ÑÇÖÞÉ«ÇéÍø

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 Personal Tax News

Filter icon Filter by tax area

Alternative Dispute Resolution: Practice Statement for First Tier Tribunal Tax Chamber

The president of the First-tier Tribunal (Tax Chamber) has issued a practice statement that sets out how taxpayers and HMRC can turn to Alternative Dispute Resolution (ADR) once a formal appeal is under way.

13 May 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC reduces interest rates following base rate cut

HMRC late-payment and overpayment interest rates have been reduced to reflect the recent Bank of England decision to cut the bank base rate.

12 May 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 12 May 2025

12 May 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

12 May 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/561 The Tribunal Procedure (Amendment) Rules 2025

SI 2025/561: These Rules are made to provide amendments to the Rules of procedure that apply to the First-tier Tribunal and to the Upper Tribunal (the Tribunal Procedure Rules), to expressly provide that the tribunal has the power to set aside a decision on its own initiative. They come into force on 30 May 2025.

12 May 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: May 2025

HMRC has published its latest Stakeholder Digest (6 May 2025).

07 May 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 6 May 2025

6 May 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

06 May 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC launches new online interactive help on compliance checks

HMRC’s online tool to help taxpayers understand tax compliance checks is now live.

02 May 2025 00:00 | Published by a Tolley Corporation Tax expert

Spotlight 69: Liquidation of a Limited Liability Partnership used to avoid Capital Gains Tax

HMRC has published Spotlight 69, highlighting a tax avoidance scheme used by landlords to reduce their tax liability through the liquidation of a Limited Liability Partnership (LLP).

29 Apr 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

Tax update spring 2025: simplification, administration and reform

HMRC has published a package of tax and customs administration and simplification measures aimed at reducing administrative burdens. It includes new consultations, consultation outcomes, calls for evidence, announcements and other documents.

29 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 28 April 2025

28 April 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

28 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

Pensions schemes newsletter 169 — April 2025

HMRC newsletter outlines pension scheme legal changes and deadlines for 2025

25 Apr 2025 00:00 | Published by a Tolley Employment Tax expert

Updated guidance on MTD for income tax

HMRC has updated its guidance ‘Get ready for Making Tax Digital for Income Tax’

24 Apr 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

CIOT letter to HMRC regarding non-domiciled individuals, double remittances and 6 April 2025

The CIOT has written to HMRC in relation to the

24 Apr 2025 00:00 | Published by a Tolley Employment Tax expert

Updated guidance on promoters of tax avoidance schemes

HMRC has updated its guidance on promoters of tax avoidance schemes to provide more information on stop notices.

23 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

Agent Update: Issue 130

HMRC has published Issue 130 of the Agent Update, providing a round-up of updates and reminders for tax practitioners.

22 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 22 April 2025

22 April 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

22 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

Courts and Tribunals Judiciary publishes updated AI guidance and introduces Copilot Chat for judges

The Courts and Tribunals Judiciary has published updated guidance on the use of artificial intelligence (AI), replacing its December 2023 guidance.

17 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

New HMRC guidance on choosing an agent for MTD for income tax

HMRC has published new guidance on choosing an agent for MTD for income tax.

16 Apr 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

Updated guidance for agents whose business is changing

HMRC has updated it guidance ‘What to do if your tax agent business is changing’ to add information on what to do if an agency stops trading.

16 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

New HMRC factsheet CC/FS46

HMRC has issued a new factsheet: Compliance checks: Automatic Exchange of Information obligations — CC/FS46

15 Apr 2025 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Simple assessments

Simple assessmentsFrom 2016/17 onwards, HMRC has the power to make a ‘simple assessment’ of the taxpayer’s income tax and / or capital gains tax liability outside of the self assessment system. As HMRC already receives significant amounts of information on the income received and tax paid by

14 Jul 2020 13:40 | Produced by Tolley Read more Read more

Winding up a trust ― legal, administrative and compliance issues

Winding up a trust ― legal, administrative and compliance issuesOverviewWhen winding up a trust, there are legal formalities and compliance issues that need to be dealt with, as well as IHT and CGT consequences that flow from the termination. This guidance note considers when and how a trust comes

14 Jul 2020 14:01 | Produced by Tolley Read more Read more

Entity classification

Entity classificationImplications of entity classificationIf a subsidiary is established, it is important to determine how it will be treated for UK tax purposes as this will determine the basis on which it is taxed. A subsidiary may either be transparent (like a partnership, where the individual

14 Jul 2020 11:37 | Produced by Tolley Read more Read more