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CIOT response: the Tax Administration Framework review: creating innovative change through new legislative pilots

The CIOT has responded to HMRC’s consultation on ‘The Tax Administration Framework Review: Creating innovative change through new legislative pilots’ which considers an option to test new policies or processes by making them available in a temporary online environment to a discrete group of taxpayers.

18 Jul 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

OECD invites public comments on technical aspects of Amount B under Pillar One

The OECD invites public input on Amount B under Pillar One relating to the simplification of transfer pricing rules.

18 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 17 July 2023

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.

17 Jul 2023 00:00 | Published by a

Weekly Roundup HMRC Manuals: 17 July 2023

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

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

Weekly roundup of HMRC import, export and customs guidance: 17 July 2023

Details of updates to HMRC import, export and customs guidance for the period from 10 July 2023 to 17 July 2023.

17 Jul 2023 00:00 | Published by a

South Yorkshire named as first UK Investment Zone

South Yorkshire has been named as the UK’s first Investment Zone focused on Advanced manufacturing.

17 Jul 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Updated guidance on how VAT affects charities (VAT Notice 701/1)

HMRC has updated VAT Notice 701/1 to add a new section on validity of the certificates issued to get certain construction works at zero rate and to update information in relation to the stage 2 test.

14 Jul 2023 00:00 | Published by a Tolley Value Added Tax expert

Downloadable paper CGT property return trial extended

The CIOT has published HMRC’s announcement that the downloadable paper CGT property return trial has been extended until the end of September 2023.

14 Jul 2023 00:00 | Published by a Tolley Personal Tax expert

SI 2023 /772 The Post Office Horizon Shortfall Scheme Top-Up Payments (Tax Exemptions) Regulations 2023 and SI 2023/773 The Social Security (Contributions) (Amendment No. 5) Regulations 2023

These Regulations exempt certain top-up payments made under the Post Office Limited’s Horizon Shortfall Scheme (HSS) from income tax, capital gains tax and Class 1 NICs.

11 Jul 2023 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 10 July 2023

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

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

Finance (No 2) Act 2023: Royal Assent expected on 11 July 2023

Finance (No 2) Act 2023

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

HMRC Stakeholder Digest - 7 July 2023

HMRC’s Stakeholder Digest (7 July 2023) provides a round-up of recent news and updates.

10 Jul 2023 00:00 | Published by a Tolley Personal Tax expert

Tax news roundup: 10 July 2023

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.

10 Jul 2023 00:00 | Published by a

Online State Aid service

HMRC has published guidance on its online reporting service for state aid.

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

SI 2023/752 The Taxes (Base Erosion and Profit Shifting) (Country-by-Country Reporting) (Amendment) Regulations 2023

These Regulations amend the Principal Regulations, SI 2016/237 Taxes (Base Erosion and Profit Shifting) (Country-by-Country Reporting) Regulations 2016.

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

SI 2023/751 The Social Security (Contributions) (Amendment No. 4) Regulations 2023

These regulations extend the deadline for paying voluntary National Insurance Contributions (NICs) for tax years between 6 April 2006 and 5 April 2018 to 5 April 2025.

06 Jul 2023 00:00 | Published by a Tolley Employment Tax expert

SI 2023/748 The International Organisations (Tax Exemptions Designation) (Amendment) Order 2023

This Order amends article 2(1) of the International Organisations (Tax Exemptions Designation) Order, SI 2023/348 (“the principal Orderâ€).

04 Jul 2023 18:30 | Published by a Tolley Owner-Managed Businesses expert

CIOT response: Progress with Making Tax Digital

The CIOT has responded to the House of Commons Public Accounts Committee (PAC) inquiry into Progress with Making Tax Digital.

04 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Notice in accordance with paragraph 8(2) of Schedule 9ZD VATA 1994

HMRC has published a notice setting out how to notify them of any changes to the information supplied on an application for registration for the One Stop Shop (OSS) Scheme.

04 Jul 2023 00:00 | Published by a Tolley Value Added Tax expert

New HMRC guidance on submitting an Economic Crime Levy return

HMRC has published a new guidance page on how to submit a return for the Economic Crime Levy.

04 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Class 4 national insurance contributions

Class 4 national insurance contributionsWhat is Class 4 NIC?Class 2 and Class 4 national insurance contributions (NIC) are paid by self-employed individuals and partners in a partnership on their profits arising within the UK. This guidance note considers Class 4 contributions. For Class 2

14 Jul 2020 11:13 | Produced by Tolley Read more Read more

Qualifying charitable donations

Qualifying charitable donationsCompanies can obtain corporation tax relief for qualifying payments or certain transfers of assets to charity under the qualifying charitable donations regime. Definition of qualifying charitable donationThe definition of ‘qualifying charitable donations’

14 Jul 2020 13:03 | Produced by Tolley Read more Read more

Gilts

Gilts‘Gilts’ are securities that are also known by a number of different names (eg gilt-edged securities, Government securities or treasury stock).The Government sells gilts to fund the deficit between public spending and tax receipts. Normally, the Government pays interest to the holder of the gilt

14 Jul 2020 11:48 | Produced by Tolley Read more Read more