NEWS

The Finance Bill passed report stage in the House of Commons on 5 February 2024. The government had proposed several amendments and all were passed and have now been included in the final version of the Bill.It is worth noting that New Clause...

HMRC have published an update on its investigations concerning the corporate criminal offence of the failure to prevent the facilitation of tax evasion. As at 1 January 2024, there are currently 11 live CCO investigations, although no charging...

HMRC’s latest Stakeholder Digest (30 January 2024) picks up on a joint campaign by HMRC and the Advertising Standards Authority to clamp down on advertisements which could mislead ineligible individuals and businesses into claiming tax refunds or...

HMRC have updated its rates and allowances for employers webpage, setting out some of the principal tax rates and allowances, statutory payments and various allowances for the tax year 2024–25. The rates also cover the new National Minimum Wage...

HMRC has produced new, single landing pages, bringing together its collections of guidance on the following subjects in one place:digital services tax;landfill tax;soft drinks industry levy;tobacco products duty; andliving or working abroad or...

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

The government has tabled the following amendments to Finance Bill 2024, to be taken at report stage on 5 February 2024:Schedule 1 (R&D): a new measure is added to the section on the R&D intensity condition to avoid double-counting in the calculation...

Clause 17 of Finance Bill 2024 gives HMRC the power to make regulations to address the over-collection of tax in cases of non-compliance with the IR35 rules (in other words, where the worker has incorrectly been treated as self-employed). HMRC have...

Companies House has confirmed its intention to introduce the first set of measures under the Economic Crime and Corporate Transparency Act on 4 March 2024. These will include greater powers to query information and request supporting evidence,...

The European Commission has announced a 30 day extension for businesses that were originally required to register and submit their first quarterly EU Carbon Border Adjustment Mechanism (CBAM) reports by 31 January 2024....