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Updated Guidance: Changes in annual allowance as a result of the public service pensions remedy

HMRC has updated the date when a member must notify to elect the scheme to pay on a mandatory basis.

27 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

SI 2025/386 Taxes and Duties, etc (Interest Rate) (Amendment) Regulations 2025

These Regulations are made to amend four pieces of secondary legislation to increase the late payment interest rate on amounts payable to HMRC in respect of unpaid tax liabilities by 1.5 percentage points.

27 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/376 Statutory Neonatal Care Pay (General) Regulations 2025

These Regulations are made to implement a new entitlement for employed parents, of children who receive neonatal care, and who meet certain eligibility criteria, to receive a statutory payment (paid at either the statutory flat rate of £187.18 per week for 2025/2026, or 90% of average earnings calculated over a set reference period, whichever is lower while absent from work).

26 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

SI 2025/375 Neonatal Care Leave and Miscellaneous Amendments Regulations 2025

These Regulations are made to implement a new statutory entitlement, as introduced by the Neonatal Care (Leave and Pay) Act 2023. Neonatal Care Leave and Pay will be available to employed parents if their child receives neonatal care starting within 28 days of birth, and goes on to spend seven or more continuous days in this care. The entitlement will apply to employed parents of children born on or after 6 April 2025 and provide these parents with up to twelve weeks of paid leave. Together, the package will ensure that parents who are employees will be supported to take time away from work to care for their child who is receiving or has received Neonatal Care.

26 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

CIOT issues paper on concerns relating to non-domiciled individuals and “double remittancesâ€

The CIOT has issued a paper outlining its concerns about the wording of certain provisions in the

26 Mar 2025 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Spring Statement 2025: key tax announcements

The Chancellor delivered the government’s Spring Statement on 26 March 2025. Although not a Budget or ‘major fiscal event’ the statement included a number of tax announcements.

26 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 24 March 2025

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

24 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Finance Act 2025 receives Royal Assent

Finance Act 2025 received Royal Assent on 20 March 2025.

21 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

SSI 2025/79 The Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 (Commencement No. 1) Regulations 2025

Certain provisions of the Aggregates Tax and Devolved Taxes (Scotland) Act 2024 (ATDT(S)A 2024) come into force on 1 April 2025.

20 Mar 2025 00:00 | Published by a Tolley Owner-Managed Businesses expert

Agent Update: Issue 129

HMRC has published Issue 129 of the Agent Update, providing a round-up of updates and reminders for tax practitioners.

20 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC releases new CGT rate-change adjustments calculator

HMRC has published an online tool to calculate adjustments required to tax returns for the 2024–25 tax year as a result of the changes to the main rates of CGT on 30 October 2024.

18 Mar 2025 00:00 | Published by a Tolley Personal Tax expert

HMRC publishes new pension tax checker tool

HMRC has released a new online tool which allows individuals to check whether their pension payments are likely to be subject to income tax.

18 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

SI 2025/352 The Social Security Benefits Up-rating Regulations 2025

These Regulations make provisions in consequence of the Social Security Benefits Up-rating Order 20251, SI 2025/295 which provides for the annual up-rating of social security benefits.

18 Mar 2025 00:00 | Published by a Tolley Personal Tax expert

Weekly Roundup HMRC Manuals: 17 March 2025

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

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

SI 2025/337 The Guardian’s Allowance Up-rating Regulations 2025

These Regulations make provision in consequence of the Child Benefit and Guardian’s Allowance Up-rating Order 2025, SI 2025/292 which provides for the annual up-rating of Child Benefit and Guardian’s Allowance.

14 Mar 2025 00:00 | Published by a Tolley Personal Tax expert

SI 2025/295 The Social Security Benefits Up-rating Order 2025

This Order is made to fulfils the statutory duty on the Secretary of State to review the rates of social security benefits and provide for the up-rating of certain benefits.

14 Mar 2025 00:00 | Published by a Tolley Personal Tax expert

SI 2025/327 The Help-to-Save Accounts Regulations 2025

These Regulations amend the Help-to-Save Accounts Regulations 2018, SI 2018/87.

13 Mar 2025 00:00 | Published by a Tolley Personal Tax expert

New agent service to help escalate and resolve PAYE and self assessment queries

HMRC has announced that it is introducing a new service for agents on 31‌‌‌ â€Œâ€ŒMarch 2025, to help escalate and resolve PAYE and self assessment queries.

13 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

SI 2025/318 The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2025

These Regulations amend Social Security (Contributions) Regulations 2001, SI 2001/1004 to up-rate the special rate of Class 2 National Insurance contributions payable by share fishermen.

13 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

Update on HMRC Single Customer Account

A Treasury Minutes Progress Report provides an update on the HMRC Single Customer Account.

12 Mar 2025 00:00 | Published by a Tolley Personal Tax expert

Popular Articles

Special rate pool and long life assets

Special rate pool and long life assetsSpecial rate poolExpenditure on some types of plant or machinery must, if neither annual investment allowance (AIA) nor first year allowances (FYAs) are available, be allocated to a ‘special rate pool’. Expenditure to be allocated to the special rate pool

14 Jul 2020 13:41 | Produced by Tolley Read more Read more

Research and development expenditure credit (RDEC)

Research and development expenditure credit (RDEC)This guidance note provides information on how research and development expenditure credits (RDEC) are calculated and utilised. The Qualifying expenditure for R&D tax relief guidance note provides information on what expenditure qualifies for

14 Jul 2020 13:24 | Produced by Tolley in association with Will Sweeney Read more Read more

Capital allowances on cars

Capital allowances on carsSummary of capital allowances on carsThe current capital allowance rates applicable to cars are as follows:Pool typeDescription of carRateLegislationMain rate poolNew and unused cars with CO2 emissions of 50g/km and below 18%CAA 2001, s 104AASecondhand cars with CO2

14 Jul 2020 11:08 | Produced by Tolley Read more Read more