 2023 00:00 | Published by a Tolley Corporation Tax expert

Employer Bulletin: February 2023

HMRC has published its bi-monthly magazine providing the latest information on payroll-related topics for employers and agents.

16 Feb 2023 00:00 | Published by a Tolley Employment Tax expert

Agent Update: issue 105

HMRC has published Agent Update issue 105 (15 February 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

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

HMRC guidance: Employer guide for National Insurance contributions

HMRC has published the latest version of its employer guide to Class 1A National Insurance contributions on benefits in kind, termination payments and sporting testimonial payments (CWG5).

15 Feb 2023 00:00 | Published by a Tolley Employment Tax expert

Additional Dwelling Supplement consultation launched

The Scottish Government are consulting on proposed changes to the Additional Dwelling Supplement.

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

Weekly roundup of HMRC manual changes: 13 February 2023

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

13 Feb 2023 00:00 | Published by a Tolley Employment Tax expert

Stamp Duty Land Tax (Temporary Relief) Act 2023 receives Royal Assent

The Stamp Duty Land Tax (Temporary Relief) Bill received Royal Assent on 8 February 2023.

10 Feb 2023 00:00 | Published by a Tolley Corporation Tax expert

CIOT urges the Government to review “unfair†repayment interest rates

The CIOT urges the Government to review “unfair†repayment interest rates, with taxpayers facing late payment bills from HMRC up to 17 times higher than what is returned to those who have overpaid.

09 Feb 2023 18:30 | Published by a Tolley Corporation Tax expert

HMRC new Litigation and Settlement Strategy Manual

HMRC has published a new manual on its Litigation and Settlement Strategy.

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

SI 2023/113 The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) Regulations

These Regulations make modifications for the purposes of applying the correct tax treatment to public service pension schemes which are affected by the rectification of discrimination provisions contained in the Public Service Pensions and Judicial Offices Act 2022.

07 Feb 2023 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Weekly roundup of HMRC manual changes: 6 February 2023

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

06 Feb 2023 00:00 | Published by a Tolley Corporation Tax expert

HMRC late payment interest rates following Bank of England decision

HMRC is increasing the late payment rate of interest to 6.5%, and the repayment interest rate to 3% from 21 February 2023. Interest on quarterly instalment payments of corporation tax is also increased from 13 February 2023.

06 Feb 2023 00:00 | Published by a Tolley Corporation Tax expert

HMRC internal manual Alternative Dispute Resolution Guidance

HMRC has published a new manual on Alternative Dispute Resolution.

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

Updated HMRC guidance: Capital Gains Tax on UK property

HMRC has updated its guidance on how to ask for authorisation, manage a client's account and how to send returns as an agent.

02 Feb 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

CIOT budget representations 2023

The CIOT has made budget representations on ‘CGT – relief for gifts of business assets’ and ‘Company purchase of own shares – multiple completion contracts’.

31 Jan 2023 00:00 | Published by a Tolley Corporation Tax expert

Pension schemes newsletter 146: January 2023

HMRC has published pension schemes newsletter 146.

31 Jan 2023 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 30 January 2023

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

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

HMRC Stakeholder Digest: 26 January 2023

HMRC’s Stakeholder Digest (26 January 2023) provides a round-up of recent news and updates.

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

Weekly roundup of HMRC manual changes: 23 January 2023

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

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

Agent Update: issue 104

HMRC has published Agent Update issue 104 (18 January 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

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

Popular Articles

Simple assessments

Simple assessmentsFrom 2016/17 onwards, HMRC has the power to make a ‘simple assessment’ of the taxpayer’s income tax and / or capital gains tax liability outside of the self assessment system. As HMRC already receives significant amounts of information on the income received and tax paid by

14 Jul 2020 13:40 | Produced by Tolley Read more Read more

Payments on account (POA)

Payments on account (POA)This guidance note provides and overview of the payments on account regime (POA). More in depth commentary can be found in De Voil Indirect Tax Service V5.110.What are payments on account?VAT registered businesses with an annual VAT liability of more than £2.3m are required

14 Jul 2020 12:52 | Produced by Tolley Read more Read more

Classes of NIC and who pays them

Classes of NIC and who pays themClass 1 NICClass 1 NIC is payable on earnings paid to an employed worker which derive from, or are treated as deriving from, an employed earner’s employment in the UK. There are two kinds of Class 1 NIC, primary contributions for which the employee is liable and

14 Jul 2020 11:13 | Produced by Tolley in association with Jim Yuill at The Yuill Consultancy Read more Read more