14 July 2023
HM Revenue and Customs (HMRC) has now updated the GOV.UK guidance.
Below are some of the key updates for this week:
- Charities: detailed guidance notes on how the tax system operates - chapter 3.13.2 has been updated to explain the waiving of a refund or loan repayment by an individual can be considered a donation if certain conditions are met
- How to register and use the apprenticeship service as an employer - the way users sign in to their apprenticeship service account has changed. The 'Before setting up your apprenticeship service account' section has been updated to reflect this
- Claim back Income Tax when you've stopped working - how to claim a refund in the current tax year if you are not getting taxable benefits or a pension from your employer and you've not started a new job (P50)
- Find payroll software that is recognised by HMRC - the page has been updated with one addition
- Abolishing the pensions lifetime allowance - a tax information and impact note about the abolition of the lifetime allowance for pensions has been added
- Pensions tax relief — amendments to the relief at source legislation - necessary changes to the legislative framework.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.
