Displaying 1-10 of 22 results
ICAEW considers an extension on VAT relief for energy saving materials
- Article
- 30 May 2023
The Tax Faculty expresses concerns with the expansion of VAT reliefs generally, but considers the extension of the zero rate the best option at the current time.
Tax news in brief 31 May 2023
- Article
- 30 May 2023
Highlights from the broader tax news for the week ending 31 May 2023, including: advisory fuel rates; service availability indicators for payment plans; visitor levy legislation; and an update to SAYE bonus rates.
Changes to self assessment criteria
- Article
- 26 May 2023
From the 2023/24 tax year onwards, the self assessment (SA) threshold for taxpayers taxed through PAYE only, will rise to £150,000.
EU Council reaches agreement on exchange of information for crypto assets and advance tax rulings for high-net-worth individuals
- Article
- 26 May 2023
The unanimous agreement paves the way for greater co-operation between member states to reduce opportunities for tax avoidance and tax fraud using crypto assets, by amending the directive on administrative co-operation in the area of taxation (DAC).
HMRC additional needs working group
- Article
- 22 May 2023
The Tax Faculty takes part in many HMRC engagement forums, one of which is the additional needs working group (ANWG). The ANWG enables dialogue between HMRC and interested parties regarding taxpayers and agents who may need additional support to access HMRC services.
Drink return scheme deposits should fall outside the scope of VAT, suggests ICAEW
- Article
- 19 May 2023
The Tax Faculty expresses concern that the proposed output VAT liability would fall on the wrong person.
Apply for marriage allowance by postal form
- Article
- 19 May 2023
HMRC has published a new form to enable individuals to apply for marriage allowance by post more easily. It is also possible to claim the allowance online, by phone and through a self assessment tax return.
P11Ds: filing online when a different agent is authorised for PAYE
- Article
- 19 May 2023
Many employers will outsource their payroll to one agent but use another for P11D reporting. As HMRC systems do not have the functionality to recognise multiple agents for the same head of duty (eg, employers’ PAYE), concerns have been raised about how agents in this situation can submit P11Ds online for clients. ICAEW’s Tax Faculty shares the solution.
HMRC to close VAT registration helpline from 22 May 2023
- Article
- 17 May 2023
HMRC plans to free up helpline resources to work on processing VAT registration applications.
Commission publishes responses to BEFIT consultation
- Article
- 16 May 2023
The European Commission has published responses to the consultation on its proposals for a common set of corporate tax rules across member states, known as Business in Europe: Framework for Income Taxation (BEFIT).
Displaying 1-10 of 22 results
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