NEWS

Responding to the Public Accounts Committee’s inquiry into HMRC customer service, the CIOT has repeated its concerns around standards of support for taxpayers.In its written evidence to the Public Accounts Committee’s inquiry into HMRC customer...

The CIOT response to HMRC’s consultation on raising standards in the tax advice market examines the three options for regulation rather than looking at the merits of regulation versus alternative approaches. Key points include:general support for...

HMRC could have missed out on millions of pounds in tax from football transfers, says the CIOT.Football agents brokering transfers can offer their services to both players and the selling or buying club, known as ‘dual representation’. However, the...

The Retained EU Law (Revocation and Reform) Act 2023 (Commencement No 2 and Saving Provisions) Regulations, SI 2024/714, bring into force the Retained EU Law (Revocation and Reform) Act 2023 s 6, which amends s 6 of the European Union (Withdrawal)...

HMRC’s Wealthy team are sending letters to those who made a BADR claim in their 2022/23 returns and in doing so either exceeded the £1m lifetime limit in that year, or who had already done so prior to 2022/23. Recipients are being invited to...

The Courts and Tribunals Judiciary has published guidance by way of practice direction from Sir Keith Lindblom, Senior President of Tribunals, outlining the reasons for tribunal decisions. Key points include:providing concise reasons for a decision...

The May 2024 newsletter covers various subjects including the following:Transitional tax-free amount certificates: HMRC have published a tool for pension scheme members to check if they can apply for a transitional tax-free amount certificate from...

Tax Journal thanks its authors for May (click on links below to view author profiles):Ross Birkbeck - The post-election (anti-avoidance) enforcement landscapeVictoria Braid - Individual DPAsHelen Buchanan and Sarah Bond - A Kwik decision from the...

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

In the early days of the general election campaign, the political parties have made several pledges on tax, although headroom for more than minor changes would appear to be limited, as the IFS notes in a recent report on public finances and the...