How to tax interest paid by public service pensions schemes

[ad_1] HMRC has provided guidance on the tax treatment of interest paid under the public service pensions remedy. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as an activity to […]

Government consults on options to reform tax administration

[ad_1] The government has published a call for evidence on HMRC’s enquiry and assessment powers, penalties, and safeguards. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as an activity to […]

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 […]

New nomination section for some tax relief claims

[ad_1] The print and post claims for employment expenses and marriage allowance include a new nomination section from 26 February 2024. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as […]

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 […]

ICAEW calls on the next government to simplify tax system

[ad_1] ICAEW recommends the publication of a tax simplification roadmap and investment in HMRC to improve performance and digital services. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as an […]

Tax Faculty responds to LTT freeports consultation

[ad_1] The draft legislation may not give the Welsh government’s intended outcome for full and partial LTT relief for special tax sites. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article […]

HMRC consults on guidance for R&D tax reliefs

[ad_1] HMRC has published draft guidance for consultation on R&D tax reliefs for overseas expenditure and contracted-out R&D. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as an activity to […]

NAO’s recommendations in HMRC’s monitoring of tax reliefs

[ad_1] The NAO has published its findings and recommendations on how HMRC monitors the effectiveness of ‘non-structural’ tax reliefs. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article as an activity […]

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 […]