ÀÏ˾»úÎçÒ¹¸£Àû

Tolley works hard to bring you the most up-to-date tax news straight to your inbox. In a dynamic industry it’s important to know when things change. With Tolley’s Tax News you can always be informed giving your clients the most comprehensive information available.

Latest Tax News

Filter icon Filter by tax area

SI 2023/36 The Income Tax (Indexation of Blind Person’s Allowance and Married Couple’s Allowance) Order 2023

The Order increases the blind person’s allowance and married couple’s allowance for the 2023-24 tax year.

17 Jan 2023 00:00 | Published by a Tolley Personal Tax expert

Weekly roundup of HMRC post-Brexit import, export and customs guidance: 16 January 2023

HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 9 January 2023 to 16 January 2023.

16 Jan 2023 00:00 | Published by a

Weekly roundup of HMRC manual changes: 16 January 2023

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

16 Jan 2023 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 16 January 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.

16 Jan 2023 00:00 | Published by a

SI 2023/19 The Value Added Tax (Refund of Tax) Order 2023

The Order specifies four Corporate Joint Committees that are entitled to claim refunds of VAT charged on goods and services when purchased for their non-business activities.

16 Jan 2023 00:00 | Published by a Tolley Value Added Tax expert

Consultation: R&D Tax Reliefs Review

A consultation has been launched seeking views on simplification of the UK’s R&D tax relief system. The consultation closes on 13 March 2023.

16 Jan 2023 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance: Annual Tax on Enveloped Dwellings

HMRC has updated its guidance on Annual Tax on Enveloped Dwellings.

16 Jan 2023 00:00 | Published by a Tolley Corporation Tax expert

A1 certificates: pandemic related changes to work location

The ICAEW has shared an update from HMRC in relation to employees and the self-employed working across borders.

13 Jan 2023 00:00 | Published by a Tolley Employment Tax expert

Revenue and Customs Brief 1 (2023): changes in processing option to tax forms

HMRC has published a new Brief on changes to the option to tax notification process from 1 February 2023.

12 Jan 2023 00:00 | Published by a Tolley Value Added Tax expert

Updated HMRC guidance on standard for agents

HMRC has updated its guidance on standards for agents where they represent or give advice to taxpayers.

12 Jan 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Consultation outcome: Raising standards in tax advice

HMRC has published the outcome and summary of responses to the consultation on Raising standards in tax advice: protecting customers claiming tax repayments. This consultation ran from 22 June 2022 to 14 September 2022.

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

Updated HMRC guidance on Plastic Packaging Tax

HMRC has updated the ‘Importers of plastic packaging’ section to show that certain types of reusable packaging will not be subject to Plastic Packaging Tax if they are imported into the UK under the Temporary Admission procedure.

10 Jan 2023 00:00 | Published by a Tolley Value Added Tax expert

Finance Act 2023 receives Royal Assent

Finance Act 2023

10 Jan 2023 00:00 | Published by a Tolley Corporation Tax expert

CIOT responses on recent Welsh Government consultations

The Chartered Institute of Taxation (CIOT) has responded to the Welsh Government consultations on a discretionary visitor levy for local authorities and reforming non-domestic rates in Wales.

10 Jan 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly roundup of HMRC manual changes: 9 January 2023

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

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

Weekly roundup of HMRC post-Brexit import, export and customs guidance: 9 January 2023

HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 19 December 2022 to 9 January 2023.

09 Jan 2023 00:00 | Published by a

Tax news roundup: 9 January 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.

09 Jan 2023 00:00 | Published by a

Finance Bill to receive Royal Assent on 10 January 2023

The Autumn 2022 Finance Bill has been scheduled to receive Royal Assent on Tuesday 10 January 2023.

06 Jan 2023 00:00 | Published by a Tolley Corporation Tax expert

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 December 2022.

06 Jan 2023 00:00 | Published by a Tolley Corporation Tax expert

SI 2022/1389 The Register of Overseas Entities (Verification and Provision of Information) (Amendment) Regulations 2022

These Regulations amend the Register of Overseas Entities (Verification and Provision of Information) Regulations, SI 2022/725 in relation to certain requirements regarding the verification of information.

05 Jan 2023 00:00 | Published by a

Popular Articles

Group relief for carried-forward losses

Group relief for carried-forward lossesThis guidance note examines in detail the relief available to groups for carried-forward losses. The scope excludes the treatment of specialist businesses such as banks, insurance companies and oil and gas companies.From 1 April 2017, companies can surrender

14 Jul 2020 11:50 | Produced by Tolley Read more Read more

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

Repairs and renewals

Repairs and renewalsThe key consideration in determining whether expenditure on repairs and renewals is allowable as a deduction for tax purposes is whether it is capital or revenue in nature. In some cases, it can be relatively straightforward to identify revenue repairs. HMRC provides the

14 Jul 2020 13:23 | Produced by Tolley Read more Read more