HMRC manual changes: 18 July 2025

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

Direct taxes

Manual	Page	Comments
Banking Manual	Updated: BKM404200 BKM404300 BKM404500 BKM404700	Various updates noting that the banking surcharge annual allowance increased from £25m to £100m from 23 April 2023.
Capital Allowances Manual	Updated: CA20015	The guidance on claiming capital allowances where the qualifying activity is an office or employment has been updated to: • remove the references to restrictions on claiming PMAs for motor vehicles and cycles (this statement has been moved to CA23070) • remove the statement that for other assets an employee or office holder cannot claim PMAs unless the asset is ‘necessarily provided’ for use in the...

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

Direct taxes

Manual	Page	Comments
Banking Manual	Updated: BKM404200 BKM404300 BKM404500 BKM404700	Various updates noting that the banking surcharge annual allowance increased from £25m to £100m from 23 April 2023.
Capital Allowances Manual	Updated: CA20015	The guidance on claiming capital allowances where the qualifying activity is an office or employment has been updated to: • remove the references to restrictions on claiming PMAs for motor vehicles and cycles (this statement has been moved to CA23070) • remove the statement that for other assets an employee or office holder cannot claim PMAs unless the asset is ‘necessarily provided’ for use in the...