NEWS

The Economic Crime (Anti-Money Laundering) Levy (Amendment) Regulations, SI 2025/1146, allow HMRC to repay amounts of overpaid economic crime levy where the collection authority in relation to the original debt was one of the other two collection...

HMRC’s latest Pension Schemes Newsletter includes coverage of two key points: common themes raised following an article in the previous edition of the Newsletter (September 2025, issue 173) on the tax treatment of tax-free pension lump sums and...

HMRC have published a newsletter for those who have enrolled in Making Tax Digital for Income Tax on a voluntary basis. This first edition summarises the various testing stages HMRC have been conducting in preparation for April 2026, and includes a...

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

The Post Office Capture Redress Scheme (Tax Exemptions and Relief) Regulations, SI 2025/1130, exempt compensation payments made under the Post Office Capture Redress Scheme from income tax, capital gains tax, corporation tax (where applicable), and...

In a speech designed to set the context and, perhaps, manage expectations ahead of her 26 November 2025 Budget, the Chancellor reaffirmed her ‘ironclad’ commitment to the fiscal rules set at the 2024 Budget, and ‘to deal with the world as we find...

The Welsh Government has published its Detailed Draft Budget Report – the second part of its two-stage Draft Budget, setting out more detail around spending plans for each of the ministerial portfolios. Proposals on the devolved taxes were set out in...

In a small but significant amendment, the Income Tax (Pay As You Earn) (Amendment No. 2) Regulations, SI 2025/1144, update the definition of ‘Inland Revenue’ in the PAYE regulations (SI 2003/2682) to include ‘Commissioners’ of HMRC, rather than...

A new Direction issued by HMRC specifies the Personal Tax PAYE digital services as the approved method of electronic communication for the giving of a notice of tax code to an employee. The digital PAYE service for employees is part of HMRC’s...

With around 780,000 people expected to fall within the first mandation phase of Making Tax Digital for Income tax from April 2026, and a further 970,000 coming within scope from April 2027, TaxAid has pointed out the ‘unprecedented pressure on those...