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SI 2023/841 The Double Taxation Relief and International Tax Enforcement (San Marino) Order 2023

The Order brings into effect the first-time comprehensive Double Taxation Convention between the UK and San Marino which was signed on 17 May 2023.

21 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Open consultation: Tax incentives for occupational health

HMRC and HM Treasury have launched a joint consultation on the role of tax incentives in boosting occupational health (OH) provision by employers.

21 Jul 2023 00:00 | Published by a Tolley Employment Tax expert

CIOT response: Charities tax compliance

The CIOT and ATT have responded to the HMRC consultation on Charities tax compliance. The consultation explored reasonable and proportionate changes on how to reform some tax relief rules that do not work as intended.

21 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

SI 2023/839 The Double Taxation Relief and International Tax Enforcement (Brazil) Order 2023

This Order brings into effect the first-time comprehensive Double Taxation Convention between the UK and Brazil was signed on 29 November 2022. It also brings into effect a 2005 Agreement.

21 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on Research and Development (R&D) tax relief

HMRC has updated multiple guidance notes on Research and Development (R&D) tax relief.

21 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Construction Industry Scheme reform

The CIOT has responded to the HMRC consultation on Construction Industry Scheme reform.

20 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

OECD welcomes 'historic agreement' on two-pillar solution

138 members of the OECD/G20 Inclusive Framework on BEPS have agreed an 'Outcome Statement' on progress towards implementation of Pillars One and Two.

20 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Pension schemes newsletter 152 — July 2023

HMRC has published pension schemes newsletter 152.

20 Jul 2023 00:00 | Published by a Tolley Employment Tax expert

SI 2023/823 The Social Security (Contributions) (Amendment No. 6) Regulations 2023

These Regulations provide a disregard from earnings, for NICs purposes, for compensation payments made under the public service pensions remedy.

20 Jul 2023 00:00 | Published by a Tolley Employment Tax expert

SI 2023/818 The Transfer Pricing Records Regulations 2023

These Regulations set out the form and content of transfer pricing documentation which must be kept and preserved to support MNEs' transfer pricing positions.

20 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

HMRC issues clarifications on Structures and Buildings Allowances

HMRC has responded to the CIOT's submission: 'Uncertainties in relation to Structures and Buildings Allowances'.

20 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

SI 2023/827 The Insurance Premium Tax (Amendment) Regulations 2023

These Regulations remove forms used in the administration of insurance premium tax from secondary legislation so that they can instead be issued directly by HMRC.

20 Jul 2023 00:00 | Published by a

Agent Update: issue 110

HMRC has published Agent Update issue 110 (19 July 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

20 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Basis Period Reform: support from HMRC with overlap relief

The ATT have shared an update from HMRC that an online tool will be launched on 29 August 2023 allowing businesses, the self-employed and their agents to request details of overlap profits where that data is held by HMRC.

19 Jul 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

SI 2023/812 The National Insurance Contributions Act 2022 (Freeports and Investment Zones) (Consequential Amendments) Regulations 2023

This instrument makes consequential amendments in light of the F(No 2)A 2023 changes that provide for NIC relief in investment zones.

19 Jul 2023 00:00 | Published by a Tolley Employment Tax expert

Convention on Social Security Coordination between Iceland, Liechtenstein, Norway and the United Kingdom of Great Britain and Northern Ireland

This treaty was presented to Parliament in July 2023. The explanatory memorandum provides information on the Convention on Social Security Coordination between Iceland, the Principality of Liechtenstein, the Kingdom of Norway, and the United Kingdom of Great Britain and Northern Ireland.

19 Jul 2023 00:00 | Published by a Tolley Employment Tax expert

CIOT response: The Tax Administration Framework Review: information and data

The CIOT has responded to the HMRC consultation on The Tax Administration Framework Review: information and data.

19 Jul 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

SI 2023/813 The Relief for Research and Development (Content of Claim Notifications, Additional Information Requirements and Miscellaneous Amendments) Regulations 2023

These Regulations specify the information to be provided by companies in support of their claims for research and development tax reliefs (“R&D tax reliefsâ€) and detail digital filing requirements.

19 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Treasury Minutes: July 2023 – Government response on managing tax compliance following the pandemic

In the Treasury minutes published on 17 July 2023, the government has responded, among other things, to the Public Accounts Committee (PAC) report from session 2022-23 on managing tax compliance following the COVID-19 pandemic.

18 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

OECD Secretary-General tax report to G20 Finance ministers

The OECD secretary-general tax report to G20 Finance Ministers and Central Bank Governors has been published.

18 Jul 2023 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Tax implications of administration and liquidation

Tax implications of administration and liquidationThis guidance considers the tax implications of a company going into administration or liquidation.Introduction to company administration and liquidationCompany going into administrationA company which is in financial difficulty may go into

14 Jul 2020 15:29 | Produced by Tolley Read more Read more

Classes of NIC and who pays them

Classes of NIC and who pays themClass 1 NICClass 1 NIC is payable on earnings paid to an employed worker which derive from, or are treated as deriving from, an employed earner’s employment in the UK. There are two kinds of Class 1 NIC, primary contributions for which the employee is liable and

14 Jul 2020 11:13 | Produced by Tolley in association with Jim Yuill at The Yuill Consultancy 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