The government has revoked the 2010 Order that previously directed OFCOM to implement rules for wireless telegraphy licences, including spectrum trading, licence charges, and frequency auctions. The revocation takes effect as the original purposes of those directions have been fulfilled and the 2010 Order is no longer required. This order impacts businesses and organisations involved in wireless spectrum licensing and trading in the UK.
Source: legislation.gov.uk – Read the original
HMRC provides guidance on filling out, submitting, and amending tax returns through Making Tax Digital software for income tax purposes. The guidance covers the practical steps required for taxpayers to manage their self-assessment returns electronically using the mandatory digital platform.
Source: HMRC (GOV.UK) – Read the original
HMRC guidance explains the procedures for adding or removing income sources within the Making Tax Digital system for self-assessment income tax purposes. The guidance covers the administrative steps required when taxpayers need to update their income source information during the tax year or when circumstances change. This applies to individuals using the digital tax accounts for managing multiple income streams.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance on how to complete and submit tax returns using Making Tax Digital for Income Tax software, as well as instructions for making amendments to submitted returns. The resource provides step-by-step information for taxpayers required to use the digital platform for their tax return submissions.
Source: HMRC (GOV.UK) – Read the original
HMRC requires businesses and traders to keep their registered information current and notify the tax authority when significant changes occur. This guidance explains which circumstances trigger a requirement to update records and the timescales for notifying HMRC of those changes. Failure to report relevant changes can result in compliance issues and potential penalties.
Source: HMRC (GOV.UK) – Read the original
HMRC has launched Making Tax Digital for Income Tax, a new digital system for managing Self Assessment. The guidance covers how sole traders, landlords, and their agents will need to use this updated approach to file and manage their tax obligations. This represents a shift towards digital record-keeping and submission for these taxpayer categories. Agents managing client affairs will also need to understand the changes to support their clients’ compliance.
Source: HMRC (GOV.UK) – Read the original
HMRC has initiated a review of its PAYE Manual, which provides operational guidance to staff handling pay-as-you-earn processes for both individuals and employers. The guidance covers the administration of PAYE, a system that manages income tax and national insurance contributions from employees’ wages. Stakeholders and interested parties are invited to submit feedback on the current guidance to support HMRC’s review process. Comments can be directed to the HMRC manuals team at hmrcmanualsteam@hmrc.gov.uk.
Source: HMRC (GOV.UK) – Read the original
This guidance explains how self-employed individuals and property owners must create and maintain digital records of their income and expenses under the Making Tax Digital scheme for income tax purposes. The rules set out the requirements for keeping records in digital format to comply with Making Tax Digital obligations. Digital record-keeping is a mandatory requirement for eligible taxpayers within the scope of this initiative.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance outlining the current operational status of the VAT GIANT service, which allows users to access government and National Health Trust information online. The page provides real-time updates on service availability and notifies users of any technical issues or planned maintenance that may affect access. Businesses and organisations relying on this service should check this guidance regularly to stay informed of any disruptions to their compliance activities.
Source: HMRC (GOV.UK) – Read the original
HMRC requires businesses to notify them promptly when relevant circumstances change to ensure their registered details remain current and accurate. This guidance outlines which types of changes must be reported and the timeframes for notifying the tax authority. Failing to update information could impact customs clearance, trade compliance status, and ongoing business operations. Traders should review the specific notification requirements that apply to their organisation to maintain full compliance.
Source: HMRC (GOV.UK) – Read the original