The CIOT and LITRG have published a response to the Finance and Public Administration Committee鈥檚 call for evidence on the Scottish Budget 2025-26. The response focuses on the tax strategy and tax policy in Scotland, highlighting key areas of concern and recommendations for improvement.

9 December 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 new calculator to work out the overlap relief figure for the 2023/24 tax year.

HMRC has updated its guidance regarding VAT late payment penalties.

Details of updates to HMRC import, export and customs guidance for the period from 3 to 9 December 2024.

HMRC has updated VAT Notice 733 on the Flat Rate Scheme for small businesses

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

HMRC has published a new guidance page on Making Tax Digital for Income Tax (MTD IT).

These Regulations are made to designate the special tax sites within, or connected to, a freeport in which certain tax reliefs are available (known as special tax sites).

HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 165 for December 2024.

This Order allows deficiency relief to be calculated by reference to income taxable at the Scottish advanced rate of income tax starting from 6 April 2024.

This Order provides for an increase in the rate of the Additional Dwelling Supplement (ADS) announced in the Scottish Budget 2025-26.

HMRC has published the December 2024 issue of the Employer Bulletin providing the latest information on payroll-related topics for employers and agents

The Scottish Finance Secretary Shona Robison delivered the Scottish Budget on Wednesday 4 December 2024.

HMRC has published a new tool to work out pay from an umbrella company.

HMRC has published its latest Stakeholder Digest (29 November 2024).

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

Details of updates to HMRC import, export and customs guidance for the period from 26 November to 2 December 2024.

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

The European Commission announced that it has closed three in-depth State aid investigations into transfer pricing tax rulings granted by Luxembourg to Fiat and Amazon, and by the Netherlands to Starbucks.