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Weekly roundup of HMRC import, export and customs guidance: 24 March 2025

Details of updates to HMRC import, export and customs guidance for the period from 18 to 24 March 2025.

24 Mar 2025 00:00 | Published by a

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

R&D guidance updated to add details for companies based in Northern Ireland

Three R&D guidance pages have been updated to add details for companies based in Northern Ireland.

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

2025 UK-Peru Double Taxation Convention

The 2025 UK-Peru Double Taxation Convention was signed on 20 March 2025.

21 Mar 2025 00:00 | Published by a

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

SI 2025/364 The Annual Tax on Enveloped Dwellings (Indexation of Annual Chargeable Amounts) Order 2025

This Order is made to state the annual chargeable amounts of the annual tax on enveloped dwellings.

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

Make a Reserved Investor Fund notification to HMRC

HMRC has published guidance on how to notify them when entering a scheme into the Reserved Investor Fund regime.

19 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

Tax news roundup: 17 March 2025

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

17 Mar 2025 00:00 | Published by a

SI 2025/350 Social Security Contributions (Decisions and Appeals) (Amendment) Regulations 2025

These Regulations make consequential amendments to the Social Security Contributions (Decisions and Appeals) Regulations 1999, SI 1999/1027 as a direct consequence of the introduction of Statutory Neonatal Care Pay, by inserting reference to Statutory Neonatal Care Pay alongside reference to existing statutory payments.

17 Mar 2025 00:00 | Published by a

Updated HMRC guidance on ATED to add link to tool

HMRC guidance has been updated to add a link to the ‘Check how to submit your ATED return’ tool.

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

SI 2025/349 Economic Crime and Corporate Transparency Act 2023 (Commencement No 4) Regulations 2025

These Regulations are made to bring certain provisions of the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) into force on 18 March 2025 and 1 September 2025. They also revoke the Economic Crime and Corporate Transparency Act 2023 (Commencement No 3) Regulations 2024, SI 2024/1108, and amend the Register of Overseas Entities (Annotation and Removal) Regulations 2024, SI 2024/53.

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

Weekly roundup of HMRC import, export and customs guidance: 17 March 2025

Details of updates to HMRC import, export and customs guidance for the period from 11 to 17 March 2025.

17 Mar 2025 00:00 | Published by a

HMRC further updates creative industry tax reliefs guidance

HMRC recently updated its creative industry tax reliefs guidance stating that, from April 2025, the CT600P creative industries supplementary page had to be included with returns. The guidance has been further updated to remove the need to submit the supplementary page.

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

Consultation: Scottish Landfill Communities Fund

The Scottish Government has launched a consultation on the future of the Scottish Landfill Communities Fund (SLCF), a voluntary tax credit scheme linked to the Scottish Landfill Tax (SLfT). The consultation seeks views on the fund's viability given declining SLfT revenues.

14 Mar 2025 00:00 | Published by a

SI 2025/330 The Statutory Maternity Pay (Compensation of Employers) (Amendment) Regulations 2025

These Regulations are made to amend the Statutory Maternity Pay (Compensation of Employers) and Miscellaneous Amendment Regulations 1994, SI 1994/1882 and the Statutory Maternity Pay (Compensation of Employers) and Miscellaneous Amendment Regulations (Northern Ireland) 1994, SR 1994/271 to amend an existing percentage figure in accordance with a pre-determined formula. They come into force on 6 April 2025.

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

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Allowable expenses for property businesses

Allowable expenses for property businessesGeneral itemsMany of the principles applying to allowable expenses for property businesses are similar to those that apply for trading and the rules for individuals in a property business are generally the same as for companies with some exceptions which are

14 Jul 2020 13:26 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax, part of AMS Group Read more Read more

Self assessment ― estimates and provisional figures

Self assessment ― estimates and provisional figuresIf the taxpayer does not have sufficient information to enable them to complete the tax return in the time allowed, they should include either a best estimate or a provisional figure. The taxpayer should not either leave a box blank or enter

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Payroll record keeping

Payroll record keepingUnder SI 2003/2682, reg 97, “...an employer must keep, for not less than 3 years after the end of the tax year to which they relate, all PAYE records which are not required to be sent to [HMRC]...”. Reasons for keeping the records include:•being able to calculate tax and

14 Jul 2020 12:52 | Produced by Tolley in association with Ian Holloway Read more Read more