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

These regulations set the annual rates of Working Tax Credit and Child Tax Credit from 6 April 2024, and the weekly rate of Child Benefit and Guardian’s Allowance from 8 April 2024.

HMRC has updated its guidance on how to register a charity for tax, taxpayer’s obligations, and any reliefs or exemptions available.

These Regulations give effect to the annual re-rating of various National Insurance contributions rates, limits and thresholds from 6 April 2024.

HMRC has updated its recently published lifetime allowance newsletter.

The Scottish Parliament has approved the 2024-25 Scottish Budget.

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

HMRC has published pension schemes newsletter 156.

These Regulations amend SI 2001/1004 to disregard from earnings three compensation schemes in order to exempt them from Class 1 National Insurance Contributions (NICs).

These Regulations provide for exemptions from income tax and capital gains tax (CGT) for payments made under three compensation schemes.

The CIOT has responded to HMRC’s consultation on calculating PAYE liabilities in cases of non-compliance for off-payroll working (IR35)

HMRC’s latest Digest (22 February 2024) provides short updates on various topics, including changes to the R40 repayment claim form, P87 form, changes to reporting income from self-employment and partnership.

These Regulations amend SI 2021/1076 which provide for persons with income from a trade, profession or vocation, or income from a property business, which are chargeable to income tax and exceed a threshold amount to follow the rules for MTD for Income Tax from 6 April 2024.

Royal Assent to the Finance Act was notified in the House of Lords on 22 February 2024

These Regulations amend several statutory instruments in relation to tax credits and child benefit.

HMRC has published Agent Update issue 117 (21 February 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

HMRC has further updated its guidance on the tax treatment of Double Cab Pick Ups.

HMRC has published new guidance on how to work out transition profit for the 2023/24 tax year for taxpayers affected by the new tax year basis (Basis Period Reform).

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

HMRC has published responses to its consultation on simplifying and modernising HMRC's Income Tax services through the tax administration framework.