Inheritance tax collected in 2022-23 was £6.70bn, a rise of £0.71bn (12%) compared to the previous year, according to recent HMRC statistics. HMRC explains this rise is...
More than three quarters (78%) of accountants have clients who missed research and development (R&D) tax relief due to failure to notify HMRC under the new requirements for...
The Department for Business and Trade has published its small business plan, setting out a long-term plan for government support for small and medium-sized businesses.
The strategy...
1 September 2025
Pay corporation tax liabilities for periods ended 30 November 2024 if not liable to pay by instalments.
Check HMRC website for changes to car mileage fuel rates.
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The government will not proceed with making tax digital (MTD) for corporation tax, HMRC’s transformation roadmap confirmed.
The department says it recognises that the...
HMRC should take a more active role in setting standards for tax return software, states the Institute of Fiscal Studies’ tax law review committee in a new discussion...
Capital gains tax receipts fell in 2023-24 for the second consecutive year, reveals data released by HMRC.
In 2023-24, the total CGT liability was £12.1bn, a 19% decrease on...
The government is consulting on the tax relief available for the costs of remediating contaminated or long-term derelict land.
This consultation will review the effectiveness of...
New measures designed to help tax agents manage their clients’ affairs online are promised in HMRC’s transformation roadmap. The department has confirmed it will:...
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...