NEWS

The Courts and Tribunals Service has revised the Solicitors’ guideline hourly rates with effect from 1 January 2025. The rates are used to prepare schedules of standard costs for appeals in England and Wales. Although they are known as the...

Highlights from HMRC’s December 2024 Agent Update include:Clarification around company tax return requirements for quarterly instalment corporation tax payers, on the reintroduction of the associated companies rules (and marginal relief) from 1 April...

HMRC’s final Stakeholder Digest for 2024 includes the following notes and reminders:John-Paul Marks is to take over as HMRC First Permanent Secretary and Chief Executive when Jim Harra retires in spring 2025. Mr Marks is currently Permanent Secretary...

HMRC have published updated phone numbers for their Personal Tax Desk Press Officers....

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

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

Scottish Budget: Scottish Finance Secretary Shona Robison set out the following key tax announcements in the Scottish Budget on 4 December 2024:Scottish income tax: for 2025/26 the higher, advanced and top rate thresholds will be maintained at...

G Lineker and another t/a Gary Lineker Media v HMRC which had been appealed by HMRC to the Upper Tribunal and had been scheduled for 2 and 3 December has now been vacated. The FTT decision (reported in Tax Journal, 14 April 2023) held that IR35...

The Designation of Special Tax Sites (Anglesey Freeport) Regulations, SI 2024/1286, designate three special tax sites within the Anglesey Freeport with effect from 23 January 2025. The tax reliefs available in special tax sites in Wales include a 10%...

HMRC have published a new calculator to work out the overlap relief figure for 2023/24 for the self-employed or those in a partnership. HMRC note that the calculator cannot be used if more than two changes have been made to the accounting date....