Find out about the latest updates
Here are a couple of recent updates by HMRC to its manuals. Follow the links for the detailed articles on these changes.
Updates to confirm tax relief on capital allowances for partnerships with corporate members
Changes to HMRC’s guidance on classification and benefit in kind implications for double cab pick-ups with effect from 1 July 2024
Note: this guidance has since been withdrawn by HMRC
HMRC call for evidence on Tax Administration Framework Review
HMRC has published a consultation calling for evidence on its review of the Tax Administration Framework: the system of instructions, guidelines and obligations underpinning the tax system.
The call for evidence invites views on how certain aspects of tax administration could be reformed as part of the government's commitment to establish a trusted and modern tax administration system.
The consultation covers wide-ranging options for reforms on enquiries and assessment powers, penalties and safeguards, and will impact practitioners.
ACCA will be responding to the call for evidence on behalf of members and, to strengthen the response, is asking for member comments, feedback and insights on the various issues raised in the consultation.
The consultation closes on 9 May 2024 but members are requested to send their comments by 12 April 2024 to ukpolicy@accaglobal.com.