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HMRC has published agent update: issue 119 (17 April 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The CIOT has advised that, following continued risking of the Pandora Papers data, a further tranche of letters is being issued by HMRC to some wealthy individuals from the week commencing 8 April 2024, and they will include an extended response period of 60 days.

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

The CIOT has submitted views on the UK government’s proposal to abolish the furnished holiday lettings tax regime from April 2025.

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

HMRC has published new guidance on the late-filing and late-payment penalties which will apply for those who sign up to Making Tax Digital for Income Tax Self-Assessment on a voluntary basis.

HMRC has published its latest Stakeholder Digest (3 April 2024).

These Regulations provide directions under the Income and Corporation Taxes (Electronic Communications) Regulations 2003 (

HMRC has launched a technical consultation on draft regulations which set out the proposed tax treatment of the Reserved Investor Fund (RIF).

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

HMRC has published the response to the consultation on draft guidance on the R&D new contracting out rules and overseas restrictions.

The Government has opened a consultation on the 5% increase in Audio-Visual Expenditure Credit and removal of the 80% cap on qualifying expenditure, for visual effects costs.

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

HMRC has published Agent Update issue 118 (20 March 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The National Insurance Contributions (Reduction in Rates) Act 2024 has received Royal Assent.

HMRC has issued two new guidance pages on full expensing and 50% first year allowances for companies.

HMRC has confirmed that proposals to reduce the availability of several taxpayer helplines have been put on hold.

HMRC has published updated guidance to reflect the revised R&D regime for accounting periods beginning on or after 1 April 2024

These Regulations are made to designate areas, known as ‘special tax sites’, as special areas for the purposes of Parts 2 (plant and machinery allowances) and 2A (structures and buildings allowances) of the Capital Allowances Act 2001 and Part 4 (stamp duty land tax) of the Finance Act 2003.

These Regulations are made to designate areas, known as ‘special tax sites’, as special areas for the purposes of Parts 2 (plant and machinery allowances) and 2A (structures and buildings allowances) of the Capital Allowances Act 2001.