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These Regulations are made to exempt compensation payments made under the Infected Blood Compensation Scheme, from Income Tax and Capital Gains Tax, and relieve payments from Inheritance Tax, with retrospective effect.

The ATT have made Budget representations on IHT relief on shares, mileage allowances, and trivial benefits.

These Regulations are made to amend the Income Tax (Earnings and Pensions) Act 2003 (IT(EP)A 2003) to provide that no liability to income tax arises on social security benefits of a description specified in the Regulations.

The Low Pay Commission has issued a statement on their approach to recommending minimum wage rates for April 2025.

Certain provision of the Finance Act 2024 (FA 2024) came into force on 3 September 2024.

The ATT has submitted a Budget representation recommending four measures to simplify income tax and self-assessment.

HMRC has updated its contact details on disguised remuneration.

The CIOT has published its response to the government's call for evidence on the tax treatment of carried interest.

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.

HMRC has published its latest Stakeholder Digest (29 August 2024).

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

HMRC has updated its Privacy Notice on the examination of business records, Artificial Intelligence (AI) and automated decision-making.

CIOT has published HMRC’s Position on Remittances Upon Divorce

HMRC has updated its guidance on Off-payroll working for clients around when the simplified test should be used.

HMRC has published its Trusts and Estates Newsletter for August 2024

HMRC has published guidance on applying for refunds of higher rates of Stamp Duty Land Tax (SDLT).

HMRC has published two new postal forms which can be used to register a limited company or a partnership as a subcontractor with payment under deduction.

The minutes of HMRC’s Capital Taxes Liaison Group of 9 April have now been published (following a delay due to the General Election).

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

HMRC has published a new CIS301 postal form to register as a sole trader subcontractor with payment under deduction.