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New Chancellor announces reversal of mini-Budget tax measures

Chancellor Jeremy Hunt has announced a reset of government fiscal policy, reversing ‘almost all the tax measures’ from the mini-Budget.

17 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 14 October 2022

HMRC’s Stakeholder Digest (14 October 2022) provides a round-up of recent news.

17 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Employment Related Securities Bulletin 46

HMRC has published Employment Related Securities (ERS) Bulletin 46.

17 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

CIOT response: Improving the data HMRC collects from its customers

The CIOT has responded to HMRC’s consultation on improving the data HMRC collects from its customers.

12 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

SI 2022/1028 The National Health Service Pension Schemes (Member Contributions etc.) (Amendment) (No. 3) Regulations 2022

These Regulations extend the expiry date of the temporary easements to NHS Pension Regulations. These easements were introduced so as to enable retired and partially retired NHS staff to return to work or increase their working commitments during the Coronavirus pandemic. These Regulations come into force on 31 October 2022.

11 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Chancellor brings fiscal statement forward to 31 October

Writing to the Treasury Committee, the Chancellor has announced his intention to deliver his medium-term fiscal plan on 31 October, rather than 23 November.

10 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 10 October 2022

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

10 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on PAYE for Agents online service

HMRC has updated its ‘PAYE for Agents online service’ guidance to include information on using the Employer Liabilities and Payments service.

10 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Paying taxes in the UK if you work for an employer based in Ukraine

HMRC has published new guidance on paying Income Tax and National Insurance Contributions (NIC) for individuals who arrive in the UK but are still working for an employer in Ukraine.

07 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

New HMRC Guidelines for Compliance pages

HMRC has published several new guidance pages to its “Guidelines for Complianceâ€.

07 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Uncertainty as to timing of Medium-Term Fiscal Plan

The Treasury Committee tweeted that the Chancellor has agreed to bring forward the date of the next fiscal event, originally scheduled to take place on 23 November, to some time in October. However, the Chancellor himself seemed to dispute this, noting in an interview that the Medium-Term Fiscal Plan will take place on 23 November.

04 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Government U turn on repeal of 45% tax rate for highest earners

Chancellor Kwasi Kwarteng announced that the Government is reversing the plan to scrap the 45p income tax on individuals earning more than £150,000 a year.

03 Oct 2022 00:00 | Published by a Tolley Personal Tax expert

Updated HMRC guidance on paying a tax bill

HMRC has updated its guidance on What will happen if you do not pay your tax bill.

03 Oct 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

Pension schemes newsletter 143: September 2022

HMRC has published pension schemes newsletter 143.

03 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 3 October 2022

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

02 Oct 2022 18:30 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 28 September 2022

HMRC’s Stakeholder Digest (28 September 2022) provides a round-up of recent news.

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

Welsh Land Transaction Tax (LTT) update to thresholds and rates

The Wales Finance minister has announced that the LTT nil rate threshold will increase to £225,000 and there will be an increase in some rates from 10 October 2022.

30 Sep 2022 00:00 | Published by a Tolley Personal Tax expert

CC/FS71: Compliance checks: information notices: penalties for facilitating avoidance schemes involving non-resident promoters

HMRC has published a new factsheet CC/FS71 Compliance checks: information notices on penalties for facilitating avoidance schemes involving non-resident promoters.

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

CIOT response: Finance Bill 2022-23 draft legislation

The CIOT has responded to the Finance Bill 2022-23 draft legislation on capital gains tax: transfers of assets between spouses and civil partners in the process of separating; new transfer pricing documentation requirements for UK businesses; and low earners anomaly: pensions relief relating to net pay arrangements.

29 Sep 2022 00:00 | Published by a Tolley Corporation Tax expert

Clients of repayment agent to be refunded directly by HMRC

HMRC has confirmed that a large number of taxpayers who have reclaimed tax payments using the repayment agent Tax Credits Ltd since December 2021 will be due a direct refund from HMRC.

29 Sep 2022 00:00 | Published by a Tolley Corporation Tax expert

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VAT registration ― change of VAT registration details

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Holding companies ― VAT status of activities

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