NEWS

The Taxes (State Aid) (Amendments) (EU Exit) Regulations, SI 2020/1499, make changes to existing UK tax legislation as a consequence of the disapplication of EU state aid rules after the end of the Brexit transition period. Without the changes, UK...

HMRC has confirmed that businesses cannot currently join the MTD pilot for income tax if they have claimed one or more of the following grants: self-employment income support scheme; coronavirus job retention scheme; or eat out to help...

The chancellor announced in December that the job retention scheme would be extended to the end of April 2021, with the government continuing to contribute 80% of wages. The various business loan schemes have been extended to the end of March 2021....

The Treasury has published a summary of responses to its consultation on the taxation of asset-holding companies in alternative fund structures and has launched a further consultation on the detailed design features of the proposed new regime...

From 1 April 2021, all companies which submit a claim for SME RD relief, SME payable tax credit and research and development expenditure credit will be required to complete a new supplementary page CT600L when submitting their corporation tax...

The Social Security Contributions (Disregarded Payments) (Coronavirus) (No. 2) Regulations, SI 2020/1523, provide that the provision of a coronavirus antigen test or a payment made to earners to reimburse them for such a test on or after 25 January...

The Social Security Contributions (Disregarded Payments) (Coronavirus) (Scotland and Wales) Regulations, SI 2020/1532, provide that the 500 self-isolation support payments made by local authorities under separate schemes in Scotland and Wales...

The Social Security, Child Benefit and Child Tax Credit (Amendment) (EU Exit) Regulations, SI 2020/1505, ensure that from the end of the Brexit transition period the rights of certain non-European Economic Area (EEA) nationals lawfully living and...

The Finance Act 2016, Section 126 (Appointed Day), the Taxation (Cross-border Trade) Act 2018 (Appointed Day No 8, Transition and Saving Provisions) and the Taxation (Post-transition Period) Act 2020 (Appointed Day No. 1) (EU Exit) Regulations, SI...

The following instruments bring into force the various regulations and orders that introduce new rules for VAT, customs and excise in the UK from 1 January 2021:Value Added Tax and Excise Duties (Appointed Day) (EU Exit) Regulations, SI 2020/1641:...