Corporation Tax News - Page 3 | Tolley

Tolley works hard to bring you the most up-to-date tax news straight to your inbox. In a dynamic industry it’s important to know when things change. With Tolley’s Tax News you can always be informed giving your clients the most comprehensive information available.

Latest Corporation Tax News

Filter icon Filter by tax area

SI 2025/383 Relief for Creative Industries (Additional Information Requirements and Miscellaneous Amendments) (Amendment) Regulations 2025

These Regulations are made to amend the Relief for Creative Industries (Additional Information Requirements and Miscellaneous Amendments) Regulations 2024, SI 2024/320 to correct a small number of errors present, including the previous omission of data items relating to production status and touring schedules, and clarify some parts of the text relating to the definition of a tax adviser and the provision of information in Table 2.

26 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Spring Statement 2025: key tax announcements

The Chancellor delivered the government鈥檚 Spring Statement on 26 March 2025. Although not a Budget or 鈥榤ajor fiscal event鈥� the statement included a number of tax announcements.

26 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 24 March 2025

24 March 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

24 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Finance Act 2025 receives Royal Assent

Finance Act 2025 received Royal Assent on 20 March 2025.

21 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

R&D guidance updated to add details for companies based in Northern Ireland

Three R&D guidance pages have been updated to add details for companies based in Northern Ireland.

21 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Agent Update: Issue 129

HMRC has published Issue 129 of the Agent Update, providing a round-up of updates and reminders for tax practitioners.

20 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/364 The Annual Tax on Enveloped Dwellings (Indexation of Annual Chargeable Amounts) Order 2025

This Order is made to state the annual chargeable amounts of the annual tax on enveloped dwellings.

20 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Make a Reserved Investor Fund notification to HMRC

HMRC has published guidance on how to notify them when entering a scheme into the Reserved Investor Fund regime.

19 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 17 March 2025

17 March 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

17 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on ATED to add link to tool

HMRC guidance has been updated to add a link to the 鈥楥heck how to submit your ATED return鈥� tool.

17 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/349 Economic Crime and Corporate Transparency Act 2023 (Commencement No 4) Regulations 2025

These Regulations are made to bring certain provisions of the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) into force on 18 March 2025 and 1 September 2025. They also revoke the Economic Crime and Corporate Transparency Act 2023 (Commencement No 3) Regulations 2024, SI 2024/1108, and amend the Register of Overseas Entities (Annotation and Removal) Regulations 2024, SI 2024/53.

17 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC further updates creative industry tax reliefs guidance

HMRC recently updated its creative industry tax reliefs guidance stating that, from April 2025, the CT600P creative industries supplementary page had to be included with returns. The guidance has been further updated to remove the need to submit the supplementary page.

14 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/345 The Double Taxation Relief and International Tax Enforcement (Belarus) (Revocation) Order 2025

This Order is made to revoke the Double Taxation Relief and International Tax Enforcement (Belarus) Order 2018, SI 2018/778, which gives effect to arrangements between the UK and the Republic of Belarus with a view to affording relief from double taxation

14 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/344 The Double Taxation Relief (Russian Federation) (Revocation) Order 2025

This Order is made to revoke the Double Taxation Relief (Taxes on Income) (Russian Federation) Order 1994, SI 1994/3213, which gives effect to arrangements between the UK and the Russian Federation with a view to affording relief from double taxation.

14 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Plans to increase the self assessment reporting threshold for trading income and other measures to deliver Plan for Change

The Government has announced that it plans to increase the income tax self assessment (ITSA) reporting threshold for trading income from £1,000 to £3,000 gross within this Parliament. Other measures to help HMRC deliver Plan for Change are also announced.

12 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Weekly Roundup HMRC Manuals: 10 March 2025

10 March 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

10 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC guidance on closure of the online service to file company accounts and tax returns

HMRC has issued guidance on the closure of the online service to file company accounts and tax returns.

07 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

First-tier Tribunal ( Tax Chamber) updates guidance on pdf bundles

The First-tier Tribunal has revised its guidance on the preparation of pdf bundles that was first published in 2021.

04 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

SI 2025/231 The Register of Overseas Entities (Protection and Trusts) (Amendment) Regulations 2025

SI 2025/231: These Regulations are made to amend the Register of Overseas Entities (Delivery, Protection and Trust Services) Regulations 2022, SI 2022/870 to allow for anyone to make an application for protection whose information could be published or disclosed by the registrar under the Register of Overseas Entities (ROE). They came into force partly on 28 February 2025, and come into force fully on 31 August 2025. (Updated from draft on 3 March 2025).

04 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

HMRC Stakeholder Digest - February 2025

HMRC has published its latest Stakeholder Digest (February 2025). This edition includes updates on new campaigns, guidance, and consultations relevant to UK tax practitioners.

03 Mar 2025 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Spouse exemption from inheritance tax

Spouse exemption from inheritance taxArguably, the most important inheritance tax exemption is the spouse exemption from inheritance tax.There is no IHT to pay on gifts from husband to wife and vice versa, or from one civil partner to the other (referred to collectively in this note as 鈥榮pouses鈥�).

14 Jul 2020 13:56 | Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP Read more Read more

Taxation of dividend income

Taxation of dividend incomeIntroductionA dividend is a distribution of profit by a company to its shareholders.A dividend is not only a payment in cash. It can be the issue of new shares in exchange for forfeiting the right to a cash payment (a stock dividend). For more detail, see the Cash

14 Jul 2020 13:48 | Produced by Tolley Read more Read more

Payments to trust beneficiaries

Payments to trust beneficiariesThis guidance note considers the trustees powers to make payments and whether the payment made is income or capital.This guidance note is designed to give outline and background for accountants and tax advisers who deal with clients establishing trusts. It is not

14 Jul 2020 12:52 | Produced by Tolley Read more Read more