Specialist Tax Statutory Instruments
These聽Regulations聽amend the聽National聽Minimum聽Wage聽Regulations聽2015, SI 2015/621 to increase the rate of the聽national聽living聽wage聽for workers who are aged 21 or over from 拢11.44 to 拢12.21 per hour.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
Inter-spouse transferIntroductionWhen a chargeable asset is transferred between two spouses or civil partners, there is a disposal by the transferor spouse / civil partner and an acquisition by the transferee spouse / civil partner for capital gains tax purposes. For simplicity, spouses and civil
Exemption 鈥� insurance 鈥� overviewThis guidance note provides an overview of the VAT treatment of insurance products and should be read in conjunction with the Insurance 鈥� specific transactions and Exemption 鈥� insurance 鈥� brokers and agents guidance notes.Is insurance exempt from VAT?Supplies of
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
Autumn Budget 2024