NEWS

In her speech to the Labour Party conference, shadow chancellor Rachel Reeves very briefly touched on the following tax proposals, should the party win the next general election:‘online tech giants’ would be required to ‘pay their fair share’ (the...

HMRC have been trialling a temporary customer compliance manager (tCCM) model for mid-sized businesses (MSB) that provides time-limited one-to-one support to MSBs going through significant growth or key life events or those which have multiple...

HMRC has formally authorised the online submission of information which sets out how an individual’s tax position has changed as a result of the public service pension schemes remedy. Directions issued by HMRC formally approve the use of HMRC’s...

HMRC has issued new basic guidance on how to claim a refund of economic crime levy. A refund may be due if too much levy has been paid in error or the economic crime levy return has been amended and the amount of levy due has reduced as a result....

EY reports that ‘HMRC has recently informed us that it intends to ratchet up the availability of ADR (mediation) as a means of bringing significant disputes and long-running or stalled enquiries to resolution’. According to its weekly tax briefing,...

The ATT has submitted the following two representations to the Treasury ahead of the Autumn Statement on 22 November. Extending tax relief for trivial benefits: this relates to the trivial benefits rules in ITEPA 2003 s 323A which provide tax relief...

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

The current parliament is on track to be the biggest tax-increasing parliament since comparable records began according tonew researchfrom the Institute of Fiscal Studies (IFS). By the time of a 2024 general election, the...

Responding to HMRC’s consultation on business rates avoidance and evasion, the CIOT strongly encourages the collection of ‘robust data’ as the first step towards discouraging avoidance to determine the extent of avoidance. It recommends that regular...

The Land and Buildings Transaction Tax (Green Freeports Relief) (Scotland) Order, SSI 2023/280, inserts new Sch 16D into the Land and Buildings Transaction Tax (Scotland) Act 2013 to provide for relief from LBTT for eligible transactions within a...