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On 29 July, chancellor of the exchequer Rachel Reeves delivered a statement to parliament on the state of public spending. She said she will deliver a Budget on 30 October,...

Two new compensation payments will be exempt from tax and be relieved from inheritance tax. The Horizon Convictions Redress Scheme and Horizon Shortfall Scheme (HSS) Fixed Sum...

1 September 2024Payment of corporation tax liabilities for periods ended 30 November 2023 if not liable to pay by instalments.Check HMRC website for changes to car mileage fuel...

HMRC must clarify the rules around the tax exemption for workplace nursery benefit schemes after some promoters incorrectly promised tax breaks for those buying childcare places,...

The president of the Upper Tribunal (Tax and Chancery Chamber) has issued guidance on the publication of decisions of that chamber.The following decisions will be published:final...

At a roundtable discussion at the Treasury on 24 July, a range of external stakeholders, including the Association of Taxation Technicians, discussed their priorities for the tax...

The value of cash gifts given away by people in the UK rose to £2.1bn in 2020-21, marking a 40% increase from £1.5bn in 2016-17, according to data from TWM Solicitors,...

The number of companies forced to close following petitions presented by creditors jumped 63% to 2,067 in 2023, up from 1,265 in 2022, according to statistics from the Royal Courts...

Form P1000 onlineHMRC has published form P1000 online – it was previously only available on request from HMRC. The form is used to advise HMRC of the personal representatives on a...

The latest appointments this month.

HMRC has published Agent Update 121. It contains a variety of updates and reminders such as the guidelines on football agents’ fees and dual representation contracts, basis...

Among the planned 40 new bills announced in the King’s speech was a new law giving the Office for Budget Responsibility – the independent watchdog for public finances -...

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