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Agent Update: issue 111

HMRC has published Agent Update issue 111 (17 August 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

17 Aug 2023 00:00 | Published by a Tolley Corporation Tax expert

HMRC extends trial for responding to older post

The ICAEW has advised that HMRC is extending its trial for responding to old post.

15 Aug 2023 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 14 August 2023

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

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

HMRC directions: R&D claims

HMRC has published directions under

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

Weekly Roundup HMRC Manuals: 7 August 2023

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

07 Aug 2023 00:00 | Published by a Tolley Corporation Tax expert

HMRC increases late-payment interest rates

HMRC is increasing the late-payment interest rate to 7.75% and the repayment rate to 4.25% from 22 August 2023. Interest on quarterly instalment payments of corporation tax is also increased from 14 August 2023.

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

Treasury Committee calls for action on complex, un-costed and exploited tax reliefs

The Treasury Committee calls for a systematic review into the cost of over a thousand tax reliefs which complicate the tax system and are open to abuse.

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

HMRC guidance on changes to reporting income from self employment and partnerships

HMRC has published a new guidance page on how to report profit on the Self Assessment tax return for 2023-24 if the self-employed or partnership business accounting year does not end on or between 31 March to 5 April.

01 Aug 2023 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly Roundup HMRC Manuals: 31 July 2023

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

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

Updated HMRC guidance: disposing of a super-deduction or special rate first year allowance asset

HMRC has updated its guidance on working out the balancing charge when a plant or machinery is sold or disposed by a company after claiming allowances for them.

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

Luxembourg ratifies double tax convention with the UK

The Luxembourg Parliament approved for ratification the double tax convention between Luxembourg and the UK which was signed on 7 June 2022.

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

Weekly Roundup HMRC Manuals: 24 July 2023

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

24 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

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

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

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

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

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

Government publishes draft legislation for next Finance Bill

Hot on the heels of

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

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