The Valuation Office Agency has published technical guidance within its Rating Manual section 4 that outlines the valuation methodologies used to assess non-domestic business properties. This manual provides detailed instructions on how rating valuations are calculated for commercial premises. The guidance applies to valuers, local authorities, and property professionals involved in the business rates system.
Source: HMRC (GOV.UK) – Read the original
HMRC has released guidance documenting the current availability and any technical issues affecting the Making Tax Digital for Income Tax service. This resource allows users to check whether the platform is operational and to identify any disruptions that may impact their ability to submit tax information. The guidance serves as a central point for traders and accountants to verify service status before attempting to access or use the Making Tax Digital system for income tax purposes.
Source: HMRC (GOV.UK) – Read the original
HMRC has introduced a new online tool that allows businesses and individuals to identify their specific tax filing and payment deadlines and synchronise them with their calendar systems. The tool provides personalised deadline information based on tax type and circumstances. This resource aims to help traders and logistics professionals stay compliant with their tax obligations by centralising deadline management in one accessible location.
Source: HMRC (GOV.UK) – Read the original
HMRC issues periodic newsletters providing updates and practical guidance on Inheritance Tax matters and trust administration. These publications keep practitioners and taxpayers informed of changes to tax treatment, policy updates, and administrative procedures affecting trusts and estates. The newsletters serve as an official resource for understanding the latest developments in this area of tax compliance.
Source: HMRC (GOV.UK) – Read the original
HMRC has made available a range of educational resources including email updates, videos and webinars specifically designed to help company directors understand their compliance obligations. These materials cover various aspects of director responsibilities relevant to customs, trade and tax matters. The resources are accessible to company directors who wish to stay informed about their legal duties and regulatory requirements.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance enabling businesses to check the current availability of the VAT payment plan service and identify any technical issues that may affect access. The guidance helps traders determine whether the service is operational and provides information on known problems that could impact their ability to set up or manage payment arrangements. This resource assists businesses in planning their VAT compliance activities around periods when the service may be unavailable or experiencing disruptions.
Source: HMRC (GOV.UK) – Read the original
HMRC has published information under the Freedom of Information Act regarding the probity and propriety checks conducted on honours nominations. The release covers the procedures and checks implemented to ensure the integrity of the honours nomination process within the department. This disclosure provides transparency on how HMRC vets and validates nominations before submission.
Source: HMRC (GOV.UK) – Read the original
More than 436,000 sole traders and landlords have now submitted their inaugural quarterly tax updates under the Making Tax Digital for Income Tax scheme. This milestone represents the successful uptake of the new digital reporting requirements among self-employed individuals and property owners. The figure demonstrates widespread compliance as these groups transition to quarterly digital reporting rather than annual tax returns.
Source: HMRC (GOV.UK) – Read the original
HMRC has published current guidance on excise duty rates applicable to light oils, heavy oils, biofuels and road fuel gases. The guidance sets out the duty payable on different fuel categories and any eligible allowances that may apply. Businesses handling these fuel types should refer to this guidance to ensure correct duty calculation and compliance with current rates.
Source: HMRC (GOV.UK) – Read the original
Form D36 enables taxpayers to provide comprehensive details of land, buildings, and underwood assets that are part of a chargeable event declaration on form IHT100. This supplementary form ensures HMRC receives full information about property and land assets included in inheritance tax chargeable events. The form is essential for accurate reporting of real property valuations and asset transfers during the chargeable event process.
Source: HMRC (GOV.UK) – Read the original