NEWS

The OECD Secretary-General Tax Report to the G20 in Brazil sets out developments in international tax reform since July 2024, including on Pillars One and Two. The report says that the text of the Multilateral Convention for Pillar One has...

HMRC have decided to disband the Joint Forum on Expatriate Tax and NICs (the Expat Forum), informing members that the groups effectiveness has reduced with an increasingly long list of unresolved issues and suggesting that many...

The GAAR Advisory Panel has issued an opinion on arrangements which sought to reward a companys director in a way that would not be any form of remuneration. This involved creating an obligation to make pension payments to the...

The CIOT has published its response to the Tribunal Procedure Committee consultation on possible changes to the procedure rules concerning the provision of written reasons for decisions and other case management measures. Key points from the response...

HMRCs Pension Schemes Newsletter for October 2024 provides a useful summary of the following two sets of Regulations which make technical changes to the lifetime allowance abolition legislation:Pensions (Abolition of Lifetime Allowance Charge...

HMRCs latest Agent Update includes the following points of particular interest for practitioners:Agent Dedicated Line: summary of the changes from 7 October 2024, including a combined helpline for self-assessment and PAYE queries.Basis period...

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

The government has welcomed a report published by the Independent Expert Panel on Corporate Re-domiciliation (appointed by the Department for Business) which sets out proposals for a framework for a UK corporate re-domiciliation regime, and has said...

HMRC have added new guidance to their Employee Tax Advantages Share Scheme User Manual (ETASSUM) in respect of the Enterprise Management Incentives scheme independence requirement, covering the meaning of control and how to apply the...

Alongside other general updates, HMRC’s Employer Bulletin for October 2024 confirms that the requirement for employers to report more detailed employee hours data through PAYE real time information returns will be delayed until April 2026 at the...