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Technical consultation: The Plastic Packaging Tax (General) (Amendment) Regulations 2023

HMRC has launched a technical consultation seeking views on draft regulations to amend the rules for claiming tax credits in certain circumstances in respect of Plastic Packaging Tax.

11 May 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Updated HMRC tool for checking when HMRC will reply to a query

HMRC has updated its guidance on Check when you can expect a reply from HMRC.

11 May 2023 00:00 | Published by a Tolley Corporation Tax expert

OECD and IGF consultation on draft toolkits on base erosion and profit shifting (BEPS) in mining program

The OECD and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) invite public comments on draft toolkits to support developing countries in addressing transfer pricing risks when pricing minerals.

11 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Spring Finance Bill 2023: Public Bill Committee

The Treasury has published explanatory notes to government amendments to the  Spring Finance Bill 2023.

11 May 2023 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC import, export and customs news: 9 May 2023

Details of updates to HMRC import, export and customs guidance for the period from 1 May 2023 to 9 May 2023.

09 May 2023 00:00 | Published by a

Weekly roundup of HMRC manual changes: 9 May 2023

9 May 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

09 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 9 May 2023

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.

08 May 2023 00:00 | Published by a

HMRC yearly average and spot rates

HMRC has published its updated list of yearly average and spot foreign exchange rates for the year to 31 March 2023.

04 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance for tax agents

HMRC has updated its tax agents guidance to clarify when a tax agent must have an agent service account.

04 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Revenue and Customs Brief 5 (2023): change to the VAT treatment of medical services carried out by non-registered staff directly supervised by pharmacists

This brief details a change to the VAT treatment of medical services carried out by non-registered staff directly supervised by pharmacists from 1 May 2023.

03 May 2023 00:00 | Published by a Tolley Value Added Tax expert

Updated VAT Notice 708/6: Energy-saving materials and heating equipment

HMRC has updated its VAT notice on installing energy-saving materials and grant-funded heating equipment.

02 May 2023 00:00 | Published by a Tolley Value Added Tax expert

SI 2023/482 The Income Tax (Care Leaver’s Apprenticeship Bursary Payment) (Amendment) Regulations 2023

These Regulations amend the Income Tax (Care Leaver’s Apprenticeship Bursary Payment) Regulations, SI 2020/922 to ensure that the income tax exemption applies to the new payment rate made by the Department of Education (DfE) to care leavers starting an English statutory apprenticeship on or after 1 August 2023.

02 May 2023 00:00 | Published by a Tolley Personal Tax expert

Weekly roundup of HMRC manual changes: 2 May 2023

2 May 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

02 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Notice made under the Value Added Tax (Margin Schemes and Removal or Export of Goods: VAT-related Payments) Order, SI 2023/68

A notice (which has the force of law) has been published in relation to the record keeping requirements and method of claiming a VAT related payment on eligible second-hand motor vehicles that are bought in Great Britain and moved to Northern Ireland or the EU after 30 April 2023 with the intention of selling them.

02 May 2023 00:00 | Published by a Tolley Value Added Tax expert

SI 2023/473 The Indirect Taxes (Notifiable Arrangements) (Amendment) Regulations 2023

These Regulations amend the Indirect Taxes (Notifiable Arrangements) Regulations, SI 2017/1216 to ensure that the description of certain Value Added Tax (VAT) avoidance arrangements concerning offshore supplies, include transactions between members of the same VAT group.

02 May 2023 00:00 | Published by a Tolley Value Added Tax expert

Weekly roundup of HMRC import, export and customs news: 2 May 2023

Details of updates to HMRC import, export and customs guidance for the period from 27 April 2023 to 2 May 2023.

02 May 2023 00:00 | Published by a

Tax news roundup: 2 May 2023

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.

02 May 2023 00:00 | Published by a

OECD Domestic Minimum Tax Safe Harbor Likely Coming by Midyear

The OECD anticipates releasing a qualified domestic minimum top-up tax safe harbour by the summer of 2023, as part of its work to implement Pillar Two.

28 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Tax Administration and Maintenance Day – 27 April 2023

The UK government published various tax policy consultations and other updated documents on 27 April 2023.

27 Apr 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on Residence, domicile and the remittance basis: RDR1

HMRC has updated its guidance on residency, domicile and remittance basis (RDR1) in relation to employees of the EU.

26 Apr 2023 00:00 | Published by a Tolley Employment Tax expert

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Reverse charge ― buying in services from outside the UK

Reverse charge ― buying in services from outside the UKThis guidance note covers the reverse charge that applies to services that have been bought in from outside the UK. For an overview of VAT and international services more broadly, see the International services ― overview guidance note. For

15 Dec 2020 14:02 | Produced by Tolley Read more Read more

Non-trading deficits on loan relationships

Non-trading deficits on loan relationshipsOverview of non-trading deficits (NTDs)When a company’s debits on its non-trading loan relationships and derivative contracts in an accounting period exceed the credits on its non-trading loan relationships and derivative contracts in the same period (the

14 Jul 2020 12:17 | 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