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Agent Update: issue 100

HMRC has published Agent Update issue 100 (September 2022) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

22 Sep 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC updates Employer Bulletin: August 2022

HMRC has updated its Employer Bulletin with a revised start date of the variable payment plan service.

21 Sep 2022 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 20 September 2022

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

20 Sep 2022 00:00 | Published by a Tolley Corporation Tax expert

CIOT response to Scottish Government block grant adjustments for tax and welfare devolution

The Chartered Institute of Taxation (CIOT) and Low Incomes Tax Reform Group (LITRG) have responded to the call for evidence on Scottish Government block grant adjustments for tax and welfare devolution. In addition, the closing deadline for responses has been extended to 26 September.

16 Sep 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

CIOT response to the consultation on protecting customers claiming tax repayments

The CIOT has responded to the HMRC consultation on raising standards in tax advice: protecting customers claiming tax repayments.

15 Sep 2022 00:00 | Published by a Tolley Corporation Tax expert

Government clarification on approved mileage allowance payments

ICAEW’s Tax Faculty has published the corrected statement made by the government on the amount that employers can reimburse free of income tax and national insurance contributions (NIC) in relation to business mileage for the use of the employee’s own car.

14 Sep 2022 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 12 September 2022

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

12 Sep 2022 00:00 | Published by a Tolley Corporation Tax expert

New HMRC guidance: Requirement to correct

HMRC has published additional guidance on the requirement to correct offshore tax non-compliance. The additional guidance supplements the original guidance published in November 2017.

08 Sep 2022 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

New HMRC tax agent and adviser guidance pages

HMRC has published several guidance pages relating to HMRC online services for agents.

08 Sep 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 1 September 2022

HMRC’s Stakeholder Digest (1 September 2022) provides a round-up of recent news.

05 Sep 2022 00:00 | Published by a Tolley Personal Tax expert

CIOT response on taxation of Decentralised Finance involving the lending and staking of cryptoassets

The CIOT has responded to the HMRC call for evidence on the taxation of decentralised finance involving the lending and staking of cryptoassets.

01 Sep 2022 00:00 | Published by a Tolley Corporation Tax expert

Pension schemes newsletter 142: August 2022

HMRC has published pension schemes newsletter 142.

31 Aug 2022 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 30 August 2022

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

30 Aug 2022 00:00 | Published by a Tolley Personal Tax expert

Updated HMRC guidance on making tax digital for income tax

HMRC has updated its Making Tax Digital (MTD) for income tax guidance pages to add information for taxpayers in relation to meeting the MTD for Income Tax requirements by 6 April 2024.

26 Aug 2022 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly roundup of HMRC manual changes: 22 August 2022

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

22 Aug 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 17 August 2022

HMRC’s Stakeholder Digest (17 August 2022) provides a round-up of recent news including various reminders for 2021–22.

19 Aug 2022 00:00 | Published by a Tolley Personal Tax expert

Agent Update: issue 99

HMRC has published Agent Update issue 99 (August 2022) providing a round-up of recent developments for tax agents and advisers.

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

Weekly roundup of HMRC manual changes: 16 August 2022

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

15 Aug 2022 18:30 | Published by a Tolley Corporation Tax expert

ICAEW’s comments on HMRC’s electric cars guidance

ICAEW’s tax faculty has highlighted that HMRC’s guidance and tools for the tax treatment of the reimbursement of electricity costs for charging company-provided wholly electric cars conflicts with the law.

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

Employer Bulletin: August 2022

HMRC’s latest Employer Bulletin highlights the improved digital Form

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

Popular Articles

Group relief for carried-forward losses

Group relief for carried-forward lossesThis guidance note examines in detail the relief available to groups for carried-forward losses. The scope excludes the treatment of specialist businesses such as banks, insurance companies and oil and gas companies.From 1 April 2017, companies can surrender

14 Jul 2020 11:50 | Produced by Tolley Read more Read more

Taxation of loan relationships

Taxation of loan relationshipsThe vast majority of companies will have loan relationships and so will need to consider how they are taxed under the loan relationship rules. There are also specific provisions dealing with relevant non-lending relationships and other deemed loan relationships.

14 Jul 2020 13:48 | Produced by Tolley Read more Read more

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