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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...
Scottish councils will have more choice in how they design and apply a visitor levy to raise funds for local tourist services, under revised legislation. While local authorities...
HMRC is expanding its use of artificial intelligence (AI) to reduce the tax gap, said Dan Tomlinson, secretary to the Treasury, in response to a question from Shaun Davies (Lab)....
The government is consulting on secondary legislative changes to update and simplify aspects of the construction industry scheme (CIS), coming into force from 6 April 2026. It...
The government is seeking views on the removal of customs duty relief for low value imports (LVIs) by March 2029 – as announced in the 2025 Budget. Currently, goods with a...
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