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VAT will be removed from domestic electricity bills from October 2026, announced new prime minister Andy Burnham. The rate of VAT charged will be reduced from its current rate of...

HMRC accepts that supplies of General Medical Council (GMC) registered locum doctors, including those made through employment businesses, may fall within the VAT exemption for the...

Arrangements involving shares in a family investment company to mitigate inheritance tax were not a reasonable course of action, the general anti-abuse rule (GAAR) panel has ruled....

Draft legislation has been published for consultation on data that HMRC receives on interest income and card sales from third parties such as banks, building societies, merchant...

Overseas countries made 1,553 requests to HMRC for information on UK taxpayers in 2025, up from 1,477 in 2024 and a five-year high, as they step up scrutiny of hidden offshore...

Making tax digital Sole traders and landlords earning more than £50,000 from their self-employment and property must submit their first making tax digital for income tax quarterly...

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In 2025-26, HMRC raised tax revenues of £966.4bn, an increase of £90.4bn on the previous year, according to the department’s annual report and accounts for...

Among the draft legislation published by the government on 13 July 2026 is a measure introducing new requirements to correct inaccuracies in returns and documents provided to HMRC....

As stated in the 2026 tax update, HMRC has published a consultation on removing National Insurance contributions (NICs) debt from the scope of the Limitation Act 1980 and aligning...

HMRC must do more to tackle the risk of multinationals diverting profits across borders, says the Public Accounts Committee (PAC) in a report on large business tax compliance. This...

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