NEWS

HMRC have published new Guidelines for Compliance GfC12 ‘Help with labour supply chain assurance’. HMRC say that the guidelines aim to:promote the importance of effective labour supply chain (LSC) assurance;provide information for businesses to...

Updated guidance:Transit newsletters — HMRC updates. The January 2025 update ‘NCTS Phase 5: multiple house consignments’ confirms implementation on 21 January 2025, by all national administrators that are members of the Common Transit Convention, of...

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

Welcome news for the Chancellor may have been in short supply in recent weeks, but figures from the 12 months to 30 September 2024 reveal that HMRC’s UK tax investigations brought in £10bn more than in the previous year – up by 28%, to £45.7bn in...

The EU Directive on Faster and Safer Relief of Excess Withholding Taxes (FASTER) has been published in the Official Journal of the EU. This introduces a common tax residence certificate enabling investors to benefit from fast-track procedures to...

The CIOT’s briefing on the National Insurance Contributions (Secondary Class 1 Contributions) Bill includes the following observations:the increase in employers’ NICs extends the differential in the tax burden between those in employment and those...

HMRC have added new sections to their ‘Use Making Tax Digital for Income Tax’ guidance, to cover how to notify HMRC of changes in circumstances after having signed up for Making Tax Digital for Income Tax. Most changes can be reported through...

The Lesbian, Gay, Bisexual and Transgender Financial Recognition Scheme (Income Tax Exemption) Regulations, SI 2025/12, ensure that payments made by the Ministry of Defence to those who were wrongfully dismissed, discharged or forced to resign...

The CIOT has published detailed comments on the Finance Bill 2025 non-doms legislation, covering in particular the FIG regime, the temporary repatriation facility and inheritance tax. Highlights include:proposed changes widening what constitutes a...

HMRC reported last week that 5.4m taxpayers were still to file their self-assessment returns and pay any tax due by the 31 January deadline. The press release mentions late-filing and late-payment penalties, but does not include a link to guidance on...