Finance Bill progress
Finance (No.2) Bill 2023 completed its remaining stages in the House of Lords on 4 July and is on course for royal assent before 20 July.
Retained EU Law Bill
The Retained EU Law (Revocation and Reform) Bill 2022/23 that gives domestic legislation priority over retained direct EU legislation from the end of 2023 has received royal assent.
Economic crime levy
HMRC has published a new guidance page on how to submit a return for the economic crime levy, the first returns being required by 30 September.
Gilt-edged securities
The Taxation of Chargeable Gains (Gilt-edged Securities) Order SI 2023/710 specifies seven Treasury gilts as ‘gilt-edged securities’ and are not therefore subject to capital gains tax or, for companies, corporation tax.
National Insurance
The Social Security (Contributions) (Amendment No 4) Regulations SI 2023/751 that extend the deadline for paying voluntary National Insurance contributions for tax years between 6 April 2006 and 5 April 2018 to 5 April 2025 come into force on 26 July.
Pension schemes newsletter
The June newsletter 151 provides articles on the annual allowance calculator, the abolition of the lifetime allowance and managing pension schemes service.
One stop shop scheme
HMRC has published a notice on how to notify changes to information supplied on an application for registration for the one stop shop scheme.
