Specialist Tax Statutory Instruments
SI 2024/714: These Regulations are made in exercise of legislative powers under the Retained EU Law (Revocation and Reform) Act 2023 (REUL(RR)A 2023) in connection with assimilated law. They bring into force REUL(RR)A 2023, s 6 (role of courts) on 1 October 2024.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
Taxation of loan relationshipsThe vast majority of companies will have loan relationships and so will need to consider how they are taxed under the loan relationship rules. There are also specific provisions dealing with relevant non-lending relationships and other deemed loan relationships.
Reverse charge ― buying in services from outside the UKThis guidance note covers the reverse charge that applies to services that have been bought in from outside the UK. For an overview of VAT and international services more broadly, see the International services ― overview guidance note. For
Fuel-related payments / mileage paymentsIntroductionMost employers will make payments to employees in relation to business travel. Among the most common payments in relation to business travel are fuel and mileage payments. If an employer does not reimburse these amounts, then the employee will be
