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Displaying 1-10 of 23 results
ICAEW welcomes AVEC changes
- Article
- 31 May 2024
ICAEW believes proposed changes to the audio-visual expenditure credit (AVEC) will have a positive impact on the industry overall. However, more guidance is needed by some companies who may also struggle with an increased administrative burden.
Tax regulation: change must be in the public interest
- Article
- 29 May 2024
The government’s consultation for improving the tax advice market came up with three options. Of these, ICAEW prefers mandatory membership of a professional body, but only if it is appropriately designed and scoped.
Tax news in brief 29 May 2024
- Article
- 29 May 2024
Highlights from the broader tax news for the week ending 29 May 2024, including: new advisory fuel rates; an issue affecting non-resident companies filing tax returns; and an update on refunds of voluntary Class 2 NIC.
HMRC asks wealthy taxpayers to submit late returns
- Article
- 28 May 2024
HMRC is writing to wealthy taxpayers who are late in submitting income tax self assessment (ITSA) returns for 2020/21 and 2021/22 to do so by 12 July 2024.
HMRC reminds taxpayers about roll-over relief claims
- Article
- 28 May 2024
HMRC is writing to taxpayers who made a provisional claim for business asset roll-over relief (ROR) and have not yet made a valid claim.
Finance (No. 2) Act 2024 receives Royal Assent
- Article
- 28 May 2024
Some of the changes announced at the Spring Budget 2024 have now become law, including an increase in the thresholds for the high income child benefit charge for 2024/25.
Tax news in brief 22 May 2024
- Article
- 22 May 2024
Highlights from the broader tax news for the week ending 22 May 2024, including: increase in income self assessment (ITSA) threshold; HMRC seeks feedback on income record viewer; and new guidelines for compliance for football clubs and agents.
HMRC consults on a change to the reformed penalty system
- Article
- 21 May 2024
Draft regulations allow HMRC to assess the second penalty for late payment before the tax has been paid in full.
HMRC should delay plans for employers to provide more data
- Article
- 21 May 2024
The current start date of 5 April 2025 does not give employers and others enough time to prepare to give more detailed information on employees’ hours to HMRC.
Special tax sites postcode reporting burdensome says ICAEW
- Article
- 21 May 2024
Draft regulations requiring employers in freeport and investment zones to report workplace postcodes may deter claims for national insurance contributions (NIC) relief.
Displaying 1-10 of 23 results