Tax news in brief 7 February 2024

[ad_1] 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 […]

Tax news in brief 31 January 2024

[ad_1] Highlights from the broader tax news for the week ending 31 January 2024, including: Finance Bill 2023-24 amendments; the administration of Scottish and Welsh income tax; changes to insolvency guidance for VAT; and updated HMRC guidance relating to collective investment vehicles. Government amendments to Finance Bill 2023-24 The government has tabled a number of […]

Tax news in brief 24 January 2024

[ad_1] Highlights from the broader tax news for the week ending 24 January 2024, including: time to pay arrangements; preparing for changes on moving goods from Ireland to Great Britain; HMRC research on VAT penalty reform; insolvency guidance on operating PAYE; and updates to the process for applying for probate. Agreeing a payment plan with […]

Tax news in brief 17 January 2024

[ad_1] Highlights from the broader tax news for the week ending 17 January 2024, including: more on the Customs Declaration Service; an update for insolvency practitioners on the VAT deregistration process; a reminder for taxpayers to use the HMRC app to find employment information; and the publication of further pillar two guidance. Moving to the […]

Tax news in brief 10 January 2024

[ad_1] Highlights from the broader tax news for the week ending 10 January 2024, including: using agent reference numbers; submitting bank and building society returns; and VAT on electric vehicle recharging. User of the agent reference number in HMRC processes Alongside the introduction of the agent services account (ASA), HMRC introduced a unique identifier for […]

Tax news in brief 3 January 2024

[ad_1] Highlights from the broader tax news for the three weeks ending 3 January 2024, including: Budget date; council tax changes for Scotland; and plastic packaging tax g-Form for insolvency practitioners. Budget day Spring Budget 2024 will be held on 6 March 2024. The portal for making representations will close on 24 January. Read more. […]

Tax news in brief 13 December 2023

[ad_1] Highlights from the broader tax news for the week ending 13 December 2023, including: HMRC’s PAYE and NIC calculator; crypto educational emails; feedback on HMRC’s Annual Report and Accounts; and the ABAB annual report. Using HMRC’s PAYE and NIC calculator  Paragraph 1.7 of CWG2: further guide to PAYE and National Insurance contributions has been […]

Tax news in brief 29 November 2023

[ad_1] Highlights from the broader tax news for the week ending 29 November 2023, including: HMRC’s compliance professional standards; VAT group registration delays; advisory fuel rates; and changes to HMRC’s Apprenticeship Levy Manual. HMRC webinars on compliance and professional standards HMRC is holding webinars to explain its compliance professional standards. The hour long webinars will […]

Tax news in brief 23 November 2023

[ad_1] Highlights from the broader tax news for the week ending 23 November 2023, including: VAT on local authority supplies of sporting services; reclaiming tax paid on loans to participators; income record viewer update; and gift holdover relief claims. VAT on local authority supplies of sporting services Following decisions in the local authority cases of […]

Tax news in brief 15 November 2023

[ad_1] Highlights from the broader tax news for the week ending 15 November 2023, including: removal of paper VAT1 form; changes to customs rules; Scottish Budget date; Welsh Budget publication; and a new Financial Secretary to the Treasury. Paper VAT1 form removed HMRC has removed the paper VAT1 form, used to apply for a UK […]