HMRC manual changes: 24 March 2023

Direct taxes

Manual	Page	Comments
Company Taxation Manual	Updated: CTM03955	Update to the guidance on apportionment to notional accounting periods for the purposes of the small profits rate in respect of periods straddling 1 April 2023 and inclusion of example involving chargeable gains.
Employment Related Securities Manual	Updated: ERSM163200	Minor amendment to clarify in the context of internationally mobile employees that If there is a reportable event such as the exercise of an employment-related securities option the ‘other’ template (previously Form 42) must be completed see ERSM140000 onwards).
Inheritance Tax Manual	Updated: IHTM04142	Added content on the IHT relief in respect of payments made under the Post Office Horizon Compensation Scheme and Infected Blood Interim Compensation...

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Direct taxes

Manual	Page	Comments
Company Taxation Manual	Updated: CTM03955	Update to the guidance on apportionment to notional accounting periods for the purposes of the small profits rate in respect of periods straddling 1 April 2023 and inclusion of example involving chargeable gains.
Employment Related Securities Manual	Updated: ERSM163200	Minor amendment to clarify in the context of internationally mobile employees that If there is a reportable event such as the exercise of an employment-related securities option the ‘other’ template (previously Form 42) must be completed see ERSM140000 onwards).
Inheritance Tax Manual	Updated: IHTM04142	Added content on the IHT relief in respect of payments made under the Post Office Horizon Compensation Scheme and Infected Blood Interim Compensation...