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New HMRC guidance on furnished holiday lettings tax regime abolition

HMRC has published new guidance on the furnished holiday lettings tax regime abolition.

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

Change to updated HMRC guidance on basis period reform

HMRC has updated its guidance for partnerships on using the calculator to work out transition profit.

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

Updated HMRC guidance on basis period reform

HMRC has updated its guidance on working out basis period reform transition profit

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

HMRC Pension scheme newsletter 164: October 2024

HMRC has published its latest Pension scheme newsletter (October 2024).

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

Weekly Roundup HMRC Manuals: 4 November 2024

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

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

Weekly Roundup HMRC Manuals: 28 October 2024

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

28 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

Pensions schemes newsletter 163—October 2024

HMRC has published Pensions schemes newsletter 163 for October 2024.

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

New HMRC guidance for taxpayers on rental income

HMRC has published new guidance for taxpayers on how to check if they need to tell HMRC about rental income, including a tool.

25 Oct 2024 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly Roundup HMRC Manuals: 21 October 2024

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

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

SI 2024/1048 The Social Security (Scotland) Act 2018 (Disability Assistance) (Consequential Modifications) Order 2024

These regulations make consequential amendments to legislation in Great Britain and Northern Ireland to reflect the introduction of Pension Age Disability Payment (PADP) which will replace Attendance Allowance (AA) in Scotland.

21 Oct 2024 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

HMRC issue briefing: Evidence required to claim PAYE (P87) employment expenses

HMRC has updated its recent briefing that sets out the new process for claiming PAYE employment expenses that came into effect on 14 October 2024.

17 Oct 2024 00:00 | Published by a Tolley Employment Tax expert

Making tax digital for income tax: new interactive tool

HMRC have launched a new interactive Making Tax Digital for income tax (MTD ITSA) tool.

17 Oct 2024 00:00 | Published by a Tolley Personal 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

Updated ISA and CTF regulations

The Individual Savings Account (Amendment) (No 2) Regulations 2024 (SI 2024/1022) and the Child Trust Funds (Amendment) (No 2) Regulations 2024 (SI 2024/1023) allow fractional interests in an ISA and CTF.

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

Weekly Roundup HMRC Manuals: 14 October 2024

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

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

Popular Articles

Allowable expenses for property businesses

Allowable expenses for property businessesGeneral itemsMany of the principles applying to allowable expenses for property businesses are similar to those that apply for trading and the rules for individuals in a property business are generally the same as for companies with some exceptions which are

14 Jul 2020 13:26 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax, part of AMS Group Read more Read more

Tax on UK resident beneficiaries of non-resident trusts ― overview

Tax on UK resident beneficiaries of non-resident trusts ― overviewIntroductionUK resident beneficiaries of non-resident trusts are subject to UK tax on payments or benefits received from the trust. They are liable for income tax on income distributions from the trust and they may also be liable to

14 Jul 2020 13:47 | Produced by Tolley Read more Read more

Enterprise management incentive schemes

Enterprise management incentive schemesWhat is an enterprise management incentive (EMI) scheme?The enterprise management incentive (EMI) scheme is a tax-advantaged share option employee incentive scheme aimed at small entrepreneurial companies that meet certain conditions. It is designed to assist

14 Jul 2020 11:36 | Produced by Tolley Read more Read more