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Displaying 1-10 of 20 results
Agent reference requirement on HMRC forms
- Article
- 31 Oct 2023
HMRC has confirmed that, from 26 February 2024, an agent reference number will be required on P87 tax relief on employment expenses and marriage allowance claim forms. If an agent reference number is not provided, the repayment will be made to the taxpayer even if nominated to the agent.
Tax news in brief 25 October 2023
- Article
- 25 Oct 2023
Highlights from the broader tax news for the week ending 25 October 2023, including: delayed removal of functionality to copy across existing clients to ASA; update on the income record viewer; HMRC’s pay by bank service; increased transparency for crypto-assets; and corporation tax loss carry-back claims.
Updated articles on corrections in payroll
- Article
- 25 Oct 2023
The latest HMRC Agent Update highlights updated content regarding two aspects of corrections in payroll. We explain below the action that employers should take to ensure that employees have paid the right amounts.
UK government responds to Treasury Committee venture capital reliefs report
- Article
- 25 Oct 2023
The response suggests that the current sunset clauses for the enterprise investment scheme (EIS) and venture capital trusts (VCTs) will be extended beyond 2025. However, the response also pushes back on some of the committee’s other recommendations, including extending the company age and funding limits for these schemes.
HMRC considering a voice biometrics trial
- Article
- 23 Oct 2023
We understand that HMRC is considering a small-scale voluntary trial using voice biometrics as a means of confirming the identity of individual callers to its helplines.
HMRC consults on draft legislation regarding retained EU VAT law
- Article
- 23 Oct 2023
The draft legislation and explanatory note clarify how VAT and excise law should be interpreted after changes made by the Retained EU Law (Revocation and Reform) Act 2023.
Full review of tax reliefs would impose uncertainty, says FST
- Article
- 23 Oct 2023
The government has responded to the Treasury Committee’s call for a wholesale review of tax reliefs.
Self assessment paper filing deadline approaches
- Article
- 17 Oct 2023
The deadline for submitting a tax return in respect of the tax year 6 April 2022 to 5 April 2023 is 31 October if submitting by post. Taxpayers submitting online have until 31 January 2024.
Tax news in brief 18 October 2023
- Article
- 17 Oct 2023
Highlights from the broader tax news for the week ending 18 October 2023, including: applying to join the VAT flat rate scheme; self assessment scam warning; and stopping self assessment.
Long term approach required for occupational health policy
- Article
- 12 Oct 2023
When devising healthcare policy, the government needs to take a holistic approach. This includes considering the trade-off between the cost of tax reliefs now with the reduction in spending in the future on healthcare and health-related social security benefits.
Displaying 1-10 of 20 results
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