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Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024

The Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 has received Royal Assent.

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

Weekly Roundup HMRC Manuals: 18 November 2024

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

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

Romania: tax treaties

The 2024 UK-Romania Double Taxation Agreement has been published by HMRC.

14 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/1153 Penalties for Failure to Pay Tax (Schedule 26 to the Finance Act 2021) (Assessments) Regulations

These Regulations correct an anomaly in the original Making Tax Digital penalties legislation, to make sure that HMRC can assess the second late-payment penalty before the tax due has been paid in full.

14 Nov 2024 00:00 | Published by a Tolley Owner-Managed Businesses expert

Finance Bill 2025 published

Published on 7 November 2024, Finance Bill 2025 includes many of the Autumn Budget announcements, with a revised version of the legislation to replace the tax treatment of resident but non-UK domiciled individuals.

14 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/1145 The Value Added Tax (Refund of Tax to the East Midlands Combined County Authority) Order 2024

This instrument enables the East Midlands Combined County Authority to claim a refund of VAT incurred on goods and services purchased for its non-business activities.

13 Nov 2024 00:00 | Published by a Tolley Value Added Tax expert

SI 2024/1144 The Value Added Tax (Refund of Tax to the Health Services Safety Investigations Body) Order 2024

This instrument enables the Health Services Safety Investigations Body (HSSIB) to recover VAT incurred in cost-sharing arrangements.

13 Nov 2024 00:00 | Published by a Tolley Value Added Tax expert

Updated HMRC guidance: Receive Income Tax or PAYE repayments on behalf of others

HMRC has updated its guidance on receiving income tax or PAYE repayments on behalf of others.

04 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

New HMRC guidance on sending VAT Returns when exempt from Making Tax Digital for VAT

HMRC has published new guidance on how to send VAT Returns when exempt from Making Tax Digital for VAT.

31 Oct 2024 00:00 | Published by a Tolley Value Added Tax expert

New HMRC guidance on applying for statutory clearance

HMRC has published new guidance on applying for statutory clearance.

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

Autumn Budget 2024: summary of key tax announcements

The Chancellor’s Budget on 30 October 2024 will increase employer NICs, raise the main rates of CGT, initiate reform of the tax treatment of carried interest, and confirmed the replacement of the remittance basis regime and removal of the VAT exemption for private school fees. Some of the smaller announcements were of equal interest, including extending mandation of Making Tax Digital for Income Tax and increasing the HMRC late-payment interest rate.

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

CIOT response: Tribunal Procedure Committee – Written Reasons Consultation

The CIOT has published its response to the Tribunal Procedure Committee consultation on possible changes to the procedure rules concerning the provision of written reasons for decisions and other case management measures.

28 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Agent Update: issue 124

HMRC has published issue 124 of Agent Update.

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

SI 2024/1026 The Budget Responsibility Act 2024 (Commencement) Regulations 2024

These regulations bring section 1 of the Budget Responsibility Act into force.

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

Home Office publishes guidance on Economic Crime and Corporate Transparency Act

The Home Office has published guidance on the information sharing measures

07 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Changes to the Agent Dedicated Line

The CIOT and ATT have advised that HMRC has published an update on changes to the Agent Dedicated Line (ADL) service from 7 October 2024.

04 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Tax Treaties: Luxembourg

HMRC has updated the tax treaties page for Luxembourg.

04 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

E-filing pilot goes live in the Administrative Court Office

The Courts and Tribunals Judiciary has announced that the E-Filing pilot scheme went live in the Administrative Court Office on 1 October 2024

04 Oct 2024 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on claiming a VAT refund as an organisation not registered for VAT

The form VAT126 has been updated so it can now be completed digitally for first claims.

30 Sep 2024 00:00 | Published by a Tolley Value Added Tax expert

HMRC Stakeholder Digest: 26 September 2024

HMRC has published its latest Stakeholder Digest (26 September 2024)

27 Sep 2024 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Foreign tax relief

Foreign tax reliefIncome and gains may be taxable in more than one country. The UK has three ways of ensuring that the individual does not bear a double burden:1)treaty tax relief may reduce or eliminate the double tax2)if there is no treaty, the individual can claim ‘unilateral’ relief by deducting

14 Jul 2020 11:44 | Produced by Tolley Read more Read more

Research and development (R&D) relief ― overview

Research and development (R&D) relief ― overviewThis guidance note provides an overview of the research and development (R&D) tax reliefs for companies.See the Research and development tax relief summary diagram which summarises the R&D tax relief.See also Simon’s Taxes D1.401.For a factsheet which

14 Jul 2020 12:22 | Produced by Tolley in association with Will Sweeney Read more Read more

Income tax paid on behalf of employee

Income tax paid on behalf of employeeIntroductionEmployers may wish to make payments of employment income to an employee / director without the employee suffering a tax or NIC cost on that pay. In other words, the employer wants to pay an amount net of tax and NIC. In some instances, often with

14 Jul 2020 11:58 | Produced by Tolley in association with Paul Tew Read more Read more