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Updated guidance on MTD for income tax

HMRC has updated the page ‘Sign up for Making Tax Digital for Income Tax’.

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

SI 2025/419 Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) Regulations 2025

These Regulations are made to reduce the burdens on individuals and scheme administrators of public service pension schemes implementing the remedy to age discrimination that occurred when those pension schemes reformed their benefit structure. They prevent adverse tax consequences and broadly aims to put those individuals back in the position they would have been in if the discrimination had not occurred.

07 Apr 2025 00:00 | Published by a

Weekly roundup of HMRC import, export and customs guidance: 7 April 2025

Details of updates to HMRC import, export and customs guidance for the period from 1 to 7 April 2025.

07 Apr 2025 00:00 | Published by a

New and updated HMRC guidance on changes for non-domiciled individuals

HMRC has published new guidance and updated numerous pages to reflect the changes for non-domiciled individuals from 6 April 2025.

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

SI 2025/434 Horizon Shortfall Scheme Appeals (Tax Exemptions and Relief) Regulations 2025

These Regulations provide for exemptions from capital gains tax, corporation tax, income tax and a relief from inheritance tax for payments received under Horizon Shortfall Scheme Appeals, an independent appeals process created by the Department for Business and Trade.

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

Weekly Roundup HMRC Manuals: 7 April 2025

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

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

Updated HMRC guidance on receiving repayments on behalf of others

HMRC has updated the guidance for repayment agents regarding the date of the taxpayer’s advanced electronic signature.

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

New HMRC guidance on Statutory Neonatal Care Pay

HMRC has published new guidance on Statutory Neonatal Care Pay which applies from 6 April 2025.

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

Treasury Minutes: April 2025 – Government responses to tax recommendations

In the Treasury minutes published on 3 April 2025, the Government has responded, among other things, to the Public Accounts Committee (PAC) report from session 2024-25 on HMRC Customer Service and Accounts, and Tax evasion in the retail sector.

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

HMRC responds to CIOT concerns on double remittances and Finance Act 2025

HMRC has written to the CIOT in response to a paper it recently published concerning double remittances into the UK post-6 April 2025.

04 Apr 2025 00:00 | Published by a Tolley Personal Tax expert

Updates to guidance on Making Tax Digital for Income Tax

HMRC has updated various pages of guidance on Making Tax Digital for Income Tax and published a new page.

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

National Insurance Contributions (Secondary Class 1 Contributions) Act 2025 receives Royal Assent

National Insurance Contributions (Secondary Class 1 Contributions) Act 2025 received Royal Assent on 3 April 2025.

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

Directions under sections 690A and 690D of the Income Tax (Earnings and Pensions) Act 2003

These Directions specify the manner and form in which employers must deliver notifications to HMRC under

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

HMRC Personal Tax Query Resolution Service for Agents now live

The Personal Tax Query Resolution Service for Agents is now live. HMRC has also notified unavailability of the Agent Services Account on certain days in April.

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

Updated HMRC guidance on creative industry reliefs

HMRC has updated the form used to submit evidence in support of claiming creative industry tax reliefs, and added guidance on expenditure credit claims.

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

Welsh Revenue Authority Corporate Plan 2025 to 2028

The Welsh Revenue Authority (WRA) has published its Corporate Plan 2025 to 2028.

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

SSI 2025/100 Social Security (Up-rating) (Miscellaneous Amendments) (Scotland) Regulations 2025

These Regulations fulfil the statutory duty on the Scottish Ministers under sections 86A and 86B of the Social Security (Scotland) Act 2018 to review the rates of social security assistance that they are responsible and where appropriate, to bring forward legislation to increase the rates to an amount in line with inflation.

01 Apr 2025 00:00 | Published by a

SI 2025/406 The Multinational Top-up Tax (Pillar Two Territories, Qualifying Domestic Top-up Taxes and Accredited Qualifying Domestic Top-up Taxes) Regulations 2025

These Regulations specify territories as Pillar Two territories and designate qualifying domestic top-up taxes and accredited qualifying domestic top-up taxes.

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

SSI 2025/102 The Social Security Up-rating (Scotland) Order 2025

This Order provides for an increase in the various rates of carer’s allowance, attendance allowance, disability living allowance, industrial injuries disablement benefit, industrial death benefit, severe disablement allowance, and personal independence payment.

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

Spotlight 68: Using prepaid debit cards for profit extraction to reduce profits and disguise income

HMRC has published Spotlight 68, which highlights a scheme that uses advertising and marketing expenditure to reduce profitability and disguise income in the form of redeemable loyalty points.

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

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Exporting goods ― proof of export

Exporting goods ― proof of exportIn addition to the requirements laid down in the Exporting goods ― overview guidance note, businesses intending to zero-rate exported goods must hold satisfactory evidence that the goods have been delivered to a destination outside of the UK. If satisfactory evidence

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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

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FRS 102 ― tax presentation and disclosures

FRS 102 ― tax presentation and disclosuresPresentation of tax under FRS 102An entity must present changes in a current tax liability (or asset) and changes in a deferred tax liability (or asset) as a tax expense (or income) unless the item creating the current or deferred tax amount is recognised in

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