HMRC manual changes: 10 March 2023

Direct taxes

Manual	Page	Comments
Business Income Manual	Updated: BIM81015 and BIM81000	A note has been added to these pages informing taxpayers that ‘the basis period rules are changing in 2023/24 which may mean that the guidance in these pages may not apply from the tax year 2023/24 (depending on your circumstances)’ Taxpayers are directed to BIM81230–BIM81360 (for guidance on the transitional year in 2023/24) and to BIM81201 (for the year 2024/25 and onward).
International Manual	Updated: INTM524040	Amendments made to HMRC’s description of the meaning of credit ratings issued by Standard and Poor’s and Moody’s.
Inheritance Tax Manual	Updated: IHTM28100	Added to content on Liabilities an additional exception to the rules relating to overseas...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this article in full.

Direct taxes

Manual	Page	Comments
Business Income Manual	Updated: BIM81015 and BIM81000	A note has been added to these pages informing taxpayers that ‘the basis period rules are changing in 2023/24 which may mean that the guidance in these pages may not apply from the tax year 2023/24 (depending on your circumstances)’ Taxpayers are directed to BIM81230–BIM81360 (for guidance on the transitional year in 2023/24) and to BIM81201 (for the year 2024/25 and onward).
International Manual	Updated: INTM524040	Amendments made to HMRC’s description of the meaning of credit ratings issued by Standard and Poor’s and Moody’s.
Inheritance Tax Manual	Updated: IHTM28100	Added to content on Liabilities an additional exception to the rules relating to overseas...