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The number of VAT investigations launched by HMRC into large and medium-sized businesses jumped 31% last year to 11,894 for the year ended 31 March 2025, up from 9,071 the previous...

The next Welsh government should prioritise accountability and good governance in tax policy-making, urges the Chartered Institute of Taxation in a letter to spokespeople of the...

Practice news from around the country.

Cash accounting scheme: exceeding the threshold.

VAT HMRC has published the VAT road fuel scale charges that apply from the start of the next prescribed accounting period beginning on or after 1 May 2026. The scale charges can...

On 1 April 2026, the work of the Valuation Office Agency (VOA) was brought into HMRC, and the VOA has ceased to exist as an executive agency. The Valuation Office is now...

In the fourth and final issue of Ready, Steady, File!, HMRC’s newsletter for participants of the 2025 making tax digital (MTD) testing programme, HMRC reveals that at the end...

HMRC has confirmed that it will treat any taxpayer who included an SA109 on their 2024-25 tax return as automatically temporarily exempt from making tax digital (MTD) for income...

The charter stakeholder group has launched a survey to obtain feedback on HMRC’s performance against the standards in its charter over the period 1 April 2025 to 31 March...

Guidance for visitor accommodation providers on the visitor levy that will apply in Cardiff from 1 April 2027 has been published by the Welsh Revenue Authority (WRA). Providers...

Venture capital trusts (VCTs) raised a total of £918m in 2025-26, which is 3% higher than the amount raised in the previous tax year (£895m) and the third highest...

UK-touching clients with international pension arrangements.

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