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HMRC has updated its MTD for income tax guidance to confirm how it will assess qualifying income for a tax year and qualifying income from jointly owned property.

HMRC has published a document outlining their ongoing engagement plans regarding the changes to the taxation of non-UK domiciled individuals.

The Government has published a new policy paper on its remit to the Low Pay Commission (LPC) outlining areas to consider when recommending the National Minimum Wage and National Living Wage.

HMRC has replaced and updated the existing form

HMRC has updated its guidance on publishing a large business tax strategy, what it should include and when to publish it.

HM Treasury has announced changes to the Energy (Oil and Gas) Profits Levy (EPL) to tax the extraordinary profits of oil and gas companies operating in the UK and on the UK Continental Shelf.

HMRC has published Employment Related Securities (ERS) Bulletin 56.

HMRC has published draft Finance Bill legislation on furnished holiday lettings, Pillar 2 and VAT for private schools.

Two sets of regulations have been issued to exempt certain compensation payments made to postmasters affected by the Horizon scandal from income tax, capital gains tax, corporation tax and Class 1 NICs, and to provide relief from inheritance tax.

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

Details of updates to HMRC import, export and customs guidance for the period from 22 July 2024 to 29 July 2024.

HMRC has updated its guidance on using the online service for agents to sign up a client voluntarily for Making Tax Digital for Income Tax.

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.

The Autumn Budget will be on 30 October 2024. The Government has also published some tax documents.

Two sets of regulations have been introduced which bring into force the Employment (Allocation of Tips) Act 2023, ss 1-8, 10-12 and also bring into effect the statutory Code of Practice on Fair and Transparent Distribution of Tips.

The OECD has published reports on ‘Bringing tax transparency to cryptoassets’, ‘Beneficial ownership and tax transparency – implementation and remaining challenges’, ‘Taxation and inequality’, and ‘Strengthening International Tax transparency on real estate – from concept to reality’.

HMRC has produced information for use by stakeholders to communicate with pensioners about simple assessments.

The Association of Taxation Technicians (ATT) has met with James Murray MP, the Exchequer Secretary to the Treasury, to discuss priorities for reforms to the tax system and how it can support economic growth.

New guidance has been issued as to when substantive, interlocutory and permission to appeal decisions of the Upper Tribunal (Tax and Chancery Chamber) will and will not be published.

The Association of Taxation Technicians (ATT) has urged HMRC to clarify the rules around the tax exemption for workplace nursery benefit schemes after some promoters incorrectly promised tax breaks for those buying childcare places.