NEWS

HMRC have updated their guidance on reporting Pillar Two top-up taxes and published Notice 3 on the submission of returns. Notice 3 contains tertiary legislation with force of law and sets out requirements for Pillar Two self-assessment returns,...

The CIOT has written to HMRC about the application of reg 20A of the Income Tax (Construction Industry Scheme) Regulations, SI 2005/2045, which is intended to remove most payments made by landlords to tenants from the scope of the Construction...

HMRC have published a new Capital versus Revenue expenditure toolkit, setting out risks, mitigations and checks for identifying whether business expenditure should be treated as capital or revenue for tax purposes. The toolkit, published on Gov.uk on...

HMRC have published a suite of new guidance on various administrative aspects of SDLT, including the following: Penalties and interest on a late Stamp Duty Land Tax return; Apply for a refund of Stamp Duty Land Tax; Tell HMRC about changes to your...

HMRC have issued a slightly revised version of their Directions for employees who need to notify deductible expenses and claim tax relief. The changes are as follows: in para 1(f), reference to Form P87 is now to the 23 June 2026 version (rather than...

The Registered Pension Schemes (Net Pay Arrangements) Regulations, SI 2026/671, aim to ensure that lower earners in pension schemes which operate under net pay arrangements, and who were not eligible for the low earner’s pension payment, are brought...

The Treasury has issued two further sets of regulations as part of the public service pensions remedy, which aims to put those affected in the financial position they would have been in if the age discrimination had not occurred, so far as is...

The Pensions (Abolition of Lifetime Allowance Charge etc.) Regulations, SI 2026/698, introduce various further technical amendments following the abolition of the lifetime allowance, aiming to ensure that the abolition legislation accurately sets out...

The Taxation (Energy and Vehicles) Bill 2026-27 has completed its Common stages. The Bill makes provision for previously announced increase in the rate of the Electricity Generator Levy (EGL) from 45% to 55% from 1 July, an increase in the rate of...

Officially launched in May 2026, the UK Government’s AI chatbot, ‘Gov.uk Chat’ is now available via the Gov.uk app, allowing users to interact on a conversational basis and with responses taken from Gov.uk content. Although not a dedicated tool for...