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Displaying 1-10 of 24 results
Pensions lifetime allowance guidance newsletter
- Article
- 22 Dec 2023
HMRC has released its December 2023 newsletter, which addresses several aspects connected to the abolition of the pensions lifetime allowance.
Agent dedicated line: HMRC restricts SA repayment queries
- Article
- 21 Dec 2023
From Friday 22 December 2023, progress-chasing queries for self assessment repayments will be redirected to the digital ‘Where’s my reply?’ tool.
Headline tax announcements from the Scottish and Welsh Budgets
- Article
- 21 Dec 2023
On 19 December, Deputy First Minister Shona Robison presented the Scottish Budget for 2024 to 2025 to the Scottish Parliament. On the same day, Finance Minister, Rebecca Evans issued various statements alongside the Welsh Draft Budget for 2024-25.
Exchange of payment data to fight VAT fraud
- Article
- 20 Dec 2023
EU rules set to transform VAT fraud detection in e-commerce come into effect from 1 January 2024.
Expanded guidance on taxation of woodlands
- Article
- 20 Dec 2023
HMRC has reviewed and expanded its tax guidance for owners of woodlands. Owners may qualify for certain tax reliefs or exemptions from certain taxes, depending on the type and use of the woodlands.
UK announces introduction of carbon border adjustment mechanism
- Article
- 19 Dec 2023
A carbon pricing mechanism for imports will be implemented by 2027 to support decarbonisation.
HMRC maintains current approach to VAT treatment of fund management
- Article
- 18 Dec 2023
Following a consultation, the government has confirmed it will keep a list-based approach to the VAT exemption for management of funds.
Car allowances and NIC
- Article
- 14 Dec 2023
HMRC updates its approach on the national insurance contributions (NIC) disregard for relevant motoring expenditure following Upper Tribunal decision.
Tax news in brief 13 December 2023
- Article
- 13 Dec 2023
Highlights from the broader tax news for the week ending 13 December 2023, including: HMRC’s PAYE and NIC calculator; crypto educational emails; feedback on HMRC’s Annual Report and Accounts; and the ABAB annual report.
HMRC reminds self-employed taxpayers about the end of tax credits
- Article
- 13 Dec 2023
On 6 December 2023, HMRC emailed self-employed taxpayers who are still claiming tax credits to remind them to check their tax credit and self assessment records in advance of migrating to universal credit.
Displaying 1-10 of 24 results
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