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Updated HMRC guidance: Non-resident trusts

HMRC has updated its guidance to provide information on how to get a paper form to report Capital Gains Tax on UK property or land.

06 Mar 2023 00:00 | Published by a Tolley Personal Tax expert

Revenue and Customs Brief 2 (2023): VAT and value shifting consultation update

HMRC has published a new Brief on its conclusions and actions taken following the VAT and value shifting consultation. In addition, VAT Notice 700 (VAT Guide) has also been updated.

03 Mar 2023 00:00 | Published by a Tolley Value Added Tax expert

Preparing for the Economic Crime Levy

HMRC has published a policy paper to help relevant entities understand how the Economic Crime Levy (ECL) will work and how they will be affected.

02 Mar 2023 00:00 | Published by a Tolley Corporation Tax expert

SI 2023/237 The Tax Credits, Child Benefit and Guardian’s Allowance Up-rating Regulations 2023

These Regulations increase the annual rates of Working Tax Credit and Child Tax Credit from 6 April 2023, and the weekly rate of Child Benefit and Guardian’s Allowance from 10 April 2023.

02 Mar 2023 00:00 | Published by a Tolley Employment Tax expert

SI 2023/236 The Social Security (Contributions) (Rates, Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations 2023

These Regulations increase the flat-rate weekly amounts of Class 2 and Class 3 National Insurance contributions from 6 April 2023, and confirm that Class 1 earnings limits and thresholds are unchanged.

02 Mar 2023 00:00 | Published by a Tolley Employment Tax expert

SI 2023/216 The Taxes (Interest Rate) (Amendment) Regulations 2023

This instrument increases the official rate of interest applicable under FA 1989, s 178 from 6 April 2023.

01 Mar 2023 00:00 | Published by a Tolley Employment Tax expert

Updated VAT Notice 701/15: Animals and animal food

HMRC has updated its VAT notice on which live animals and animal foods or feeding stuffs are zero-rated for VAT.

01 Mar 2023 00:00 | Published by a Tolley Value Added Tax expert

CIOT comments: Draft guidance on Research and Development (R&D) tax reliefs

The CIOT has published its comments on the HMRC draft guidance on Research and Development (R&D) tax reliefs.

01 Mar 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on Share schemes

HMRC has updated various guidance notes on Employment related share schemes.

01 Mar 2023 00:00 | Published by a Tolley Employment Tax expert

SI 2023/221 The Income and Corporation Taxes (Electronic Communications) (Amendment) Regulations 2023

This instrument amends regulations which stipulate the information HMRC may deliver to taxpayers electronically.

01 Mar 2023 00:00 | Published by a Tolley Personal Tax expert

Pension schemes newsletter 147: February 2023

HMRC has published pension schemes newsletter 147.

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

Rates and thresholds for employers 2023 to 2024

HMRC has published new guidance detailing the rates and thresholds for employers operating a payroll or providing expenses and benefits to their employees. These rates and allowances apply from 6 April 2023 to 5 April 2024.

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

Self-assessment late-payment penalty reminder

The first late-payment penalty for income tax due by the 31 January 2023 self-assessment deadline will be levied on amounts of tax still outstanding on 3 March.

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

Windsor Framework potential tax impact

On 27 February 2023, details of the Windsor Framework were revealed. The Framework aims to address issues with the application of the Northern Ireland Protocol, including trade friction.

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

Weekly roundup of HMRC manual changes: 27 February 2023

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

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

Tax news roundup: 27 February 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.

27 Feb 2023 00:00 | Published by a

HMRC Stakeholder Digest: 23 February 2023

HMRC’s Stakeholder Digest (23 February 2023) provides a round-up of recent news and updates.

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

Stamp Taxes Newsletter: February 2023

HMRC has released its Stamp Taxes Newsletter for February 2023

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

Weekly roundup of HMRC post-Brexit import, export and customs guidance: 27 February 2023

HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 20 February 2023 to 27 February 2023.

27 Feb 2023 00:00 | Published by a

Exemption for Postmaster compensation payments

Regulations have been laid to exempt certain compensation payments to Postmasters from tax.

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

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Carried-forward losses restriction

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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