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Consultation: Draft regulations: the Co-ownership Contractual Schemes (Tax) Regulations 2024

HMRC has launched a technical consultation on draft regulations which set out the proposed tax treatment of the Reserved Investor Fund (RIF).

03 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 2 April 2024

2 April 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

02 Apr 2024 00:00 | Published by a Tolley Corporation Tax expert

Consultation response: Research and Development tax reliefs draft guidance

HMRC has published the response to the consultation on draft guidance on the R&D new contracting out rules and overseas restrictions.

28 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Consultation on additional tax relief for visual effects costs

The Government has opened a consultation on the 5% increase in Audio-Visual Expenditure Credit and removal of the 80% cap on qualifying expenditure, for visual effects costs.

28 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 25 March 2024

25 March 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

25 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Agent update: issue 118

HMRC has published Agent Update issue 118 (20 March 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

21 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

National Insurance Contributions (Reduction in Rates) Act 2024

The National Insurance Contributions (Reduction in Rates) Act 2024 has received Royal Assent.

21 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

New HMRC guidance on full expensing and 50% first year allowances

HMRC has issued two new guidance pages on full expensing and 50% first year allowances for companies.

20 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC reverses decision to cut taxpayer helplines

HMRC has confirmed that proposals to reduce the availability of several taxpayer helplines have been put on hold.

20 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Research & development: Updated HMRC guidance

HMRC has published updated guidance to reflect the revised R&D regime for accounting periods beginning on or after 1 April 2024

19 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/383 The Designation of Special Tax Sites (Liverpool City Region, West Midlands and North East Investment Zones) Regulations 2024

These Regulations are made to designate areas, known as ‘special tax sites’, as special areas for the purposes of Parts 2 (plant and machinery allowances) and 2A (structures and buildings allowances) of the Capital Allowances Act 2001 and Part 4 (stamp duty land tax) of the Finance Act 2003.

19 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/380 The Designation of Special Tax Sites (Inverness and Cromarty Firth Green Freeport) Regulations 2024

These Regulations are made to designate areas, known as ‘special tax sites’, as special areas for the purposes of Parts 2 (plant and machinery allowances) and 2A (structures and buildings allowances) of the Capital Allowances Act 2001.

19 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 18 March 2024

18 March 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

18 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Draft legislation: Improving the data HMRC collects from its customers

HMRC is consulting on two draft Statutory Instruments which, under powers introduced in

15 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/367 The Landfill Disposals Tax (Tax Rates) (Amendment) and Tax Collection and Management (Wales) Act 2016 (Miscellaneous Amendments) (Wales) Regulations 2024

These Regulations prescribe the standard rate, lower rate and unauthorised disposals rate for Welsh landfill disposals tax chargeable on taxable disposals made on or after 1 April 2024.

14 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Finance (No 2) Bill 2024 published

Finance (No 2) Bill was published on 13 March 2024.

14 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Consultation: Improving the effectiveness of the Money Laundering Regulations

A consultation has been launched on improving the effectiveness of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the ‘MLRs’).

12 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 11 March 2024

11 March 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

11 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

National Insurance Contributions (Reduction in Rates) (No.2) Bill published

The government has published the National Insurance Contributions (Reduction in Rates) (No.2) Bill.

11 Mar 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024 /320 The Relief for Creative Industries (Additional Information Requirements and Miscellaneous Amendments) Regulations 2024

These Regulations require claims for the creative sector tax reliefs to be submitted electronically. They also specify the additional information required to be provided by claimant companies in support of any claims for the creative sector tax reliefs.

11 Mar 2024 00:00 | Published by a Tolley Corporation Tax expert

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