Market leading insight for tax experts
View online issue

HMRC manual changes: 10 May 2024

Direct taxes  

Manual  Page  Comments 
Banking Manual Updated: BKM401400 and BKM404100 The guidance has been updated to note that from 1 April 2023 the banking surcharge annual allowance increased from £25m to & £100m.
Business Income Manual Updated: BIM52765 BIM52790 and BIM52795 Updated guidance and examples in relation to calculating ‘qualifying care relief’.
Capital Gains Manual Updated: CG45310 Guidance on no gain/no loss transfers in groups including non-UK resident companies updated to confirm that TMA 1970 Sch 3ZC (which provides an option to defer payment of the tax that arises on a transfer to an EU group member where a similar transfer to a UK group member would not trigger a gain) is no longer...

If you or your firm subscribes to, 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.