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SI 2024/329 The Paternity Leave (Amendment) Regulations 2024

These Regulations amend the various paternity and adoption leave regulations to make changes to the way in which the statutory entitlement to paternity leave is exercised. They are part of a package of legislative changes to statutory rights to paternity leave and pay.

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

SI 2024/287 The Income Tax (Exemption of Social Security Benefits) Regulations 2024

These Regulations amend the ITEPA 2003, Ch 5, Pt 10 to disregard from earnings two new social security benefit payments in order to exempt them income tax.

07 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

Consultation outcome: Business rates avoidance and evasion

HMRC has published responses to its consultation on business rates avoidance and evasion.

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

SI 2024/264 The Maternity Leave, Adoption Leave and Shared Parental Leave (Amendment) Regulations 2024

The Regulations amend the various maternity, paternity and adoption leave regulations to extend an existing statutory protection from redundancy that currently applies to those employees who are on maternity, adoption or shared parental leave (relevant leave).

07 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

Policy paper: Investment Zones update

The government has published further details of six Investment Zones: Greater Manchester, Liverpool City Region, North East of England, South Yorkshire, and West Midlands and Tees Valley.

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

SI 2024/242 The Social Security Benefits Up-rating Order 2024

The Order fulfils the statutory duty of the Secretary of State to review the rates of social security benefits and provides for the up-rating of certain benefits.

07 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

Lifetime allowance guidance newsletter — March 2024

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

07 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/289 The Social Security (Contributions) (Amendment No. 2) Regulations 2024

These Regulations amend SI 2001/1004 to disregard from earnings two new social security benefit payments in order to exempt them from Class 1 National Insurance Contributions (NICs).

07 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

HMT clarifies scope of OWR following upcoming reforms to the taxation of non-UK domiciled individuals

HM Treasury (HMT) has updated its technical note that describes the changes to the taxation of non-UK domiciled individuals applying from 6 April 2025 as announced in the Spring Budget 2024. The Overseas Workday Relief (OWR) section has been updated to clarify that employees who are eligible for OWR in 2023/24 or 2024/25 for their first year since returning to the UK should still be able to claim OWR for the full three years.

07 Mar 2024 00:00 | Published by a Tolley Personal Tax expert

Updated guidance on the higher rate stamp tax charges on securities and the growth market exemption

HMRC has made several additions and updates to its Stamp Taxes on Shares Manual (STSM) to deal with the changes to the 1.5% SDRT and stamp duty charges and growth market exemption (introduced by sections 19 and 20 of, and

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

Spring Budget 2024: key tax announcements

The 6 March 2024 Spring Budget announced a further 2 percentage point cut in NICs for employees and the self-employed, although the income tax thresholds remain frozen. The government is also consulting on potential regulation of the tax advice market.

06 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Consultation response: Draft regulations on Electronic Sales Suppression

HMRC has published the outcome of the consultation on draft regulations for Electronic Sales Suppression (ESS).

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

SI 2024/286 The Finance Act 2024, Schedule 1 (Research and Development) (Appointed Day) Regulations 2024

These Regulations appoint 1 April 2024 for the purposes of commencing the amendments to the Corporation Tax Act 2009 made by Finance Act 2024, Sch 1 except those which relate to assignments and nominations and ancillary provisions for orders and regulations.

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

Notice in accordance with Schedule 9ZE to the Value Added Tax Act 1994

HMRC has published a notice setting out information on what businesses need to do if they have opted to register for the Import One Stop Shop (IOSS) Scheme.

05 Mar 2024 00:00 | Published by a Tolley Value Added Tax expert

SI 2024/266 The Carer's Leave (Consequential Amendments to Subordinate Legislation) Regulations 2024

These Regulations amend secondary legislation in consequence of the Carer's Leave Act 2023, which makes provision for entitlement to carer’s leave.

05 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/269 The Economic Crime and Corporate Transparency Act 2023 (Commencement No. 2 and Transitional Provision) Regulations 2024

These Regulations are the second commencement regulations made under the Economic Crime and Corporate Transparency Act 2023.

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

CIOT response: Draft guidance - R&D tax reliefs: new contracting out rules and overseas restrictions

The CIOT has responded to HMRC’s technical consultation on draft guidance for two aspects of the Research and Development (R&D) tax reliefs due to be implemented on 1 April 2024.

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

Weekly Roundup HMRC Manuals: 4 March 2024

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

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

Tax news roundup: 4 March 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

04 Mar 2024 00:00 | Published by a

Weekly roundup of HMRC import, export and customs guidance: 4 March 2024

Details of updates to HMRC import, export and customs guidance for the period from 26 February to 4 March 2024

04 Mar 2024 00:00 | Published by a

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