Read about the latest updates from HMRC and our partners
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Note: this guidance has since been withdrawn by HMRC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.
Find out more about the consultation.
You’re invited: participate in an HMRC webinar
As a valued member of our community, we’re committed to sharing events and opportunities that bring you value and help you work smarter. On behalf of ACCA, we’d like to invite you to join a webinar with Jonathan Athow, hosted by Intuit QuickBooks.
Jonathan will share HMRC’s tax modernisation strategy for the next 10 years, efforts to put customers at the heart of HMRC’s agenda, and how his team are addressing the challenges related to Making Tax Digital (MTD). He will also address questions from the audience. This is a great opportunity to hear directly from senior government leadership and add your voice to the UK tax policy conversation.
Details below:
You’re invited: participate in an HMRC webinar
What: Join Jonathan Athow, director general of customer strategy & tax design, HMRC and Intuit’s chief corporate affairs officer Michael Kennedy for a fireside chat about HMRC’s 10-year strategy and audience Q&A.
When: 21 February 2024 at 11.10am GMT
Where: Register here
