HMRC’s fraud investigation service (FIS) amended 2,100 research and development (R&D) tax relief claims in 2022 and 2023 using powers in FA 1998, Sch 18 para 16, according to data...
Savers will be able to hold fractional shares in individual savings accounts (ISAs), HMRC has said.
In the past, fractional shares have not qualified for ISAs. However, this is...
Trusts
The August edition of HMRC’s trusts and estates newsletter is available.
tinyurl.com/hmrctenaug24
ADIT results
The CIOT announced that 509 students passed at least one exam...
HMRC estimated £5.5bn was lost due to tax evasion in 2022-23 – 81% from small businesses (up from 66% in 2019-20), according to a new National Audit Office (NAO) report...
Savers will be able to hold fractional shares in individual savings accounts (ISAs), HMRC has said. This will allow ISA holders to invest in listed shares which they may otherwise...
HMRC’s fraud investigation service (FIS) amended 2,100 research and development (R&D) tax relief claims in 2022 and 2023 using powers in FA 1998, Sch 18 para 16,...
1 October 2024Corporation tax due for periods ended 31 December 2023 for SMEs not liable to pay in instalments.5 October 2024Advise HMRC of income tax or CGT liabilities for...
Payroll changes on how employers report their employees’ hours worked due to come into force from April 2025 have been delayed until April 2026, HMRC has confirmed.A...
The number of families having to pay inheritance tax on lifetime gifts has been surging, according to data obtained by Evelyn Partners in response to a freedom of information...
HMRC has published Agent Update 122 providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents. It includes articles on...
Businesses want a moratorium on business tax changes from the incoming government, according to a new survey of 500 mid-market businesses from BDO.When asked what they wanted to...
HMRC has announced new fuel rates for company cars. They apply to all journeys on or after 1 September 2024, until further notice.For one month from the date of change, employers...