Draft legislation
Draft legislation for the Finance Bill 2025-26 was published on 21 July. It includes the new income tax regime for carried interest, the inheritance tax...
The problem affecting some self-assessment taxpayers in relation to class 2 National Insurance contributions (NICs) for the last tax year is unlikely to be resolved until the end...
The total extra tax collected through tax investigations and other compliance work increased 15% last year to a record £48bn, up from £41.8bn in the year before,...
The ATT supports the introduction of VAT relief for business donations of goods to charity, as proposed in HMRC’s recently closed consultation on the VAT treatment of such...
HMRC used fewer than five crypto wallet freezing orders (CWFrOs) and crypto wallet forfeiture orders (CWFOs) since their introduction in April 2024, according to data received in...
A new online service accessible through the personal tax account and HMRC app, is being introduced for PAYE taxpayers making it easier to check and update incomes, allowances,...
Agent updateThe July edition of HMRC’s agent update has been published.
tinyurl.com/hmrcau133
ChildcareThe Childcare Payments (Eligibility) (Amendment and Transitional Provisions)...
Data analytics are a vital tool to help tackle fraud and error, which the National Audit Office (NAO) estimates cost the taxpayer between £55bn and £81bn in...
Up to 440,000 small and medium-sized entities (SMEs) believe it will become more difficult to pay tax bills in the year ahead, as business tax rises come into effect, according to...
The number of real estate investment trusts (REITs) in breach of the special tax-exempt regime has nearly quadrupled over the past year, according to data obtained by international...
Criminal investigators from HMRC joined more than 100 Romanian police officers to arrest 13 individuals in Romania suspected of making fraudulent tax repayment claims using...
Penalties for non-compliance with transfer pricing rules have fallen, according to research by LCN Legal, a specialist provider of legal services to multinational groups.
Data...