NEWS

HMRC has published two Tax Information and Impact Notes to explain regulations which will provide tax exemptions for non-UK resident individuals associated with the 2022 Birmingham Commonwealth Games and the UEFA Women’s 2022 football finals.The...

According to the latest government statistics, £668m of venture capital trust (VCT) shares were issued in 2020/21, which is up 4% from a year earlier and almost double the amount raised in 2009/10. 40 VCTs issued funds in 2020/21, which is down from...

HMRC and the French social security authorities have agreed to review the process by which PDA1 applications under Article 16 of Regulation (EC) 883/2004 from individuals in scope of the Withdrawal Agreement are considered.The French social security...

HMRC has published the tax credits rates and allowances for the tax year 2022/23:Child tax credit Family element 545 545 Child element (for each child) 2,935 2,845 Addition for disabled child 3,545 ...

HMRC has published Agent Update issue 92 (January 2022) providing a roundup of recent developments for tax agents and advisers, including the following:reminder to declare coronavirus grants on company tax returns – an amended return should be...

HMRC has published further new and updated guidance for imports, exports and customs to reflect the post-transition period regime:Get help using example declarations for imports to Great Britain from the rest of the world: new guidance in the form of...

HMRC’s pension schemes newsletter for January 2022 rounds up the latest developments, including the proposed increase in the normal minimum pension age from April 2028, and extension of Scheme Pays reporting:Relief at source―notification of residency...

HMRC has extended the deadline for its consultation on proposed reform to registration for income tax self-assessment for self-employed individuals and landlords. The closing date for responses to the call for evidence Income Tax Self Assessment...

Direct taxesManual Page Comments Capital Gains Manual Added: CG67900P, CG67900, CG67920 CG67900P, a new landing page, which provides links to content on appropriations to and from stock in trade has...

HMRC has launched a technical consultation seeking views on revised draft guidance on the new requirement of Finance Bill 2021/22 which requires large businesses to notify HMRC of uncertain tax treatments (UTT) in respect of relevant...