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Latest Trusts and Inheritance Tax News

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Home Office publishes guidance on Economic Crime and Corporate Transparency Act

The Home Office has published guidance on the information sharing measures

07 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Changes to the Agent Dedicated Line

The CIOT and ATT have advised that HMRC has published an update on changes to the Agent Dedicated Line (ADL) service from 7 October 2024.

04 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Tax Treaties: Luxembourg

HMRC has updated the tax treaties page for Luxembourg.

04 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

E-filing pilot goes live in the Administrative Court Office

The Courts and Tribunals Judiciary has announced that the E-Filing pilot scheme went live in the Administrative Court Office on 1 October 2024

04 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Direct payment scheme for IHT – extended to investment providers

The direct payment scheme which allows personal representatives to pay IHT from the deceased’s funds has been extended to investment providers.

01 Oct 2024 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

HMRC Stakeholder Digest: 26 September 2024

HMRC has published its latest Stakeholder Digest (26 September 2024)

27 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/976 Retained EU Law (Revocation and Reform) Act 2023 (Commencement No 2 and Saving Provisions) (Revocation) Regulations

The UK Government has halted changes to the interpretation of assimilated caselaw that otherwise were to have taken effect from 1 October 2024.

26 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Agent Update: Issue 123

HMRC has published Agent Update issue 123 (19 September 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

20 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC updated payment details

The payment details used to pay by bank transfer have been updated on various HMRC guidance pages.

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

CIOT letter to the Exchequer Secretary to the Treasury on the Business Tax Roadmap

The Chartered Institute of Taxation (CIOT) have written to the minister regarding the Business Tax Roadmap.

13 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Administrative Court Judicial Review Guide 2024 published

The Courts and Tribunals Judiciary (CTJ) has announced that the Administrative Court Judicial Review Guide 2024 has been published.

13 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

CIOT Budget representation on Repayment interest

The Chartered Institute of Taxation (CIOT) have published a Budget representation on interest and commercial restitution.

13 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/949 Supreme Court Rules 2024

These Rules are made to implement a revised version of the Rules of the UK Supreme Court. The revised version of the Rules provides for a new digital case management portal and makes various smaller changes which reflect technological advancements or remedy issues which have become apparent since the current Rules were adopted. The overriding objective of the Rules remains to secure that the Court is accessible, fair and efficient.

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

Budget Responsibility Act 2024

The Budget Responsibility Act 2024 has received Royal Assent.

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

CJEU overturns decision on Apple tax rulings

The CJEU has confirmed the European Commission’s 2016 decision that Ireland granted unlawful state aid to Apple, setting aside the previous judgment of the General Court.

11 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

ATT responds to policy paper on non-UK domiciled individuals

The Association of Taxation Technicians (ATT) has submitted a response to the government policy paper on changes to the taxation of non-UK domiciled individuals.

10 Sep 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/902 The Infected Blood Compensation Scheme (Tax Exemptions and Relief) Regulations 2024

These Regulations are made to exempt compensation payments made under the Infected Blood Compensation Scheme, from Income Tax and Capital Gains Tax, and relieve payments from Inheritance Tax, with retrospective effect.

06 Sep 2024 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Further ATT Budget representations

The ATT have made Budget representations on IHT relief on shares, mileage allowances, and trivial benefits.

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

HMRC Stakeholder Digest: 29 August 2024

HMRC has published its latest Stakeholder Digest (29 August 2024).

02 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC Privacy Notice

HMRC has updated its Privacy Notice on the examination of business records, Artificial Intelligence (AI) and automated decision-making.

30 Aug 2024 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Allowable deductions for employee-related expenses

Allowable deductions for employee-related expensesThis guidance note covers the tax treatment of some common types of trading expenditure relating to employees. Some of these are disallowable under general principles, for example the wholly and exclusively test or capital versus revenue expenditure.

14 Sep 2022 09:49 | Produced by Tolley Read more Read more

Winding up a trust ― legal, administrative and compliance issues

Winding up a trust ― legal, administrative and compliance issuesOverviewWhen winding up a trust, there are legal formalities and compliance issues that need to be dealt with, as well as IHT and CGT consequences that flow from the termination. This guidance note considers when and how a trust comes

14 Jul 2020 14:01 | Produced by Tolley Read more Read more

UK VAT invoice requirements

UK VAT invoice requirementsThis guidance note provides details of the information that must be shown on a valid tax invoice. Businesses supplying goods and services that are liable to the standard or reduced rate of VAT are required to issue a tax invoice to another VAT registered person.If the

14 Jul 2020 13:46 | Produced by Tolley Read more Read more