National Insurance
HMRC has published the 2026 edition of the National Insurance guide CWG5. It provides guidance for employers on class 1A contributions on benefits in kind,...
HMRC is writing to taxpayers who will have to sign up to making tax digital (MTD) for income tax from April 2026 based on the information included in their 2024-25 self-assessment...
HMRC received 11,489,825 self-assessment tax returns for the 2024-25 tax year by the Saturday 31 January deadline. This figure includes expected and voluntary returns as well as...
The number of investigations into underpaid inheritance tax (IHT) rose from 3,793 to 3,977 over 2024-25, netting HMRC an additional £246m, according to a response from a...
In 2025, there were 23,938 registered company insolvencies, comprising 18,525 creditors’ voluntary liquidations (CVLs), 3,730 compulsory liquidations, 1,495 administrations,...
The Scottish government has published a consultation on a Highlands and Islands exemption for the air departure tax (ADT), which is due to take effect from 1 April 2027.
The...
Tax rates
A definitive list of rates and thresholds for 2026-27 is available.
tinyurl.com/govtaxrates2627
Trusts and estates
HMRC’s Trusts and Estates Newsletter for February 2026...
HMRC and the government should take steps to implement practical reforms to improve compliance, reduce error and ease pressure on both taxpayers and professionals, recommends the...
A lack of consultation on the government’s changes to inheritance tax was a theme throughout the House of Lords Economic Affairs Finance Bill subcommittee enquiry into the...
New guidance to help taxpayers navigate making tax digital (MTD) has been published by the Low Incomes Tax Reform Group (LITRG).
Its making tax digital information hub has been...
In the period from April to September 2025, HMRC issued 369 penalties with a value of £1,881,237 to businesses that breached money laundering regulations.
These include 170...