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Land Transaction Tax for non-residential and mixed use property

The Welsh Revenue Authority has published new guidance on Land Transaction Tax (LTT) rates for non-residential or mixed use property or land in Wales.

27 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 26 July 2021

26 July 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

26 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

SI 2021/882 The Major Sporting Events (Income Tax Exemption) (2021 UEFA Super Cup) Regulations 2021

These Regulations provide for an exemption from income tax on income earned in the UK in connection with the 2021 UEFA Super Cup football match which is due to be held in Belfast on 11 August.

22 Jul 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

CIOT response: Residential Property Developer Tax

The Chartered Institute of Taxation (CIOT) has responded to the Treasury鈥檚 consultation on residential property developer tax.

22 Jul 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Call to delay major change to how profits are taxed

The Association of Taxation Technicians (ATT) is calling for a delay to a major change in how trading profits are assessed for tax purposes, as well as appealing for extension of the consultation period and a clear roadmap leading up to the introduction of the basis period proposals.

21 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

CIOT response to audit market consultation: tax should be considered separately

The Chartered Institute of Taxation (CIOT) and Association of Taxation Technicians (ATT) have responded to the Department for Business, Energy & Industrial Strategy (BEIS) consultation on restoring trust in audit and corporate governance.

21 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

CC/FS43: Compliance checks: penalties for enablers of defeated tax avoidance

HMRC has updated its factsheet on the penalties it may charge for enablers of tax avoidance which are subsequently defeated to reflect changes made by

21 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

Law Society response: Timely payment call for evidence

The Law Society has responded to HMRC鈥檚 call for evidence on timely payment for income tax self-assessment and corporation tax for small companies.

20 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

Legislation Day 2021 summary

The initial draft clauses for the 2022 Finance Act were published on 20 July 2021 and include more detail on previously announced proposals. Whilst the Government refers to it as draft legislation for Finance Bill 2021/22, in this commentary, for clarity, it is referred to as Draft Finance Bill 2022. The final contents of the Bill will be subject to confirmation at a later date, expected to be in the Autumn, though it is uncertain whether this will be combined with an Autumn Budget.

20 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Tax administration framework: supporting a 21st century system

The Chartered Institute of Taxation (CIOT) has published its response to the HMRC call for evidence on the tax administration framework: supporting a 21st century system.

19 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

National Insurance and social security: updated guidance on workers from the UK working in the EEA or Switzerland

HMRC has updated its guidance with further information about what to do for individuals who normally work in the UK or the EU, but their work location has changed temporarily because of COVID-19 related travel restrictions.

19 Jul 2021 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 19 July 2021

19 July 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

19 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

More frequent tax payment proposal for small businesses worries ATT

The Association of Taxation Technicians (ATT) has responded to a government consultation on bringing tax payments for small businesses closer to the point where the income or profit arises.

16 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

Tax debt, government lending schemes and Company Voluntary Arrangements (CVAs)

HMRC has published a paper setting out its approach to dealing with tax debt for individuals and businesses and those concerned about their ability to pay their tax due.

16 Jul 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Updated HMRC guidance: Tax avoidance: general anti-abuse rule

HMRC has updated its general anti-abuse rule (GAAR) guidance with effect from 16 July 2021.

16 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

HMRC guidance: CJRS updates

HMRC has updated its guidance with information about the changes to the Coronavirus Job Retention Scheme (CJRS) from 1 August 2021 and claims for furlough days in July 2021.

16 Jul 2021 00:00 | Published by a Tolley Employment Tax expert

Publishing details of deliberate tax defaulters (PDDD1)

HMRC has updated the PDDD1 letter it sends out before publishing a taxpayer鈥檚 details following a deliberate inaccuracy penalty.

14 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

Plea for new tax rules to fit with digital systems

The Association of Taxation Technicians (ATT) has called for tax policies and legislation to develop in parallel with any new digital systems to avoid placing more burdens on, or adding to the frustrations of, taxpayers.

14 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on managing a trust's details

HMRC has updated its guidance for trustees on authorising an agent to access the trust.

13 Jul 2021 18:30 | Published by a Tolley Trusts and Inheritance Tax expert

Weekly roundup of HMRC manual changes: 12 July 2021

12 July 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

12 Jul 2021 00:00 | Published by a Tolley Corporation Tax expert

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