NEWS

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...

HMRC’s 2 October 2025 update provides useful reminders for practitioners, including links to guidance on umbrella company PAYE changes, MTD preparations, and dealing with NICs for globally mobile employees. Key points include: personal tax: reminder...

The CIOT has submitted a response to the Treasury consultation on draft amending regulations which will update the UK Anti-Money Laundering Regulations, SI 2017/692, with most provisions expected to come into force at some point in early 2026. The...

Tax Journal thanks its authors for September (click on links below to view author profiles and access their contributions):Zoe Andrews - Supreme Court in Prudential AssurancePhilip Baker KC - The future of international tax reformFabian Barth and...