Tax news in brief 17 April 2024

[ad_1] Highlights from the broader tax news for the week ending 17 April 2024, including: how Labour intends to close the tax gap; a change to the form for reporting a residential property gain; and new HMRC guidance for employers on giving foreign tax relief. Labour’s plan to close the tax gap The Labour Party […]

Tax news in brief 10 April 2024

[ad_1] Highlights from the broader tax news for the week ending 10 April 2024, including: advance notification of disruption to HMRC services; advice for large businesses on contacting HMRC; and updated HMRC guidance on the process for claiming in-year refunds of CIS deductions. Some HMRC services unavailable between 12th and 16th April HMRC has advised […]

Tax news in brief 3 April 2024

[ad_1] Highlights from the broader tax news for the week ending 3 April 2024, including a webinar on R&D tax relief from HMRC and updated HMRC guidance on when it will contact taxpayers. HMRC webinar on R&D tax relief HMRC’s next live webinar on research and development (R&D) tax relief will take place on 9 […]

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 28 February 2024

[ad_1] 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 […]

Tax news in brief 21 February 2024

[ad_1] 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 […]

Tax news in brief 14 February 2024

[ad_1] 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 […]