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The CIOT has responded to the consultation on the draft legislation on Income Tax (Digital Requirements)(Amendment) Regulations 2024

Subpostmasters who receive top-up payments under the Horizon Shortfall Scheme will not be subject to penalties or interest where those payments are not received ‘in good time’ to file a tax return by the filing deadline.

8 January 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

HMRC has published a Lifetime allowance newsletter in December 2023 to update stakeholders on the latest news for pension schemes.

The ATT report that HMRC has decided to continue to make the PPDCGT paper form available to download online.

HMRC has published Agent Update issue 115 (20 December 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The Scottish Government published its 2024-25 Budget on 19 December 2023.

The Welsh Government published its draft Budget proposals for 2024-25 on 19 December 2023.

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

These regulations grant an exemption from income tax for certain non-residents attending the World Athletics Indoor Championships in Glasgow in March 2024.

These regulations clarify in law  that domestic politically exposed persons (PEPs should be subject to a lesser extent of enhanced customer due diligence by firms regulated under the money laundering regulations (MLRs) in the absence of other risk factors.

HMRC is contacting taxpayers it suspects may have undisclosed tax liabilities, following a further review of data released in the Pandora Papers.

HMRC has updated the private residence relief (PPR) helpsheet following the case of HMRC v Gerald and Sarah Lee.

These regulations amend the Flexible Working Regulations, SI 2014/1398 to provide that the right to make a flexible working application applies from the first day of employment.

HMRC has launched a technical consultation for the proposed new Income Tax (Digital Requirements) (Amendment) Regulations 2024 and associated notices. The consultation closes on 12 January 2024

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

These regulations update the list of high-risk third countries in respect of which the regulated sector needs to apply enhanced due diligence.

HMRC has updated its guidance on applying for a repayment of tax on taxpayer’s savings interest using form R40.

HMRC’s latest Digest (1 December 2023) provides short updates on various topics, including Making Tax Digital for Income Tax for Self Assessment (MTD for ITSA), changes for goods moving from the island of Ireland to Great Britain, compliance guidelines for the reformed IR35 and umbrella companies, and an overview of the OECD Pillar 2 Reform of the International Tax Framework.

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