HMRC manual changes: 24 March 2023

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

Direct taxes

Manual	Page	Comments
Company Taxation Manual	Updated: CTM03955	Update to the guidance on apportionment to notional accounting periods for the purposes of the small profits rate in respect of periods straddling 1 April 2023 and inclusion of example involving chargeable gains.
Employment Related Securities Manual	Updated: ERSM163200	Minor amendment to clarify in the context of internationally mobile employees that If there is a reportable event such as the exercise of an employment-related securities option the ‘other’ template (previously Form 42) must be completed see ERSM140000 onwards).
Inheritance Tax Manual	Updated: IHTM04142	Added content on the IHT...

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This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

Direct taxes

Manual	Page	Comments
Company Taxation Manual	Updated: CTM03955	Update to the guidance on apportionment to notional accounting periods for the purposes of the small profits rate in respect of periods straddling 1 April 2023 and inclusion of example involving chargeable gains.
Employment Related Securities Manual	Updated: ERSM163200	Minor amendment to clarify in the context of internationally mobile employees that If there is a reportable event such as the exercise of an employment-related securities option the ‘other’ template (previously Form 42) must be completed see ERSM140000 onwards).
Inheritance Tax Manual	Updated: IHTM04142	Added content on the IHT...