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HMRC campaign on offshore corporates owning UK property

HMRC has informed the CIOT that it is launching a new campaign in November 2022 to tackle non-compliance linked to offshore corporates owning UK property.

28 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Health and Social Care Levy (Repeal) Act 2022 receives Royal Assent

The Act received Royal Assent on 25 October 2022.

26 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Chancellor pushes back the fiscal statement to 17 November 2022

The Chancellor has announced that the economic statement which was due on 31 October 2022 will now take place on 17 November 2022.

26 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 25 October 2022

25 October 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

25 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Prime Minister Sunak takes office

Rishi Sunak has taken office as the UK’s next Prime Minister following Liz Truss’s resignation.

25 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Consultation: Change to HMRC statistics publications

HMRC is consulting on changes to its current suite of statistical publications. The consultation will run until the 16 January 2023.

24 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC guidance on what to do if a tax agent’s business is changing

HMRC has published new guidance on what tax agents need to tell HMRC if their business is changing in some way.

19 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

SI 2022/1044 The Pension Schemes Act 2021 (Commencement No. 7 and Transitory Provision) Regulations 2022

These Regulations bring into force provisions of the Pension Schemes Act 2021. These are the seventh commencement regulations to be made under the Act.

18 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Agent Update: Issue 101

HMRC has published Agent Update issue 101 (October 2022) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

18 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 17 October 2022

17 October 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

18 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

New Chancellor announces reversal of mini-Budget tax measures

Chancellor Jeremy Hunt has announced a reset of government fiscal policy, reversing ‘almost all the tax measures’ from the mini-Budget.

17 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 14 October 2022

HMRC’s Stakeholder Digest (14 October 2022) provides a round-up of recent news.

17 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Employment Related Securities Bulletin 46

HMRC has published Employment Related Securities (ERS) Bulletin 46.

17 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

CIOT response: Improving the data HMRC collects from its customers

The CIOT has responded to HMRC’s consultation on improving the data HMRC collects from its customers.

12 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

SI 2022/1028 The National Health Service Pension Schemes (Member Contributions etc.) (Amendment) (No. 3) Regulations 2022

These Regulations extend the expiry date of the temporary easements to NHS Pension Regulations. These easements were introduced so as to enable retired and partially retired NHS staff to return to work or increase their working commitments during the Coronavirus pandemic. These Regulations come into force on 31 October 2022.

11 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Chancellor brings fiscal statement forward to 31 October

Writing to the Treasury Committee, the Chancellor has announced his intention to deliver his medium-term fiscal plan on 31 October, rather than 23 November.

10 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 10 October 2022

10 October 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

10 Oct 2022 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on PAYE for Agents online service

HMRC has updated its ‘PAYE for Agents online service’ guidance to include information on using the Employer Liabilities and Payments service.

10 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Paying taxes in the UK if you work for an employer based in Ukraine

HMRC has published new guidance on paying Income Tax and National Insurance Contributions (NIC) for individuals who arrive in the UK but are still working for an employer in Ukraine.

07 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

New HMRC Guidelines for Compliance pages

HMRC has published several new guidance pages to its “Guidelines for Complianceâ€.

07 Oct 2022 00:00 | Published by a Tolley Employment Tax expert

Popular Articles

Long service awards

Long service awardsEmployee recognition by an employer can be an important motivational tool, as well as having a positive effect on retention. Most employer awards made to an employee are treated as taxable earnings under ITEPA 2003, s 62 or as a benefit under ITEPA 2003, s 201 because they are

14 Jul 2020 12:11 | Produced by Tolley Read more Read more

Parking provision and expenses

Parking provision and expensesCar parking facilities at or near to the employee’s workplaceThere is an exemption from tax and NIC where an employer provides parking, or pays for or reimburses an employee for the costs associated with car parking at or near the place of work; there are no reporting

14 Jul 2020 11:09 | Produced by Tolley Read more Read more

Capital allowances on cars

Capital allowances on carsSummary of capital allowances on carsThe current capital allowance rates applicable to cars are as follows:Pool typeDescription of carRateLegislationMain rate poolNew and unused cars with CO2 emissions of 50g/km and below 18%CAA 2001, s 104AASecondhand cars with CO2

14 Jul 2020 11:08 | Produced by Tolley Read more Read more