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Latest Personal Tax News

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CIOT issues paper on concerns relating to non-domiciled individuals and “double remittancesâ€

The CIOT has issued a paper outlining its concerns about the wording of certain provisions in the

26 Mar 2025 00:00 | Published by a Tolley Trusts and Inheritance Tax expert

Spring Statement 2025: key tax announcements

The Chancellor delivered the government’s Spring Statement on 26 March 2025. Although not a Budget or ‘major fiscal event’ 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

SSI 2025/79 The Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 (Commencement No. 1) Regulations 2025

Certain provisions of the Aggregates Tax and Devolved Taxes (Scotland) Act 2024 (ATDT(S)A 2024) come into force on 1 April 2025.

20 Mar 2025 00:00 | Published by a Tolley Owner-Managed Businesses 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

HMRC releases new CGT rate-change adjustments calculator

HMRC has published an online tool to calculate adjustments required to tax returns for the 2024–25 tax year as a result of the changes to the main rates of CGT on 30 October 2024.

18 Mar 2025 00:00 | Published by a Tolley Personal Tax expert

HMRC publishes new pension tax checker tool

HMRC has released a new online tool which allows individuals to check whether their pension payments are likely to be subject to income tax.

18 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

SI 2025/352 The Social Security Benefits Up-rating Regulations 2025

These Regulations make provisions in consequence of the Social Security Benefits Up-rating Order 20251, SI 2025/295 which provides for the annual up-rating of social security benefits.

18 Mar 2025 00:00 | Published by a Tolley Personal 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

SI 2025/337 The Guardian’s Allowance Up-rating Regulations 2025

These Regulations make provision in consequence of the Child Benefit and Guardian’s Allowance Up-rating Order 2025, SI 2025/292 which provides for the annual up-rating of Child Benefit and Guardian’s Allowance.

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

SI 2025/295 The Social Security Benefits Up-rating Order 2025

This Order is made to fulfils the statutory duty on the Secretary of State to review the rates of social security benefits and provide for the up-rating of certain benefits.

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

SI 2025/327 The Help-to-Save Accounts Regulations 2025

These Regulations amend the Help-to-Save Accounts Regulations 2018, SI 2018/87.

13 Mar 2025 00:00 | Published by a Tolley Personal Tax expert

New agent service to help escalate and resolve PAYE and self assessment queries

HMRC has announced that it is introducing a new service for agents on 31‌‌‌ â€Œâ€ŒMarch 2025, to help escalate and resolve PAYE and self assessment queries.

13 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

SI 2025/318 The Social Security (Contributions) (Re-rating) Consequential Amendment Regulations 2025

These Regulations amend Social Security (Contributions) Regulations 2001, SI 2001/1004 to up-rate the special rate of Class 2 National Insurance contributions payable by share fishermen.

13 Mar 2025 00:00 | Published by a Tolley Employment Tax expert

Update on HMRC Single Customer Account

A Treasury Minutes Progress Report provides an update on the HMRC Single Customer Account.

12 Mar 2025 00:00 | Published by a Tolley Personal 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

Updated guidance on applying for a refund of the higher rates of Stamp Duty Land Tax

HMRC has updated guidance to confirm that agents can now use the online form to apply for a refund of the higher rates of Stamp Duty Land Tax.

11 Mar 2025 00:00 | Published by a Tolley Personal 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

SI 2025/270 The Taxes (Interest Rate) (Amendment) Regulations 2025

These Regulations are made to increase the ‘official rate of interest’ applicable under section 178 of the Finance Act 1989 for the purposes of Chapter 7 of Part 3 of the Income Tax (Earnings and Pensions) Act 2003

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

Popular Articles

Simple assessments

Simple assessmentsFrom 2016/17 onwards, HMRC has the power to make a ‘simple assessment’ of the taxpayer’s income tax and / or capital gains tax liability outside of the self assessment system. As HMRC already receives significant amounts of information on the income received and tax paid by

14 Jul 2020 13:40 | Produced by Tolley Read more Read more

Short-term business visitors (STBVs)

Short-term business visitors (STBVs)What is a short-term business visitor?An STBV for UK tax purposes is an individual who performs duties for a non-UK employer and as a part of those duties has been asked to spend a short period working in the UK. There is a common misconception that there is

14 Jul 2020 13:40 | Produced by Tolley in association with Gill Salmons Read more Read more

Research and development (R&D) relief ― overview

Research and development (R&D) relief ― overviewThis guidance note provides an overview of the research and development (R&D) tax reliefs for companies.See the Research and development tax relief summary diagram which summarises the R&D tax relief.See also Simon’s Taxes D1.401.For a factsheet which

14 Jul 2020 12:22 | Produced by Tolley in association with Will Sweeney Read more Read more