NEWS

Egypt and Burkina Faso have deposited their instruments of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Instrument or MLI) with the OECD. With 94...

HMRC has published the Multilateral Instrument synthesised version of the 1990 Czechoslovakia/UK Double Taxation Convention as it applies to the Czech Republic. The synthesised text incorporates the MLI changes into the...

HMRC has updated its guidance Find out how to pay a debt to HMRC with a time to pay arrangement to cover how to set up a payment plan online without contacting HMRC. A payment plan can be set up to spread the cost of the taxpayers latest...

Pension schemes newsletter 125 covers recent developments including the temporary changes to pension processes as a result of coronavirus....

.author_body td { word-break: break-word; width: 25%; } This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors. Direct taxes Manual...

In a further package of support measures for businesses struggling through the covid-19 restrictions, the chancellor has announced changes to the job support scheme (JSS), a doubling of the self-employed income support scheme (SEISS) grant and a new...

HMRC has published regulations under ITEPA 2003 s 688AA which provides the framework for the recovery of deemed employer PAYE from a relevant person. The Income Tax (Pay As You Earn) (Amendment No. 3) Regulations, SI 2020/1150 achieve...

LITRG has expressed concern over the challenges faced by those attempting to agree loan charge settlements which resulted in them failing to meet the 30 September 2020 deadline. Some of the issues included delays in HMRC sending out settlement offers...

HMRC has updated its guidance New employee coming to work from abroad for employers on operating PAYE for employees who come to work in the UK, to reflect changes in circumstances resulting from coronavirus restrictions.Where an employer already has...

In its response to the Treasury consultation on the administration of pensions tax relief, the CIOT suggests that HMRC should pay a bonus equal to the basic rate of tax on contributions for lower-income individuals in net-pay schemes thus...