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HMRC has published a new factsheet about corresponding with HMRC electronically using email or Dropbox, including the risks involved.

HMRC has published Agent Update issue 120 (15 May 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The National Audit Office (NAO) has published a report that examines the extent to which HMRC is well-placed to provide the services that taxpayers need within its planned resources.

The CIOT has published its respons to the HMRC call for evidence on the Tax Administration Framework Review: enquiry and assessment powers, penalties, safeguards.

The CIOT has commented on the draft legislation on improving the data HMRC collects from its customers.

These Regulations extend the applicable sunset date for special tax sites.

HM Treasury has published details of upcoming listening events on the reform of the tax regime for non-UK domiciled individuals announced at Spring Budget 2024.

At Tax Administration and Maintenance Day on 18 April 2024, the UK government launched consultations on the impact of the Uber VAT decisions and a new administrative requirement for employers in freeport and investment zone tax sites, committed to publishing further detail on options to tackle umbrella company non-compliance, and set out its intention to consult on VAT relief for low-value goods donated to charity.

HMRC has published agent update: issue 119 (17 April 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The CIOT has advised that, following continued risking of the Pandora Papers data, a further tranche of letters is being issued by HMRC to some wealthy individuals from the week commencing 8 April 2024, and they will include an extended response period of 60 days.

HMRC has issued new guidance on how to work out the number of quarters when inheritance tax is charged on a trust for certain chargeable events.

HMRC has published its Trusts and Estates Newsletter for March 2024.

HMRC has confirmed that proposals to reduce the availability of several taxpayer helplines have been put on hold.

Finance (No 2) Bill was published on 13 March 2024.

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.

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

These Regulations provide for exemptions from income tax and capital gains tax (CGT) for payments made under three compensation schemes.

Royal Assent to the Finance Act was notified in the House of Lords on 22 February 2024

HMRC has published Agent Update issue 117 (21 February 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

HMRC has launched a consultation to welcome views on how a range of topics relating to HMRC’s enquiry and assessment powers, penalties, and safeguards could be reformed.