A call for evidence to gather information as part of the independent loan charge review announced in January, has been launched by the Treasury.
Ray McCann, who is leading the...
HMRC’s personal tax query resolution service for agents is now live. Further details are available in HMRC’s Tax Agents Handbook.
Agents are reminded that, before...
Companies should beware of a scheme that uses advertising and marketing expenditure to reduce taxable profits and disguise employment income in the form of redeemable loyalty...
The Welsh Revenue Authority (WRA) has published its Corporate Plan 2025.
The authority currently manages land transaction tax and landfill disposals tax. Under the new plan, it...
The Treasury has published a technical note covering the tax implications for companies and employees in relation to employees trading their shares on the Private Intermittent...
UK business achieved £174bn in exports to the 27 member states of the EU in the past year (year end 31 January 2025), up 22% on the £143bn exported to the EU in 2020-21...
Employer National Insurance
The National Insurance Contributions (Secondary Class 1 Contributions) Act 2025 has received royal assent and takes effect from 6 April. It increases...
Several consultations concerning tax compliance have been published after the chancellor’s spring statement.
Enhancing HMRC’s ability to tackle tax advisers...
HMRC may suspend an agent account without notice if it believes that it has been compromised. In Agent Update 129, HMRC says agent online service accounts (AOSAs) and agent...
The number of claims for research and development (R&D) tax relief ‘corrected’ by HMRC’s fraud investigation service has quadrupled, according to data...
From 6 April, HMRC interest rates for late payments will be increased by 1.5% for all taxes after a change in legislation – as announced in the autumn Budget 2024.
As a...