A new £163m investment in HMRC’s debt management team announced by the chancellor at the Autumn Statement will help the tax authority to recoup an additional...
The government has announced the rates of the national living wage (NLW) and national minimum wage (NMW) which will come into force from April 2024. In doing so, it has accepted in...
HMRC has announced new fuel rates for company cars. They apply to all journeys on or after 1 December 2023, until further notice.For one month from the date of change, employers...
The chancellor announced at the Autumn Statement 2023, that the government intends to make full expensing permanent.Introduced at Spring Budget 2023, temporary full expensing...
The National Insurance Contributions (Reductions in Rates) Bill has been published to make changes to the main rates of class 1 and class 4 National Insurance contributions, and...
VAT DIY builders
The VAT (Refunds to ‘Do-It-Yourself’ Builders) (Amendment of Method and Time for Making Claims) Regulations SI 2023/1201 extend the time limit for...
Taxpayers who incorporated their property business in 2017-18 but reported no capital gains tax liability on their self-assessment tax return on the basis that incorporation relief...
HMRC has published the November Agent Update which provides technical news and reminders. Articles in this issue include an update on UK implementation of global tax reform,...
The approach to indirect tax compliance by almost three quarters of global businesses is risk prone, according to Vertex Inc, a global provider of tax technology solutions.A survey...
In September 2023 the professional bodies - the Chartered Institute of Taxation, Association of Taxation Technicians, Low Incomes Tax Reform Group, Institute of Chartered...
Scottish carer supportThe Income Tax (Tax Treatment of Carer Support Payment and Exemption of Social Security Benefits) Regulations, SI 2023/1148 make amendments and modify ITEPA...
Taxpayers building their own home will be able to submit DIY housebuilders' VAT refund claims digitally, HMRC has confirmed.HMRC has published a policy paper announcing that...