This month, Tim Sarson (KPMG) reviews the Pillar Two Side-by-Side package, the Japanese tax proposals and the French Budget, and considers what to expect in the coming year....
The Finance Bill rules introduce further complexity to the earlier draft provisions and place an unwelcome reliance on HMRC guidance, write Sarah Bond, Edward Buxton and David Haughey (Freshfields)....
Sarah Richards (Sedulo Tax Advisory) explains why establishing a UAE image rights structure does not in itself remove UK tax exposure....
Jennifer Plummer (BDO) considers the requirements for this valuable relief and outlines some of the complexities involved where corporate structures are not straightforward....
On 20 January 2026, the Welsh government published its final Budget for 2026/27. It confirms tax proposals including maintenance of the current Welsh rates of income tax, no changes to the current land transaction tax rates, and new landfill...
The CIOT has warned that proposed changes to NICs on salary sacrifice could lead some employers to withdraw salary sacrifice arrangements, reducing employees’ overall retirement savings. In a briefing note published on 23 January, the CIOT...
This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.
HMRC have reported a rise in the number of FINs, and highlighted changes to the definition of ‘financial institution’ in the Common Reporting Standard. On 15 January 2026, HMRC published its fourth report on the use of FINs covering the period from...
Tax Journal thanks its authors for January (click on links below to view author profiles and access their contributions):Jonathan Athow - HMRC’s priorities for 2026: building for the futureJohn Barnett – Grandfathering
The CIOT and the ATT have both welcomed the House of Lords Finance Bill Sub-Committee report (published 28 January 2026) on the Government’s IHT reforms affecting unused pension funds and changes to agricultural and business property reliefs...
