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Latest Employment Tax News

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Treasury Committee issues report on Tax Simplification

The House of Commons Treasury Committee has published a report on Tax Simplification with several recommendations for government.

20 Jun 2023 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 19 June 2023

19 June 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

19 Jun 2023 00:00 | Published by a Tolley Employment Tax expert

Agent Update: issue 109

HMRC has published Agent Update issue 109 (14 June 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

15 Jun 2023 00:00 | Published by a Tolley Corporation Tax expert

Government proposes further Finance (No 2) Bill amendments for Report Stage

The Chancellor has put forward several amendments, including two new clauses, which will be considered in the House of Commons at Report Stage on 20 June 2023 (rescheduled from the original 19 June date).

14 Jun 2023 00:00 | Published by a Tolley Corporation Tax expert

Employer Bulletin: June 2023

HMRC has published its bi-monthly magazine providing the latest information on payroll-related topics for employers and agents.

14 Jun 2023 00:00 | Published by a Tolley Employment Tax expert

HMRC publishes new guidance on how to deal with an employment related securities penalty

HMRC has published a new guidance page on how to deal with an employment related security (ERS) penalty.

13 Jun 2023 00:00 | Published by a Tolley Employment Tax expert

Deadline for voluntary National Insurance contributions extended to April 2025

The government has further extended the voluntary National Insurance (NI) contribution deadline to 5 April 2025 to give taxpayers more time to fill gaps in their NI record and help increase the amount they receive in State Pension.

13 Jun 2023 00:00 | Published by a Tolley Employment Tax expert

National Audit Office Report: Progress with Making Tax Digital

The National Audit Office (NAO) has published a report, Progress with Making Tax Digital. The report considers progress to implement Making Tax Digital, and whether HMRC’s latest plans provide confidence that the programme will deliver value for money.

12 Jun 2023 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 12 June 2023

12 June 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

12 Jun 2023 00:00 | Published by a Tolley Corporation Tax expert

CIOT and ATT response: Simplifying and modernising HMRC’s income tax services through the tax administration framework

The CIOT and ATT have responded to the HMRC consultation: ‘Simplifying and modernising HMRC’s income tax services through the tax administration framework’.

08 Jun 2023 00:00 | Published by a Tolley Employment Tax expert

CIOT response: Expanding the cash basis for the self-employed

The CIOT has responded to the HMRC consultation on Expanding the cash basis for the self-employed.

07 Jun 2023 00:00 | Published by a Tolley Employment Tax expert

Technical consultation: Tackling non-compliance in the umbrella company market

HMRC has launched a technical consultation seeking views on policy options to regulate umbrella companies and to tackle non-compliance in the umbrella company market.

07 Jun 2023 00:00 | Published by a Tolley Corporation Tax expert

Employment Related Securities Bulletin 52

HMRC has published Employment Related Securities (ERS) Bulletin 52.

06 Jun 2023 00:00 | Published by a Tolley Employment Tax expert

Pension schemes newsletter 150 - May 2023

HMRC has published pension schemes newsletter 150.

31 May 2023 00:00 | Published by a Tolley Employment Tax expert

Employment Related Securities Bulletin 51

HMRC has published Employment Related Securities (ERS) Bulletin 51.

30 May 2023 00:00 | Published by a Tolley Employment Tax expert

SI 2023/570 The Income Tax (Accommodation Allowances of Armed Forces) Regulations 2023

These regulations ensure that payments made by the Ministry of Defence to service personnel under the 2022 Contribution in Lieu of Council Tax (“CILOCTâ€) Rebate Scheme are exempt from income tax.

26 May 2023 00:00 | Published by a Tolley Employment Tax expert

Company cars: advisory fuel rates from 1 June 2023

HMRC has published revised advisory fuel rates for company cars which apply from 1 June 2023.

25 May 2023 00:00 | Published by a Tolley Employment Tax expert

Agent update: issue 108

HMRC has published Agent Update issue 108 (24 May 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

25 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Technical consultation: The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) (No. 2) Regulations 2023

HMRC has launched a technical consultation seeking views on draft tax regulations which set out changes to how pensions tax rules will apply as a result of the public service pensions remedy.

23 May 2023 00:00 | Published by a Tolley Employment Tax expert

Updated HMRC guidance: tax check for taxi, private hire or scrap metal licence applications

HMRC has updated its guidance on completing a tax check for renewing taxi, private hire or scrap metal licenses.

22 May 2023 00:00 | Published by a Tolley Corporation Tax expert

Popular Articles

Foreign exchange issues

Foreign exchange issuesOverview of foreign exchange provisionsForeign exchange (FX) movements are generally taxed following the rules applicable to the underlying income, expenditure, asset or liability on which they arise, broadly as follows:Capital assetsOn a realisation basis (ie on disposal)

14 Jul 2020 11:44 | Produced by Tolley Read more Read more

Premiums on the grant or surrender of a lease

Premiums on the grant or surrender of a leasePremiums on the grant of a lease ― outlineWhen a property investor grants a lease, potentially this could be done on the basis that the tenant pays a premium for the initial grant of the lease, in addition to also paying rent over the term of the lease.

14 Jul 2020 12:58 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax, part of AMS Group Read more Read more

Gifts with reservation ― overview

Gifts with reservation ― overviewIntroductionA gift with reservation (GWR) arises when an individual ostensibly makes a gift of his property to another person but retains for himself some or all of the benefit of owning the property. The legislation defines a gift with reservation with reference to

14 Jul 2020 11:48 | Produced by Tolley Read more Read more