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In brief: 27 March 2025

© Copyright LexisNexis 2025. All rights reserved.

24 March 2025

Issue: 4978 / Categories: News

Finance Act

Finance Act 2025 received royal assent on 20 March.

tinyurl.com/financeact2025

Peru

The 2025 UK-Peru double taxation convention was signed on 20 March. It will enter into force on completion of the procedures required by the law of both countries.

tinyurl.com/hmrcperudtc

Tax charities

The tax charities TaxAid and Tax Help for Older People have announced some fresh fundraising walks and hikes.

tinyurl.com/taxaidthfopwalks

Social security

The Social Security Benefits Up-rating Regulations SI 2025/352 give effect to the 2025 benefits and pensions up-rating exercise.

tinyurl.com/s2025352i

Capital gains

HMRC has issued a new online calculator to work out adjustments required to tax returns for the 2024-25 tax year as a result of the increases to the main rates of capital gains tax on 30 October 2024. This is because the self-assessment tax return will not automatically take into account the rate changes for disposals...

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In brief: 27 March 2025

© Copyright LexisNexis 2025. All rights reserved.

24 March 2025

Finance Act

Finance Act 2025 received royal assent on 20 March.

tinyurl.com/financeact2025

Peru

The 2025 UK-Peru double taxation convention was signed on 20 March. It will enter into force on completion of the procedures required by the law of both countries.

tinyurl.com/hmrcperudtc

Tax charities

The tax charities TaxAid and Tax Help for Older People have announced some fresh fundraising walks and hikes.

tinyurl.com/taxaidthfopwalks

Social security

The Social Security Benefits Up-rating Regulations SI 2025/352 give effect to the 2025 benefits and pensions up-rating exercise.

tinyurl.com/s2025352i

Capital gains

HMRC has issued a new online calculator to work out adjustments required to tax returns for the 2024-25 tax year as a result of the increases to the main rates of capital gains tax on 30 October 2024. This is because the self-assessment tax return will not automatically take into account the rate changes for disposals...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

Issue:

4978

Categories: News [1]

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NEWS

Key problems must be solved before making tax digital is implemented, warns ICAEW Informal money transfer businesses to register Professionals expect access to AI tools Patent box relief awareness remains low New service for authorised corporate service providers

Third slide

Deadline dates for March 2025

CASES

Too late to reinstate appeal Preliminary studies were qualifying costs Hypothetical contract was one of employment Setting repayment against next return fails to avoid penalty Holiday let business amounted to holding of investments

MOST POPULAR

This week's opinion: 27 March 2025 Key problems must be solved before making tax digital is implemented, warns ICAEW Informal money transfer businesses to register Professionals expect access to AI tools Patent box relief awareness remains low

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