Tax Matters Digest
Tax Matters Digest
Read KPMG's bi-weekly newsletter which covers the latest issues in taxation and government announcements relating to tax matters.
Join our mailing list
Sign up for Tax Matters Digest alerts to keep yourself up to date with the latest developments in tax and how your business will be affected.
Latest updates
Where to find our written commentary and recordings of our live events
Budget: Windfall tax on oil and gas extended
The Energy Profits Levy will be extended by a year to March 2029 and the price floor will be legislated
Budget: Additional support for the creative industry sectors
Additional support for Independent Film and visual effects expenditure along with permanent extensions for cultural tax reliefs
Budget: SDLT Multiple Dwellings Relief abolished
Multiple Dwellings Relief from SDLT on purchases of residential property will be abolished from 1 June 2024
Budget: Tax measures for Financial Services
Measures of particular interest to Financial Services include the Reserved Investor Fund and an increase to the Economic Crime Levy
Budget: further reduction to employee’s NIC confirmed
What are the issues for employers?
Budget: Reform of the UK’s Non-Dom Regime
Chancellor announced the abolition of the non-dom regime from 6 April 2025 – we consider the impact of its residence-based replacement here
Budget: Inheritance Tax based on UK residence from 6 April 2025
Tax residence, not domicile, will determine whether non-UK assets are subject to UK inheritance tax from 6 April 2025
Budget: Other tax measures for business
Includes an extended window for Freeport and Investment Zone tax reliefs and increases in VAT registration threshold and landfill tax rates
The Economist's Toolkit in Transfer Pricing
An exploration of how economists use the ‘economist's toolkit' to solve transfer pricing problems
International review for February 2024
Tim Sarson reports on the OECD’s first statistics on ICAP, EU updates and Australia publishing revised draft CbCR legislation
Week in Tax – 19 – 23 February 2024
Every week, KPMG member firms around the world publish updates on developments in their country. Week in Tax highlights a selection that may be of interest to our readers.
Week in Tax – 26 February – 1 March 2024
Every week, KPMG member firms around the world publish updates on developments in their country. Week in Tax highlights a selection that may be of interest to our readers.
Indirect Tax Weekly Talking Points – 28 February 2024
Read Talking Points to keep up to date on recent Indirect Tax developments.
Indirect Tax Weekly Talking Points – 6 March 2024
Read Talking Points to keep up to date on recent Indirect Tax developments.
A round up of other news this week.
© 2024 KPMG LLP a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organisation please visit https://kpmg.com/governance.