Beneficial loansThe official rate of interest on beneficial loans will remain at 2.25%, HMRC has confirmed.tinyurl.com/hmrcofficialratesPAYEHMRC has published an update to CWG2...
A common user charge (CUC) will come into effect from 30 April 2024, the Department for Environment, Food and Rural Affairs (DEFRA) has confirmed. Its introduction follows...
Following continued examination of the Pandora Papers data, HMRC has started sending another tranche of letters to wealthy individuals whom it suspects may have additional tax...
The Welsh government is consulting on proposals to abolish land transaction tax multiple dwellings relief. This comes in light of the UK government's decision to abolish stamp duty...
Labour has appointed an expert panel to advise on the party’s work on improving tax compliance and modernising HMRC.Shadow chancellor Rachel Reeves recently announced plans...
Taxation has been alerted to lengthy delays by HMRC in processing some VAT error corrections which relate to overpayments made on past returns. HMRC has confirmed a...
1 May 2024
Payment of corporation tax liabilities for accounting periods ended 31 July 2023 for small and medium-sized companies not liable to pay by instalments.
New VAT fuel...
HMRC has published its trusts and estates newsletter for March 2024. It contains information on the Spring Budget 2024 announcements including a reminder that, since 1 April 2024,...
HMRC and the Treasury are consulting on proposals for the design and administration of the UK carbon border adjustment mechanism (CBAM) from 1 January 2027. It will apply to...
HMRC has issued guidance on the new late-filing and late-payment penalties regime that will apply to taxpayers who sign up to making tax digital for income tax self-assessment (MTD...
HMRC’s latest employer bulletin includes articles on the National Insurance contributions rate changes from 6 April 2024, PAYE settlement agreement payment, starting the new...
Takeaways across England have been subject to unannounced inspections as part of HMRC’s investigation into electronic sales suppression (ESS).The action by HMRC officers took...