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VAT
HMRC has published a manual containing the VAT tertiary legislation.
Making tax digital
The guidance on penalties for taxpayers who voluntarily join the making tax digital for income tax self-assessment service has been updated to confirm that where a time-to-pay arrangement is made within 15 days of the due date it will prevent a late payment penalty as long as the taxpayer upholds the agreement.
Compliance
The International Tax Compliance (Amendment) Regulations SI 2024/544 amend SI 2015/878 to give effect to arrangements reached between the UK and other jurisdictions in relation to international tax compliance.
Corporation tax
The Mutual Societies (Transfers of Business) (Tax) (Amendment) Regulations SI 2024/555 amend SI 2009/2971 to reflect the provisions in CTA 2010 on the use of carried forward trade losses in the event of transfers of trade.
Sporting exemption
The Major Sporting Events (Income Tax Exemption) (2024 UEFA Champions League Final) Regulations SI 2024/546 provide an exemption from UK...
