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Weekly roundup of HMRC import, export and customs guidance: 18 November 2024

Details of updates to HMRC import, export and customs guidance for the period from 12 to 18 November 2024.

18 Nov 2024 00:00 | Published by a

Tax news roundup: 18 November 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

18 Nov 2024 00:00 | Published by a

Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024

The Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 has received Royal Assent.

18 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

OECD Secretary-General Tax Report to G20 Leaders

This report sets out recent developments in international tax reform and covers progress made on the implementation of the BEPS minimum standards and tax transparency, as well as updates on tax policy, tax and inequality and tax administration.

18 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/1167 The Pensions (Abolition of Lifetime Allowance Charge etc) (No. 3) Regulations 2024

SI 2024/1167: Amendments are made to the Finance Act 2004 (FA 2004), the Taxation of Pension Schemes (Transitional Provisions) Order 2006, SI 2006/572, and the Registered Pension Schemes (Authorised Payments) Regulations 2009, SI 2009/1171 to make further consequential provision in connection with the removal of the lifetime allowance and the lifetime allowance charge by the Finance (No 2) Act 2023 and the FA 2004. They come into force on 18 November 2024. (Updated from draft on 18 November 2024.)

18 Nov 2024 00:00 | Published by a Tolley Employment Tax expert

Weekly Roundup HMRC Manuals: 18 November 2024

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

18 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/1158 The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2024

These Regulations extend by 12 months the transitional arrangements for Gibraltar based firms to provide financial services in the United Kingdom. They will come into force on 16 December 2024.

15 Nov 2024 00:00 | Published by a

Romania: tax treaties

The 2024 UK-Romania Double Taxation Agreement has been published by HMRC.

14 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

SI 2024/1153 Penalties for Failure to Pay Tax (Schedule 26 to the Finance Act 2021) (Assessments) Regulations

These Regulations correct an anomaly in the original Making Tax Digital penalties legislation, to make sure that HMRC can assess the second late-payment penalty before the tax due has been paid in full.

14 Nov 2024 00:00 | Published by a Tolley Owner-Managed Businesses expert

Finance Bill 2025 published

Published on 7 November 2024, Finance Bill 2025 includes many of the Autumn Budget announcements, with a revised version of the legislation to replace the tax treatment of resident but non-UK domiciled individuals.

14 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

National Insurance Contributions (Secondary Class 1 Contributions) Bill

The Government has published the NIC Bill to implement changes announced at Autumn Budget 2024.

14 Nov 2024 00:00 | Published by a Tolley Employment Tax expert

SI 2024/1145 The Value Added Tax (Refund of Tax to the East Midlands Combined County Authority) Order 2024

This instrument enables the East Midlands Combined County Authority to claim a refund of VAT incurred on goods and services purchased for its non-business activities.

13 Nov 2024 00:00 | Published by a Tolley Value Added Tax expert

SI 2024/1144 The Value Added Tax (Refund of Tax to the Health Services Safety Investigations Body) Order 2024

This instrument enables the Health Services Safety Investigations Body (HSSIB) to recover VAT incurred in cost-sharing arrangements.

13 Nov 2024 00:00 | Published by a Tolley Value Added Tax expert

SI 2024/1132 Finance Act 2021 (Schedule 26 Second Penalty Assessments) (Appointed Day: Regulation Making Power) Regulations 2024

Certain provision of the Finance Act 2021 (the 2021 Act) comes into force on 12 November 2024

12 Nov 2024 00:00 | Published by a Tolley Personal Tax expert

Weekly Roundup HMRC Manuals: 11 November 2024

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

11 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC import, export and customs guidance: 11 November 2024

Details of updates to HMRC import, export and customs guidance for the period from 29 October to 11 November 2024.

11 Nov 2024 00:00 | Published by a

Tax news roundup: 11 November 2024

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

11 Nov 2024 00:00 | Published by a

Bonus rates for SAYE share option schemes

HMRC has updated its bonus rates for SAYE Share Option Schemes

08 Nov 2024 00:00 | Published by a Tolley Employment Tax expert

HMRC guidance: Patent box computations

HMRC have published Guidelines for Compliance for qualifying companies who have elected into the Patent Box tax treatment.

08 Nov 2024 00:00 | Published by a Tolley Corporation Tax expert

HMRC guidance: Apprenticeship Levy and Employment Allowance

HMRC have published Guidelines for Compliance for employers reporting their Apprenticeship Levy liability and claiming Employment Allowance

08 Nov 2024 00:00 | Published by a Tolley Employment Tax expert

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Payment of tax due under self assessment

Payment of tax due under self assessmentNormal due dateIndividuals are usually required to pay any outstanding income tax, Class 2 and Class 4 national insurance, and capital gains tax due for the tax year by 31 January following the end of the tax year (ie 31 January 2025 for the 2023/24 tax year).

14 Jul 2020 12:52 | Produced by Tolley Read more Read more

VAT on property disposals

VAT on property disposalsThis guidance note provides an overview of the VAT treatment of selling property that is located in the UK. The UK includes Great Britain, Northern Ireland and the territorial sea of the UK. The sale of any land or building located outside the UK is outside the scope of UK

14 Jul 2020 13:57 | Produced by Tolley Read more Read more

Substantial shareholding exemption ― overview

Substantial shareholding exemption ― overviewThe substantial shareholdings exemption (SSE) provides a complete exemption from the liability to corporation tax on the gains generated from qualifying disposals of shares and interests in shares by qualifying companies. No claim is required. Provided

14 Jul 2020 13:44 | Produced by Tolley Read more Read more