The CIOT have issued a response to HMRC鈥檚 call for evidence on Personal Tax: Offshore Anti-Avoidance legislation.

The Cabinet Secretary for Finance and Welsh Language has tabled the Welsh Government鈥檚 Final Budget for 2025-26.

These Regulations are made to amend the Income and Corporation Taxes (Electronic Communications) Regulations 2003, SI 2003/282 to so that an insignificant technical error, in an electronic delivery to HMRC of information to which SI 2003/282 apply, does not completely invalidate the delivery. They ensure that the significance of any failure to adhere to the technical conditions is taken into account in assessing the validity of an electronic delivery.

HMRC has agreed to amend its guidance on the application of condition C of the LLP salaried member rules within

HMRC has published the GAAR Advisory Panel opinion dated 29 October 2024, concerning the creation of obligations to make pension payments to employees and the transfer of those obligations to another employee in exchange for payment.

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

HMRC has issued a briefing explaining its operational activity during the new independent review of the loan charge.

These Regulations are made to amend the Social Security (Contributions) Regulations 2001, SI 2001/1004 to add a requirement for employers who are claiming the zero rate of secondary Class 1 (employer) National Insurance contributions in respect of employees who work in special tax sites in freeports or investment zones in Great Britain, to include the postcode for the address at which the employee works in their Full Payment Submission.

HMRC is reducing the late-payment interest rate to 7.00% and the repayment rate to 3.50% from 25 February 2025 for most taxes and payments. Interest on quarterly instalment payments of corporation tax will also be reduced from 17 February.

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

HMRC guidance on receiving income tax or PAYE repayments on behalf of others has been updated regarding advance electronic signatures.

These Regulations are made to amend the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 (LTTA 2017) to amend Schedule 13 (relief for acquisitions involving multiple dwellings) which provides a relief from land transaction tax in relation to acquisitions involving multiple dwellings.

These Regulations are made to designate areas, known as 鈥榮pecial tax sites鈥�, as special areas for the purposes of Parts 2 (plant and machinery allowances) and 2A (structures and buildings allowances) of the Capital Allowances Act 2001 and Part 4 (stamp duty land tax) of the Finance Act 2003.

The UK is suspending the Russia and Belarus Double Tax Treaties from April 2025.

HMRC has updated 鈥楩ind out if and when you need to use Making Tax Digital for Income Tax鈥� to confirm various points.

HMRC has published its latest Stakeholder Digest (January 2025).

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

The CIOT has published its response to the consultation on the proposed inclusion of unused pension funds and death benefits within a person's estate for inheritance tax purposes from 6 April 2027.

The consultation on improving the data collected by HMRC from taxpayers has concluded and the outcome and next steps has been published.

These Regulations are made to specify information on start and end dates of self-employment, which the self-employed are required to provide to HMRC via their Income Tax Self Assessment return, and additional information about dividend income which directors of owner-managed companies are required to provide to HMRC via their Income Tax Self Assessment return.