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SI 2025/82 The Retained EU Law (Revocation and Reform) Act 2023 (Consequential Amendments) Regulations 2025

These Regulations are made to amend 116 pieces of UK secondary legislation and 130 pieces of assimilated direct EU legislation in relation to retained EU law reform. They amend or revoke various provisions of subordinate legislation and assimilated direct legislation in consequence of certain provisions of the Retained EU Law (Revocation and Reform) Act 2023 (REUL(RR)A 2023). They are made in exercise of legislative powers under the REUL(RR)A 2023 in connection with assimilated law. They came into force on 27 February 2025.

28 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Rates relief to be withdrawn from private schools in Wales

Following consultation, the Welsh Government has confirmed that it will end charitable business rates relief for fee-charging schools. The change will come into effect on 1 April 2025, if it is approved by the Senedd.

28 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Finance Bill 2025 roundup (24 January 2025): latest Government amendments

The Government has published a raft of amendments to be considered by the Public Bill Committee. Most of the changes affect the replacement of remittance basis/domicile Schedules.

27 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 27 January 2025

27 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

27 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/52 The MPs’, Senedd and Assembly Pension Schemes (Tax) Regulations 2025

These Regulations are made to address the tax consequences of changes arising from the rectification exercises carried out by the Parliamentary Contributory Pension Fund (PCPF), the Members of the Senedd Pension Scheme (Senedd Scheme) or an Assembly Members’ Pension Scheme (Northern Ireland)

24 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

Final version of Charter for Budget Responsibility published

The final version of the document as it has been laid in Parliament has been published.

23 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: The Tax Administration Framework Review: New ways to tackle non-compliance

The CIOT has published its response to the HMRC consultation on “The Tax Administration Framework Review: New ways to tackle non-compliance”. The response addresses various proposals aimed at improving tax compliance and administration.

21 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Simplifying the Taxation of Offshore Interest

The CIOT has published its response to the HMRC consultation on “Simplifying the Taxation of Offshore Interest”. The response addresses the complexities and potential solutions for taxing overseas investment income.

21 Jan 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly Roundup HMRC Manuals: 20 January 2025

20 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

20 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

New and updated MTD notices

HMRC has published a new notice on digital record keeping for Making Tax Digital for Income Tax. It has also updated the notice on the information to be submitted with details about the quarterly update information that must be provided by a relevant person with property income and profits from a jointly let property.

20 Jan 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

Agent Update: Issue 127

HMRC has published Issue 127 of the Agent Update with updates and information relevant to tax agents and their clients.

17 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

New HMRC guidance: Help with labour supply chain assurance

HMRC has published GfC12 guidelines ‘Help with labour supply chain assurance’.

17 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Updated guidance: Use Making Tax Digital for Income Tax 2025

The guidance on “Finalise your income tax position” has been updated.

16 Jan 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly Roundup HMRC Manuals: 13 January 2025

13 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

13 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 6 January 2025

6 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

06 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

HM Courts & Tribunals Service updates guideline hourly rates for costs for 2025

HM Courts & Tribunals Service has revised the guideline hourly rates effective from 1 January 2025.

03 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Digital platform reporting

HMRC has published guidance on digital platform reporting. These reporting rules started in the UK from 1 January 2024, with the first reports being due by 31 January 2025.

02 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Overclaimed Research and Development (R&D) tax relief

HMRC has published details of the R&D disclosure service for companies to use to voluntarily disclose overclaimed R&D tax relief.

02 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/1377 The Companies and Limited Liability Partnerships (Protection and Disclosure of Information and Consequential Amendments) Regulations 2024

These Regulations are made to widen the circumstances for protecting individuals' residential addresses on the company register, including former registered office addresses, while ensuring company transparency, and aligning provisions for limited liability partnerships.

24 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC Guidance: Claim for a refund for overpaid PAYE

HMRC has published guidance on how businesses can claim a refund for overpaid PAYE for the current or a previous tax year.

23 Dec 2024 00:00 | Published by a Tolley Corporation Tax expert

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BPR ― trading and investment businesses

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Carried-forward losses restriction

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Indexation allowance and rebasing

Indexation allowance and rebasingThis guidance note explains the general rules surrounding the availability of indexation allowance (which was frozen at December 2017) on the disposal of company assets and provides information on the rebasing rules for assets held on 31 March 1982. For an overview

14 Jul 2020 11:59 | Produced by Tolley in association with Jackie Barker of Wells Associates Read more Read more