NEWS

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

A new report by Demos looks for popular, pragmatic and pro-growth options for tax, beyond raising the headline rates of income tax, NICs and VAT, in the run up to the Autumn Budget on 26 November. Solving the tax puzzle: eight popular,...

The CIOT has published a letter to the Exchequer Secretary to the Treasury in response to the Raising Standards in the Tax Advice Market consultation and draft legislation. The letter notes that, while the CIOT strongly supports the objective to...

Albania signed the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (the STTR MLI) at a signing ceremony held in Paris on 23 September 2025. The Pillar Two Subject to Tax Rule is a treaty-based rule...

HMRC have added the synthesised text of the Multilateral Instrument and the 1982 UK-Tunisia Double Taxation Convention to their tax treaties collection. Similar to recent updates to other UK agreements as a result of application of the MLI, which...

HMRC have published the latest in their series of Guidelines for Compliance documents, Help with Freeports (GfC14), as a resource for both current and prospective freeport operators. The guidelines outline the tax reliefs and customs benefits...

HMRC have updated para 2.3.5 of the Insolvency VAT Notice 700/56 on members’ voluntary liquidation, to cover the use of notices of intended dividends (NOIDs) (i.e. distributions of funds to creditors). The update reflects HMRC’s recent guidance in...

HMRC’s Pension Schemes Newsletter 173 leads with the tax treatment of tax-free lump sums which are paid back into a registered pension scheme. The newsletter emphasises that, where a lump sum is returned to the scheme, any tax consequences associated...

Responding to the draft Finance Bill legislation which will bring unused pension funds into the scope of IHT from 6 April 2027, the CIOT outlines concerns that, under the current proposals, the personal representatives (PRs) will be liable for IHT on...

HMRC have introduced a new service enabling taxpayers to pay the high income child benefit charge (HICBC) via PAYE without completing a self-assessment return. HMRC’s online service can be used only if the taxpayer does not need to file a...