HMRC manual changes: 31 October 2019

This roundup sets out the most important changes to HMRC manuals over the past week

DIRECT TAXES

Bank Levy Manual

HMRC has updated Bank Levy Manual amending:

•BKLM321000–BKLM322300 on relevant entities and groups
•BKLM331105 and BKLM331110 on different exempt amounts before and after 31 December 2014 in relation to Financial Services Compensation Scheme deposits
•BKLM331150 and BKLM331500 on excluded equity and liabilities
•BKLM360000 and BKLM361000 on the treatment of high-quality liquid assets before and after 31 December 2014
•BKLM442000 and BKLM442100 on HMRC’s collection and management responsibility for groups and the nominated entity to reflect changes from 15 March 2018

Capital Allowances Manual

HMRC has rewritten guidance on the following topics:

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This roundup sets out the most important changes to HMRC manuals over the past week

DIRECT TAXES

Bank Levy Manual

HMRC has updated Bank Levy Manual amending:

•BKLM321000–BKLM322300 on relevant entities and groups
•BKLM331105 and BKLM331110 on different exempt amounts before and after 31 December 2014 in relation to Financial Services Compensation Scheme deposits
•BKLM331150 and BKLM331500 on excluded equity and liabilities
•BKLM360000 and BKLM361000 on the treatment of high-quality liquid assets before and after 31 December 2014
•BKLM442000 and BKLM442100 on HMRC’s collection and management responsibility for groups and the nominated entity to reflect changes from 15 March 2018