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HMRC manual changes: 23 June 2023

Direct taxes  

Manual  Page  Comments 
Capital Allowances Manual Updated: CA23510 Paragraph added to plant and machinery guidance to clarify that small limousines should be treated as cars.
 
Capital Gains Manual Updated: CG38660 The paragraph on occupier’s costs has been updated to reflect the potential treatment of payments as capital (rather than income) in some circumstances where trustees use capital to pay personal expenses of a beneficiary.
 
Company Taxation Manual Updated: CTM82100 Example showing order of claims where group relief for carried-forward losses is sought amended to include further explanatory wording.
 
  Updated: CTM82190 Further explanatory wording added to comprehensive example demonstrating order of claims where group relief for carried-forward losses is sought.

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