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These Regulations amend the Income Tax (Pay As You Earn) Regulations 2003 (SI 2003/2682) with effect from 6 April 2024 to simplify the reporting process for employers in respect of salary advances made to employees.

11 March 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The government has published the National Insurance Contributions (Reduction in Rates) (No.2) Bill.

These Regulations amend SI 2022/255 to clarify two areas of the Regulations.

The Regulations make provision in consequence of SI 2024/247 which provide for the annual up-rating of Guardian’s Allowance, amongst other things.

These Regulations amend the various paternity and adoption leave regulations to make changes to the way in which the statutory entitlement to paternity leave is exercised. They are part of a package of legislative changes to statutory rights to paternity leave and pay.

These Regulations amend the ITEPA 2003, Ch 5, Pt 10 to disregard from earnings two new social security benefit payments in order to exempt them income tax.

The Order fulfils the statutory duty of the Secretary of State to review the rates of social security benefits and provides for the up-rating of certain benefits.

HMRC has published the March 2024 Lifetime allowance newsletter to update stakeholders on the latest news for pension schemes.

These Regulations amend SI 2001/1004 to disregard from earnings two new social security benefit payments in order to exempt them from Class 1 National Insurance Contributions (NICs).

HM Treasury (HMT) has updated its technical note that describes the changes to the taxation of non-UK domiciled individuals applying from 6 April 2025 as announced in the Spring Budget 2024. The Overseas Workday Relief (OWR) section has been updated to clarify that employees who are eligible for OWR in 2023/24 or 2024/25 for their first year since returning to the UK should still be able to claim OWR for the full three years.

The 6 March 2024 Spring Budget announced a further 2 percentage point cut in NICs for employees and the self-employed, although the income tax thresholds remain frozen. The government is also consulting on potential regulation of the tax advice market.

These Regulations are the second commencement regulations made under the Economic Crime and Corporate Transparency Act 2023.

4 March 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

These regulations set the annual rates of Working Tax Credit and Child Tax Credit from 6 April 2024, and the weekly rate of Child Benefit and Guardian’s Allowance from 8 April 2024.

HMRC has updated its guidance on how to register a charity for tax, taxpayer’s obligations, and any reliefs or exemptions available.

These Regulations give effect to the annual re-rating of various National Insurance contributions rates, limits and thresholds from 6 April 2024.

HMRC has updated its recently published lifetime allowance newsletter.

The Scottish Parliament has approved the 2024-25 Scottish Budget.

23 February 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors