NEWS

The Welsh government has published its Tax policy work plan for 2020/21, setting out areas of tax policy focus for the Welsh government. The work plan sets out the research, reviews and other activity which the Welsh government will be undertaking...

HMRC has advised the ATT that payslip confirmation letters for employers with a PAYE settlement agreement (PSA) in place may not have been sent out for the tax year 2019/20. In such cases, HMRC confirms that employers should still pay the tax and NIC...

According to accountancy firm RSM, HMRC is to launch two new targeted nudge letter campaigns in the coming weeks. The new campaigns are said to be aimed at those who have disposed of UK residential property and those with taxable employment...

Pension Schemes Newsletter 124: covering the extension to temporary changes to pension processes as a result of coronavirus.CC/FS1a: General information about compliance checks: updated to add coronavirus support payments to the list of compliance...

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.Direct taxesManual Page Comments Capital Gains Manual Updated: CG10246, CG10400,...

Tax Journal thanks its authors for September (click on links to view author profiles and access article links).

The UK government has cancelled the Autumn 2020 Budget, freeing the Treasury up to deal with the immediate economic fallout from the coronavirus crisis. The chancellors winter economy plan includes the following principal...

The Statutory Sick Pay (Coronavirus) (Funding of Employers Liabilities) (Amendment) Regulations and the Statutory Sick Pay (Coronavirus) (Funding of Employers Liabilities) (Northern Ireland) (Amendment) Regulations, SI 2020/1030, amend...

HMRC has confirmed that, within the top-slicing relief calculation, income tax personal allowances must be set, as far as possible, against other income in preference to the life insurance gain, so that the personal allowance cannot be used twice in...

HMRC has written to VAT-registered businesses in Northern Ireland highlighting actions they need to take in order to help them prepare for the end of the Brexit transition period. The letters cover moving goods between Great Britain, Northern...