Tax news in brief 28 February 2024

Highlights from the broader tax news for the week ending 28 February 2024, including: a new income tax exemption for the Champions League final; tips from HMRC on paying PAYE and filing an ATED return; and the EU’s new digital system for union goods. Income tax exemption for Champions League final The government has announced […]

Tax news in brief 21 February 2024

Highlights from the broader tax news for the week ending 21 February 2024, including: updated HMRC guidance on the evidence required to make a claim for a creative industry tax relief; the publication of a discussion paper on tax thresholds; a warning from HMRC to watch out for fake tax refund offers; updated insolvency guidance; […]

Tax news in brief 14 February 2024

Highlights from the broader tax news for the week ending 14 February 2024, including: rates and thresholds to be used by employers for 2024/25; the opportunity to join a HMRC webinar on its litigation and settlement strategy; and action required to continue as a user of the agent forum. Rates and thresholds for employers for […]

Tax news in brief 7 February 2024

Highlights from the broader tax news for the week ending 7 February 2024, including: an update from HMRC on postmasters and self assessment; the transition to CDS for exports; and consultations on changes relevant to alcohol duty and legacy public service pension schemes. Horizon data and self assessment HMRC has updated its guidance for postmasters […]

Energy saving materials relief extended from February 2024

The VAT zero rate will be extended to more energy saving materials. The relief will also be available for installations in certain charity buildings. Following the Spring Budget 2023, HMRC launched a call for evidence seeking views on whether the VAT zero rate for the installation of energy saving materials (ESMs) should be extended. The call […]

Tax news in brief 22 February 2023

Highlights from the broader tax news for the week ending 22 February 2023, including: nudge letters for R&D claimants; HMRC’s stakeholder conference; and reminders from HMRC’s latest Agent Update and Employer Bulletin. HMRC prompts R&D tax relief claimants to check their claims Letters were sent to 2,024 companies towards the end of January 2023 to […]

Tax news in brief 15 February 2023

Highlights from the broader tax news for the week ending 15 February 2023, including: Royal Assent of the Stamp Duty Land Tax (Temporary Relief) Act. Stamp Duty Land Tax (Temporary Relief) Act: Royal Assent Royal Assent was granted on 8 February 2023. The legislation increases the nil-rate thresholds for residential stamp duty land tax (SDLT) […]

Tax news in brief 8 February 2023

Highlights from the broader tax news for the week ending 8 February 2023, including: managing staff access in the agent services account; annual tax on enveloped dwellings chargeable amounts for 2023/24; mandatory disclosure reporting; change to when postponed import VAT statements are available online; change to union customs code supplementary declaration submission date; updated transit […]