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New HMRC guidance: Help with labour supply chain assurance

HMRC has published GfC12 guidelines ‘Help with labour supply chain assurance’.

17 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

OECD global minimum tax update: Release of compilation of qualified legislation and information filing and exchange tools

The Inclusive Framework on Base Erosion and Profit Shifting (BEPS) has released a compilation of qualified domestic rules and tools to streamline the administration of the global minimum tax.

16 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Updated guidance: Use Making Tax Digital for Income Tax 2025

The guidance on “Finalise your income tax position” has been updated.

16 Jan 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

Pillar One Update from the Co-Chairs of the Inclusive Framework on BEPS

The Co-Chairs of the Inclusive Framework on BEPS have provided an update on the progress of Pillar One of the Two-Pillar Solution to address tax challenges arising from the digitalisation of the economy.

15 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/26 The Free Zone (Customs Site No. 1 Forth) Designation Order 2025

SI 2025/26: This Order is made to designate the Customs Site No 1 Forth as a special area for customs purposes (a ‘free zone’) and appoints Forth Ports Limited as the responsible authority for the free zone designated by this Order pursuant to the Treasury’s powers under section 100A of the Customs and Excise Management Act 1979 (CEMA 1979). It has effect for a period of 10 years beginning with 14 January 2025.

14 Jan 2025 00:00 | Published by a

Weekly Roundup HMRC Manuals: 13 January 2025

13 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

13 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 13 January 2025

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

13 Jan 2025 00:00 | Published by a

Weekly roundup of HMRC import, export and customs guidance: 13 January 2025

Details of updates to HMRC import, export and customs guidance for the period from 7 to 13 January 2025.

13 Jan 2025 00:00 | Published by a

SI 2025/17 Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2025

SI 2025/17: This Order is made to amend the Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001, SI 2001/1062 to insert a new paragraph 22 into the Schedule, which clarifies that arrangements for qualifying cryptoasset staking do not amount to a collective investment scheme. It comes into force on 31 January 2025.

10 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC Guidance: Making Tax Digital for Income Tax

HMRC has updated its guidance on Making Tax Digital for Income Tax. This update provides information on how to manage changes in income sources and other related adjustments.

10 Jan 2025 00:00 | Published by a Tolley Personal Tax expert

SI 2025/20 The Customs (Safety and Security Procedures) Regulations 2025

SI 2025/20: Amendments are made to the legislation that deals with customs procedures relating to safety and security declarations. They amend two pieces of UK secondary legislation and two pieces of assimilated direct legislation in relation to customs. They are made in exercise of legislative powers under the Customs and Excise Management Act 1979 in connection with assimilated law. They come into force on 30 January 2025.

10 Jan 2025 00:00 | Published by a Tolley Value Added Tax expert

CIOT comments on HMRC interest charges

The CIOT is calling on the Government to address unfair tax rules as interest rates on late payments rise.

09 Jan 2025 00:00 | Published by a Tolley Value Added Tax expert

CIOT Finance Bill Technical submission on the non-domicile and remittance basis changes

The CIOT has submitted a response to the draft legislation concerning the changes for the non-domicile and remittance regime. It has also issued a briefing on the National Insurance Contributions (Secondary Class 1 Contributions) Bill 2024.

07 Jan 2025 00:00 | Published by a Tolley Employment Tax expert

Tax news roundup: 6 January 2025

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

06 Jan 2025 00:00 | Published by a

Weekly Roundup HMRC Manuals: 6 January 2025

6 January 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

06 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC import, export and customs guidance: 6 January 2025

Details of updates to HMRC import, export and customs guidance for the period from 17 December 2024 to 6 January 2025.

06 Jan 2025 00:00 | Published by a

HM Courts & Tribunals Service updates guideline hourly rates for costs for 2025

HM Courts & Tribunals Service has revised the guideline hourly rates effective from 1 January 2025.

03 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Digital platform reporting

HMRC has published guidance on digital platform reporting. These reporting rules started in the UK from 1 January 2024, with the first reports being due by 31 January 2025.

02 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

Overclaimed Research and Development (R&D) tax relief

HMRC has published details of the R&D disclosure service for companies to use to voluntarily disclose overclaimed R&D tax relief.

02 Jan 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/1377 The Companies and Limited Liability Partnerships (Protection and Disclosure of Information and Consequential Amendments) Regulations 2024

These Regulations are made to widen the circumstances for protecting individuals' residential addresses on the company register, including former registered office addresses, while ensuring company transparency, and aligning provisions for limited liability partnerships.

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

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Losses on shares set against income

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Classes of NIC and who pays them

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