ÀÏ˾»úÎçÒ¹¸£Àû

Tax News

Weekly roundup of HMRC post-Brexit import, export and customs guidance: 16 August 2021

Published on: 16 August 2021
Published by a

Specialist Tax Regulatory Materials

news-detailpage-img

Article summary

HMRC has updated its import, export and customs guidance to reflect the post Brexit regime. The update covers the period from 9 August 2021 to 16 August 2021.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Popular Articles

Wholly and exclusively

Wholly and exclusivelyFor both income tax and corporation tax purposes, one of the fundamental conditions that must be satisfied for an item of expenditure to be deductible, is that it must incurred ‘wholly and exclusively’ for the purposes of the trade, profession or vocation. References to CTA

14 Jul 2020 14:00 | Produced by Tolley Read more Read more

Ministers of religion

Ministers of religionMost ministers of religion or members of the clergy are either office-holders or employees and so their earnings are taxable under ITEPA 2003 as employment income and are subject to Class 1 National Insurance.For the purposes of the tax system, a minister does not have to belong

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

Maintenance payments

Maintenance paymentsMaintenance payments are payments made by a taxpayer to their former or separated spouse / civil partner for the maintenance of that person or their children. To obtain any tax relief for maintenance payments, one of the couple must have been born before 5 April 1935 and the

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