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SI 2025/270 The Taxes (Interest Rate) (Amendment) Regulations 2025

These Regulations are made to increase the ‘official rate of interest’ applicable under section 178 of the Finance Act 1989 for the purposes of Chapter 7 of Part 3 of the Income Tax (Earnings and Pensions) Act 2003

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

HMRC guidance on closure of the online service to file company accounts and tax returns

HMRC has issued guidance on the closure of the online service to file company accounts and tax returns.

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

Consultation: Oil and gas price mechanism

HMRC has launched a consultation on developing a predictable fiscal response to future oil and gas price shocks. This consultation aims to establish a new permanent mechanism to replace the Energy Profits Levy (EPL) once it ends.

06 Mar 2025 00:00 | Published by a

Deadline for voluntary NIC payments relaxed

Individuals have until 5 April 2025 to fill gaps in their National Insurance record dating back to 6 April 2006. HMRC has relaxed the deadline in certain circumstances.

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

Welsh 2025-26 Budget approved

The Senedd has approved the Welsh Budget 2025-26.

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

Updated inheritance tax grossing up calculator

HMRC has published a new version of the IHT grossing up calculator.

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

Non-doms joint sub-group minutes

The subgroup which is chaired by HMRC has published new minutes of meetings.

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

Making Work Pay consultation outcomes

The Government has published the responses to various consultations on ‘Making Work Pay’.

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

OECD releases the latest BEPS Action 14 Mutual Agreement Procedure peer review results

The OECD has released the latest BEPS Action 14 Mutual Agreement Procedure (MAP) peer review results.

05 Mar 2025 00:00 | Published by a

Consultation response: Tackling non-compliance in the umbrella company market

HM Treasury has published the response to the consultation ‘Tackling non-compliance in the umbrella company market’.

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

First-tier Tribunal ( Tax Chamber) updates guidance on pdf bundles

The First-tier Tribunal has revised its guidance on the preparation of pdf bundles that was first published in 2021.

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

SI 2025/231 The Register of Overseas Entities (Protection and Trusts) (Amendment) Regulations 2025

SI 2025/231: These Regulations are made to amend the Register of Overseas Entities (Delivery, Protection and Trust Services) Regulations 2022, SI 2022/870 to allow for anyone to make an application for protection whose information could be published or disclosed by the registrar under the Register of Overseas Entities (ROE). They came into force partly on 28 February 2025, and come into force fully on 31 August 2025. (Updated from draft on 3 March 2025).

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

Pension Schemes Newsletter 167- March 2025

HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 167 for March 2025. The newsletter includes articles on managing pension schemes service, qualifying recognised overseas pension schemes (QROPS), lifetime allowance (LTA) abolition — lump sum reporting and relief at source.

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

CIOT Finance Bill 2024-25 briefing

The CIOT has published a Finance Bill 2024-25 briefing on the report stage amendments for non-domicile changes.

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

Weekly roundup of HMRC import, export and customs guidance: 3 March 2025

Details of updates to HMRC import, export and customs guidance for the period from 25 February to 3 March 2025.

03 Mar 2025 00:00 | Published by a

HMRC Stakeholder Digest - February 2025

HMRC has published its latest Stakeholder Digest (February 2025). This edition includes updates on new campaigns, guidance, and consultations relevant to UK tax practitioners.

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

Weekly Roundup HMRC Manuals: 3 March 2025

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

03 Mar 2025 00:00 | Published by a

Tax news roundup: 3 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.

03 Mar 2025 00:00 | Published by a

Reforms to inheritance tax reliefs: consultation on property settled into trust

HMRC has launched a consultation on reforms to inheritance tax agricultural property relief and business property relief intended to apply from 6 April 2026, specifically focusing on their application in relation to trusts.

28 Feb 2025 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

SI 2025/224 Social Security (Scotland) Act 2018 (Scottish Adult Disability Living Allowance) (Consequential Modifications) Order 2025

This Order is made to provide amendments to social security legislation governing entitlement to certain benefits as well as tax legislation in the UK in consequence of the Disability Assistance (Scottish Adult Disability Living Allowance) Regulations 2025, SSI 2025/3, which introduce arrangements for the payment of Scottish Adult Disability Living Allowance, which will replace Disability Living Allowance for adults (recipients aged 18 and over) in Scotland.

28 Feb 2025 00:00 | Published by a

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BPR ― trading and investment businesses

BPR ― trading and investment businessesIntroductionThe basic qualification rules for business property relief (BPR) are illustrated in the Flowchart ― trading or investment business for BPR purposes.For an overview of BPR, see the BPR overview guidance note.Relevant business propertyThe main

14 Jul 2020 15:36 | Produced by Tolley Read more Read more

Reverse charge ― buying in services from outside the UK

Reverse charge ― buying in services from outside the UKThis guidance note covers the reverse charge that applies to services that have been bought in from outside the UK. For an overview of VAT and international services more broadly, see the International services ― overview guidance note. For

15 Dec 2020 14:02 | Produced by Tolley Read more Read more

Income tax paid on behalf of employee

Income tax paid on behalf of employeeIntroductionEmployers may wish to make payments of employment income to an employee / director without the employee suffering a tax or NIC cost on that pay. In other words, the employer wants to pay an amount net of tax and NIC. In some instances, often with

14 Jul 2020 11:58 | Produced by Tolley in association with Paul Tew Read more Read more