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Weekly Roundup HMRC Manuals: 12 August 2024

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

12 Aug 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC cuts late-payment and repayment interest rates

HMRC is reducing the late-payment interest rate to 7.5% and the repayment rate to 4% from 20 August 2024 for most taxes and payments. Interest on quarterly instalment payments of corporation tax will also be reduced from 12 August.

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

Weekly Roundup HMRC Manuals: 5 August 2024

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

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

Reporting rules for digital platforms

HMRC has published new guidance on the reporting rules for operators of digital platforms.

02 Aug 2024 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on Making Tax Digital for Income Tax

HMRC has updated its MTD for income tax guidance to confirm how it will assess qualifying income for a tax year and qualifying income from jointly owned property.

01 Aug 2024 00:00 | Published by a Tolley Owner-Managed Businesses expert

Updated HMRC guidance on large business tax strategy

HMRC has updated its guidance on publishing a large business tax strategy, what it should include and when to publish it.

31 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Draft Finance Bill legislation published

HMRC has published draft Finance Bill legislation on furnished holiday lettings, Pillar 2 and VAT for private schools.

30 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

The Horizon Convictions Redress Scheme and Horizon Shortfall Scheme Fixed Sum Award (Tax Exemptions and Relief) and Social Security amendment Regulations 2024

Two sets of regulations have been issued to exempt certain compensation payments made to postmasters affected by the Horizon scandal from income tax, capital gains tax, corporation tax and Class 1 NICs, and to provide relief from inheritance tax.

29 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 29 July 2024

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

29 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on Making Tax Digital for Income Tax

HMRC has updated its guidance on using the online service for agents to sign up a client voluntarily for Making Tax Digital for Income Tax.

29 Jul 2024 00:00 | Published by a Tolley Owner-Managed Businesses expert

Autumn Budget date announced

The Autumn Budget will be on 30 October 2024. The Government has also published some tax documents.

29 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

ATT discuss priorities for the tax system with the Exchequer Secretary to the Treasury

The Association of Taxation Technicians (ATT) has met with James Murray MP, the Exchequer Secretary to the Treasury, to discuss priorities for reforms to the tax system and how it can support economic growth.

25 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

New guidance on the publication of decisions in the Upper Tribunal (Tax and Chancery Chamber)

New guidance has been issued as to when substantive, interlocutory and permission to appeal decisions of the Upper Tribunal (Tax and Chancery Chamber) will and will not be published.

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

Weekly Roundup HMRC Manuals: 22 July 2024

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

22 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Budget Responsibility Bill published

The UK government has published a new Bill designed to ensure that announcements of ‘fiscally significant measures’ are subject to an independent assessment from the OBR.

19 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Agent update: Issue 121

HMRC has published Agent Update issue 121 (17 July 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

18 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

King’s Speech 2024: highlights

Opening the 2024–25 Parliamentary session on 17 July 2024, the King’s Speech set out the UK Government's legislative priorities.

17 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

CIOT letter to the new Exchequer Secretary to the Treasury

The CIOT has written to the new Exchequer Secretary to the Treasury, James Murray MP, regarding tax issues for the new government.

17 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 15 July 2024

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

15 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 8 July 2024

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

08 Jul 2024 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Taxation of dividend income

Taxation of dividend incomeIntroductionA dividend is a distribution of profit by a company to its shareholders.A dividend is not only a payment in cash. It can be the issue of new shares in exchange for forfeiting the right to a cash payment (a stock dividend). For more detail, see the Cash

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Short-term business visitors (STBVs)

Short-term business visitors (STBVs)What is a short-term business visitor?An STBV for UK tax purposes is an individual who performs duties for a non-UK employer and as a part of those duties has been asked to spend a short period working in the UK. There is a common misconception that there is

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Non-business expenses

Non-business expensesIntroductionIn order for an expense to be tax deductible it must be incurred because of an employee’s employment. Any non-business related expense is, therefore, not relievable except in some very particular circumstances.This guidance note deals with three separate issues. The

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