Issue : Vol 197, Issue 5015

HMRC has decreased interest rates for late payments for most taxes, after the Bank of England’s decision in December to reduce the base rate to 3.75%. From 29 December 2025, the rate for late...

HMRC received 4,606 self-assessment tax returns on Christmas Day – a small increase on the same day in 2024, when 4,409 were submitted. The peak time for filing was between 1pm and 2pm when 359...

Employers of record

1 February 2026 £100 penalty and extended enquiry window if 2024-25 self-assessment tax returns not filed on or by 31 January 2026. Payment of corporation tax liabilities for accounting periods ended...

T Watts v CRC, Court of Appeal, 12 December 2025

CRC v Bryan Robson Ltd, Upper Tribunal (Tax and Chancery Chamber), 5 December 2025

S Hall (TC9703)

R Thomas (TC9716)