The Treasury Committee is launching an inquiry reflecting on the Office for Budget Responsibility’s (OBR) first 15 years. It is seeking evidence on the OBR’s...
HMRC has announced the finalists of a competition launched in July 2025 to help close the tax gap, bringing together expertise from across the UK’s private sector to harness...
Employer BulletinThe December edition of HMRC’s Employer Bulletin includes articles on preparing for new PAYE responsibilities in labour supply chains, clarifying the optional...
The total VAT receipts in the financial year 2024-25 increased by 2% to £171bn from £168bn in 2023-24, according to HMRC statistics. The changes in total VAT receipts...
HMRC has announced new fuel rates for company cars. They apply to all journeys on or after 1 December 2025, until further notice. For one month from the date of change, employers...
HMRC has reminded employers about the permanent easement on reporting PAYE information in real time over Christmas.
Employers that pay early should report the normal or...
The soft drinks industry levy (SDIL) is to be extended to packaged milk-based drinks, the government has announced. A ‘lactose allowance’ will be introduced to account...
HMRC’s large business directorate opened investigations into 184 of the largest EU companies operating in the UK in the last year – a 10% rise from 168 the year before...
The penalties for late filing of corporation tax returns are set to double from April 2026.
The government said filing penalties for corporation tax returns were set in 1998 and...
A call to gather views and evidence on tax policy support for investment in high-growth UK companies has been launched by the Treasury. It seeks views on the effectiveness of...