NEWS

The Landfill Disposals Tax (Tax Rates) (Amendment) and Tax Collection and Management (Wales) Act 2016 (Miscellaneous Amendments) (Wales) Regulations, SI 2024/367, provide the following rates of landfill disposals tax for taxable disposals made on or...

The European Commission has launched a consultation to review the implementation of the Directive on Tax Dispute Resolution Mechanisms or DRM (Directive (EU) 2017/1852). New rules came into force on 1 July 2019 that sets out the EU’s framework to...

HMRC have confirmed that cuts to taxpayer helplines, that were to have been introduced on a permanent basis from 8 April 2024, have been put on hold. The original announcement of proposed cuts had been made on Tuesday 19 March. On 20 March, in a very...

The National Insurance Contributions (Reduction in Rates) (No. 2) Bill passed all remaining stages in the House of Lords on 19 March 2024 without debate. According to the House of Lords calendar, ‘Royal Assent’ was due to be given at 3pm on Wednesday...

HMRC are consulting until 9 May 2024 on two sets of draft regulations which will introduce the following additional information requirements from 6 April 2025.The Income Tax (Pay As You Earn) (Amendment) (No *) Regulations 2024 will require employers...

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

The Income Tax (Construction Industry Scheme) (Amendment) Regulations, SI 2024/308, remove most payments made by landlords to tenants from the scope of the construction industry scheme (CIS), and make sure minor VAT compliance failures will not...

The Research and Development (Chapter 2 Relief) Regulations, SI 2024/348, provide an alternative approach to claiming relief under the new R&D scheme from 1 April 2024, specifically for SMEs whose registered office is in Northern Ireland. This is in...

The CIOT has highlighted potential uncertainty around evidence to substantiate a claim for overseas expenditure on contracted-out R&D and has urged HMRC to consider clarification. The CIOT was responding to HMRC’s consultation on draft guidance for...

The Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2024/305, simplify the reporting process for employers in respect of a salary advance made to an employee, so that salary advance can be reported on or before the employee’s contractual pay...