NEWS

Alongside a general roundup of recent tax developments, HMRCs Agent Update 115 covers the following points of particular interest:HMRC prioritising support for self-assessment: until 31 January 2024, HMRCs Agent Dedicated Line will only...

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

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

The CIOT has followed up previous concerns with the way HMRC have been handling R&D tax relief claims, writing again to question HMRC’s volume compliance approach to processing claims.Legitimate R&D claims are still being rejected, says the CIOT, and...

HMRC are consulting until 12 January 2024 on draft regulations which will update the Income Tax (Digital Requirements) Regulations, SI 2021/1076, which set out the various digital record-keeping and reporting requirements for Making Tax Digital for...

The Administrative Burdens Advisory Board annual report 2023, Better tax for better business, highlights two key areas of particular importance for the smaller business community in its engagement with HMRC:1. Making tax digital for income tax...

The Treasury’s December 2023 Minutes Progress Report provides a roundup of UK government responses to Public Accounts Committee (PAC) recommendations on various subjects. Hidden away in the extensive report (which runs to some 244 pages) are two...

The December 2023 edition of HMRC’s Employer Bulletin suggests that HMRC has now accepted the Upper Tribunal’s decision in Laing O’Rourke Services Ltd v HMRC [2023] UKUT 155 (TCC) that ‘relevant motoring expenditure’ includes potential and...

The Autumn Finance Bill had its second reading in the House of Commons on 13 December, which will eventually be enacted as Finance Act 2024. Also, The National Insurance Contributions (Reduction in Rates) Bill completed its remaining Lords stages on...

HMRC has updated its Private residence relief helpsheet following the Upper Tribunal decision in HMRC v G Lee and another [2023] UKUT 242 (TCC).The Upper Tribunal confirmed that the ‘period of ownership’ for private residence relief purposes applies...