Tax news in brief 27 March 2024

[ad_1] Highlights from the broader tax news for the week ending 27 March 2024, including: NIC cuts effective from 6 April 2024; guidance on full-expensing; statutory notices to be sent to fishing boat owners; VAT refunds for museums and galleries; and how to recognise genuine contact from HMRC. National Insurance Contribution (NIC) cuts effective from […]

Tax news in brief 20 March 2024

[ad_1] Highlights from the broader tax news for the week ending 20 March 2024, including: HMRC’s framework for large businesses; new secondary legislation applying across a range of areas, including the off-payroll rules; maps of investment zones; and updated guidance on genuine HMRC contact. HMRC’s framework for co-operative compliance HMRC has published a set of […]

Tax news in brief 13 March 2024

[ad_1] Highlights from the broader tax news for the week ending 13 March 2024, including: the publication of legislation providing for the Spring Budget NIC cuts; changes made by secondary legislation across a range of areas, including R&D tax relief, PAYE and CIS; new HMRC guidance on ISAs; and the opportunity to claim a refund […]

Tax news in brief 7 March 2024

[ad_1] Highlights from the broader tax news for the week ending 7 March 2024, including: commencement arrangements for the new merged scheme for R&D tax relief; the roll-out of one government login; and updated guidance from HMRC on when and how it will contact taxpayers. Start date confirmed for merged R&D tax relief Regulations have […]

Tax news in brief 29 March 2023

[ad_1] Highlights from the broader tax news for the week ending 29 March 2023, including: VAT penalty notices; the removal of the lifetime allowance; making MDR reports; Welsh Freeports; LBTT relief for green freeports; and an LBTT webinar series. VAT penalty points notices for agents HMRC is starting to issue VAT penalty notices to taxpayers […]

Tax news in brief 22 March 2023

[ad_1] Highlights from the broader tax news for the week ending 22 March 2023, including: reporting issues with the CDS; and EMI changes. Reporting issues with the Customs Declaration Service Traders or their agents who encounter problems using the Customs Declaration Service (CDS) to move goods across the border can now report the problem using […]

Tax news in brief 15 March 2023

[ad_1] Highlights from the broader tax news for the week ending 15 March 2023, including: Finance Bill; holiday pay calculations; HMRC interim Adjudicator; ESS disclosures; VAT guidance for overseas sellers; CDS cash account help; and NAO report on child trust funds. Finance Bill The government has announced that the Spring Finance Bill 2023 will be […]

Tax news in brief 8 March 2023

[ad_1] Highlights from the broader tax news for the week ending 8 March 2023, including: the official rate of interest; payrolling benefits deadline; updated off-payroll working guidance; and changes to the VAT treatment of local authority leisure services. Official rate of interest to increase from April 2023 The official rate of interest, which applies to […]

Tax news in brief 1 March 2023

[ad_1] Highlights from the broader tax news for the week ending 1 March 2023, including: advisory fuel rates; stamp taxes newsletter; HMRC’s SDLT postcode; arrests connected with Euro Pacific bank; ATED revaluations; and economic crime levy guidance. Latest advisory fuel rates published HMRC has published the first quarterly advisory fuel rates for 2023. From 1 […]