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Weekly Roundup HMRC Manuals: 30 June 2025

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

30 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest: 24 June 2025

HMRC has published its latest Stakeholder Digest (24 June 2025).

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

Weekly Roundup HMRC Manuals: 23 June 2025

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

23 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

Agent Update: Issue 132

HMRC has published Issue 132 of the Agent Update, providing a round-up of updates and reminders for tax practitioners.

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

Employer Bulletin: June 2025

HMRC has published the June 2025 issue of the Employer Bulletin, providing important updates and information relevant to employers and agents.

19 Jun 2025 00:00 | Published by a Tolley Employment Tax expert

CIOT response: Closing in on promoters of tax avoidance

The CIOT has published a response to the HMRC consultation on Closing in on promoters of tax avoidance.

19 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

CIOT response : Behavioural penalties reform

The CIOT has published a response to the HMRC consultation on Behavioural penalties reform.

18 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

Spotlight 71: Warning for agency workers and contractors who are moved between umbrella companies

HMRC has issued Spotlight 71 advising agency workers and contractors on identifying potential red flags when being moved between umbrella companies that may be operating non-compliant tax avoidance schemes.

16 Jun 2025 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 16 June 2025

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

16 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Invest in tracking system to improve HMRC effectiveness

The CIOT has welcomed the confirmation of additional resources for HMRC in the Government’s Spending Review and has set out a number of ways the money could be spent effectively to improve HMRC’s efficiency and deliver better service to taxpayers and agents.

12 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

Tax Policy Making Principles

HM Treasury has published a policy paper setting out the principles that will guide how the Government designs and delivers tax policy changes.

12 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

First-tier Tribunal (Tax Chamber) updated guidance – oral evidence from abroad

The FTT has updated its guidance on oral evidence from abroad.

11 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 9 June 2025

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

09 Jun 2025 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Independent Loan Charge Review 2025

The CIOT has published its response to the Independent Loan Charge Review 2025. The joint response with the Low Incomes Tax Reform Group focuses on specific questions raised in the call for evidence and details barriers faced by lower-paid agency workers in resolving their loan charge liabilities.

09 Jun 2025 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 2 June 2025

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

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

Pensions schemes newsletter 170 — May 2025

HMRC’s latest newsletter discusses the new UK residence requirement for administrators of UK registered pension schemes, several lifetime allowance points, and the more efficient processing of relief at source claims.

30 May 2025 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 27 May 2025

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

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

Company cars: advisory fuel rates from 1 June 2025

HMRC has published revised advisory fuel rates for company cars which apply from 1 June 2025.

23 May 2025 00:00 | Published by a Tolley Employment Tax expert

Updated: Disclosure of tax avoidance schemes guidance

HMRC has updated its guidance on the disclosure of tax avoidance schemes (DOTAS).

23 May 2025 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Enhancing HMRC's ability to tackle tax advisers facilitating non-compliance

The CIOT has published its response to the consultation on enhancing HMRC's ability to tackle tax advisers facilitating non-compliance.

19 May 2025 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Trade or hobby

Trade or hobbyInteraction of hobby farming rules and commercialityFarming has its own set of ‘hobby farming rules’, which historically have stated that a profit must be made every six years. This is known as ‘the five-year rule’, in that there can be five years of losses but there must be a profit

14 Jul 2020 13:50 | Produced by Tolley Read more Read more

Losses on shares set against income

Losses on shares set against incomeUsually, allowable capital losses can only be set against chargeable gains. If the losses are not fully utilised against gains in the year in which they arise, the excess is carried forward to use against future gains. See the Use of capital losses guidance note

14 Jul 2020 12:12 | Produced by Tolley Read more Read more

Exemption ― overview ― items exempt from VAT in the UK

Exemption ― overview ― items exempt from VAT in the UKVAT exemption: list of supplies exempt from UK VATThe goods or services that are exempt from VAT are listed under various group headings within VATA 1994, Sch 9, Pt II.It is important to remember that not all supplies that come within a heading

14 Jul 2020 12:45 | Produced by Tolley Read more Read more