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Fuel duty receipts for April 2025 to December 2025 are £18.5bn, which is £0.1m higher than the same period last year, according to HMRC monthly tax receipts. This...
HMRC issued £325m in penalties and interest charges to taxpayers who paid their 2023-24 self-assessment tax late, says UHY Hacker Young. At least 600,000 taxpayers failed to...
Self assessment HMRC announced that just over a week before the self-assessment deadline, 8.6 million people had already filed their return for the 2024-25 tax year, leaving 3.3...
Cabinet secretary for finance Shona Robison delivered the Scottish government’s 2026-27 Budget on 13 January. The key tax announcements are: the higher, advanced and top rate...
HMRC cancelled the lowest proportion of late filing and late payment penalties in four years, despite issuing fewer penalties overall, according to research from Price Bailey. Data...
The Budget change to cash individual savings accounts (ISAs) ‘risks complicating the ISA landscape and confusing consumers’, according to the Treasury Committee. In a...
HMRC has published new guidance on overseas workday relief (OWR) and the characterisation of earnings. Where an employee benefits from OWR in a pre-April 2025 tax year, it is...
Estates in London and the south east pay 45% of all UK inheritance tax, responsible for 23% and 22% respectively, according to analysis of HMRC data for 2022-23 by TWM Solicitors....

UK host employer regulations and NICs – a trap for the unwary.

Gift aid allowance for high income individuals

Agent update HMRC’s Agent Update 139 includes articles on voluntary National Insurance contributions for periods abroad, foreign income and gains used as collateral for loans, as...
The 147 countries and jurisdictions in the Organisation for Economic Co-operation and Development (OECD)/G20 inclusive framework on base erosion and profit shifting (BEPS) have...
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