Issue : Vol 198, Issue 5055

Confession time

The UK tax policy laboratory

New for old

Tilting the scales

Consultation carousel spins again

The First-tier Tribunal decision in G Khan (TC10029).

VAT

Corporate tax

VAT

Charitable donations

Deregistration dilemma: VAT accounting on final return One of our clients deregistered from VAT on 31 March 2026 because he closed his sole trader consultancy business to take early retirement. He...

HMRC has succeeded in reducing tax debt as a proportion of tax receipts for three consecutive years, while managing significantly more new debts since the pandemic, says the National Audit Office in a...

The Taxation (Wales) Bill was laid before the Senedd on 19 October 2026. The Bill proposes technical and administrative amendments to Wales’s devolved tax legislation, without introducing new taxes or...

A new inquiry into what it takes to start and build a business in Britain – from selling on eBay or running a market stall to becoming a self-employed tradesperson or founding a technology company –...

HMRC is not seeking permission to appeal the First-tier Tribunal’s decision in Tapi Carpets (TC9975). The decision is therefore final. Independent VAT consultant Neil Warren said: ‘It was a surprise...