Total tax and National Insurance of £938.8bn was collected by HMRC for the year to March 2026, which is £80.2bn higher than the same period last year, according to...
HMRC has highlighted a scheme being promoted to landlords as a way to structure their property businesses and reduce their tax bills.
The arrangement is typically set up in the...
The rate of the electricity generator levy (EGL) is to increase from 45% to 55%, the exchequer secretary to the Treasury Dan Tomlinson has confirmed. It will also be extended past...
HMRC will contact thousands of 21-year-olds whose child trust funds (CTFs) remain unclaimed in a bid to reunite them with their accounts, worth £2,200 on average.
Introduced...
HMRC’s overlap relief online service ‘Get your overlap relief figure’ will close from 1 June 2026.
This is because it was relevant only to the 2023-24 tax year...
Electric vehicle charging
HMRC has confirmed that it is appealing the First-tier Tribunal’s decision in Charge My Street (TC9802), which concerned electric vehicle (EV) charging....
In its April Agent Update, HMRC states it is conducting a three-month trial that aims to ‘evaluate simplified language for communicating tax code changes and to clarify how...
Views are sought on the draft regulations that will come into effect on 1 January 2027 alongside the carbon border adjustment mechanism (CBAM). It includes the legislative...
HMRC has launched an online tool to help apportion the £2.5m allowance for agricultural property relief (APR) and business property relief (BPR) across qualifying assets.
The...