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NEWS

Recent developments in tax.

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.
One of the more notable motions passed at the Labour Party conference this year was the Public Spending motion (Composite Motion 14) calling on the Government, among other things, to ‘commit to ensuring that any gaps in public expenditure are...
The ATT’s latest collection of ‘digital housekeeping’ tips for agents, in preparation for the mandatory introduction of Making Tax Digital for Income Tax in April 2026, considers software, making sure agents are registered for an Agent Services...
HMRC’s latest R&D statistics show a 2% downturn in the provisional estimated amount of total R&D tax relief support in 2023/24, at £7.6bn, with total R&D expenditure down 1% at £46.1bn. The number of claims, however, was down by 26% compared to the...
The ATT reports that, from 1 October 2025, agents can reactivate a client’s self-assessment account by calling the Agent Dedicated Line and selecting the relevant option from the ADL menu. HMRC have said that agents can then discuss up to five...
Further to HMRC’s recent overhaul of their quarterly advisory fuel rates publication to expand detail on electric vehicles (EVs) with separate advisory rates for public chargers and home chargers, HMRC have now added a short explanation around...
In a letter to HM Treasury, the CIOT suggests that the Government consider an optional temporary repatriation facility (TRF) clearance service to allow taxpayers to agree figures with HMRC ahead of filing tax returns or making remittances to the UK –...
The Scottish Budget for 2026/27 is expected to be presented on 15 January 2026. In a letter to the Scottish Finance and Public Administration Committee, Shona Robison, Cabinet Secretary for Finance and Local Government, confirmed the Scottish...
The Professional Conduct in Relation to Taxation principles and standards for members of the CIOT, ATT and the other professional bodies have been updated. With effect from 1 January 2026, the guidelines will incorporate new ethical provisions...
HMRC have refreshed their guidance for anti-money laundering regulated firms on information-sharing measures in the Economic Crime and Corporate Transparency Act 2023. Along with general updating, a new paragraph 45 has been added on the application...
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