These Regulations enable payments to be made to the holders of insurance policies whose entitlements have been reduced following the issuing of a 鈥榳rite-down order鈥� without incurring tax charges.

HMRC has published new guidance on its internal procedures for deciding how tax disputes should be resolved, depending on the particular circumstances of a dispute and how much tax is at stake.

The government is to legislate to preserve the current 0% stamp duty/SDRT (stamp tax) charge on the issue (and on exempt capital-raising transfers) of UK shares and securities to a depositary or a clearance service operator or their nominees.

The CIOT has commented on the draft Finance Bill 2024 legislation which will introduce additional information reporting requirements for businesses.

The CIOT has commented on the draft Finance Bill 2024 legislation which introduces a new strict liability criminal offence for a person who, without reasonable excuse, fails to comply with a stop notice issued by HMRC requiring them to stop promoting a tax avoidance scheme.

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

HMRC has launched its online form for requesting details of overlap profits for the purpose of basis period reform.

HMRC has updated its guidance on reportable cross-border arrangements under the Mandatory Disclosure Rules (MDR).

The ATT has submitted comments on the draft Finance Bill 2024 legislation which will enable HMRC to specify additional information to be reported in tax returns and via PAYE.

HM Treasury has announced that Autumn Statement 2023 will take place on Wednesday 22 November 2023

HMRC鈥檚 Stakeholder Digest (31 August 2023) provides a round-up of recent news and updates.

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

HMRC has updated its standard for agents information about how HMRC treats assignments of income tax repayments by a taxpayer to their agent.

The CIOT has responded to the HMT consultation on the Non-Discretionary Tax-Advantaged Share Schemes.

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

The CIOT have shared an update from HMRC that the online 鈥榞-form鈥� process for requesting overlap details will be available from 11 September 2023 (previously due to be launched on 29 August 2023).

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

This instrument makes retrospective provision, which is necessary in order to ensure that the public service pension schemes remedy set out in PSPJOA 2022 works effectively and that members of public service pension schemes do not pay too much or too little tax as a result of the remedy.

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.

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