The government is proposing to change the basis period rules from a current year to a tax year basis. The transition would take place from 2022-23 and the changes would come into...
The normal minimum pension age - the minimum age at which most pension savers can access their pensions without incurring an unauthorised payments tax charge unless they are...
New legislation will be introduced to make offences of the possession, making, supplying and promotion of electronic sales suppression (ESS) software or hardware.In addition, new...
HMRC has increased its investigations work after the temporary reallocation of its resources during the pandemic, according to its quarterly performance report for...
Sporting exemptionThe Major Sporting Events (Income Tax Exemption) (2021 UEFA Super Cup) Regulations SI 2021/882 provide for an exemption from income tax on income earned in the UK...
HMRC has updated its guidance for advisers on how to register as an agent with HMRC, how to change or remove agent authorisations and how to give staff access to the...
Provisional performance results for financial year 2020-21 reveal that HMRC collected £191bn in tax during quarter four, compared with the £176.4bn collected during the...
A new consultation has been launched to align the fees for professional and non-professional applicants of probate into a single fee of £273. The Ministry of Justice proposes...
The government should not make it compulsory for small businesses to move to more frequent payment of tax, says the Association of Taxation Technicians. This is in response to a...
Agent updateThe July edition of HMRC’s Agent update is available. It includes articles on the pandemic support schemes, the VAT reverse charge on construction and building...
Businesses can claim relief from stamp duty land tax when buying any land or buildings in a designated freeport tax site as long as particular conditions are met.The qualifying...
Fully 130 countries and jurisdictions, representing more than 90% of global GDP, have signed up to the Organisation for Economic Co-operation and Development statement establishing...