Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

In brief: 20 February 2020

17 February 2020
Issue: 4732 / Categories: News

Making tax digital

HMRC has confirmed that sole traders and UK-resident landlords can sign up to making tax digital for income tax using compatible software to keep digital records and send income tax updates instead of filing self-assessment tax returns.

Negligible value

HMRC has accepted ordinary 5p shares in Weatherly International plc as having negligible value for capital gains tax purposes under TCGA 1992 s 24(2). The effective date is 29 Jul 2018.

Employer related securities bulletin

The February edition of HMRC’s Employer related securities bulletin includes articles on: enterprise management incentives state aid approval during the transition period; registering new employment related securities schemes; ceasing schemes; and HMRC contact details.

Short-term business visitors

The Income Tax (PAYE) (Amendment) Regulations SI 2020/88 introduce changes to the special arrangement for short-term business visitors from overseas branches of UK companies. From 6 April 2020 ...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon