NEWS

HMRC have launched a consultation on draft secondary legislation concerning information sharing regulations in connection with IHT on pensions.  These changes are consequential to amendments made by the FA 2026, which brings unused pension benefits...

Responding to the government’s call for evidence on stablecoins, the CIOT has suggested that stablecoin transactions should be treated on a no gain/no loss basis for individuals’ CGT purposes, saying the current rules can create significant...

An HMRC technical note gives HMRC’s view on the taxation of various aspects of a range of payments made to landowners for providing ‘ecosystem services’. ‘Ecosystem services’ is a broad term used to cover contracts for the provision of ecological...

The government is inviting views on the design and delivery of the High Value Council Tax Surcharge, a new charge on residential properties worth £2m and above in England. The consultation covers the HVCTS design, definition of ‘owner’, support for...

The Building Safety Levy (Scotland) Act 2026, which introduces a new levy on the construction or conversion of residential property developments in Scotland, received royal assent on 13 May 2026.  The levy, to be administered by Revenue Scotland,...

The CIOT has called for more detailed claims data to support the Treasury’s consultation on the future of Land Remediation Relief and to assess whether the relief is reaching the right projects. It highlights timing issues for housebuilders and...

HMRC are consulting on the potential introduction of mandatory certification for mechanically recycled plastic for Plastic Packaging Tax purposes.  The consultation explores the risks and industry concerns around recycled plastic content claims, and...

HMRC have published an updated version of the UK-Ukraine Double Taxation Convention.  It takes into account changes resulting from the application of the OECD Multilateral Instrument.  Key changes include in Art 5 on...

HMRC have updated various guidance notes on the mandatory online registration of tax advisers,introduced with effect from 18 May 2026. The updates include: Apply for an agent services account: updated to reflect the legal...

The Tribunal Procedure Committee is consulting on possible amendments to the costs/expenses rules in the First-tier Tribunal, including the Tax Chamber (FTT), the Upper Tribunal (UT) and the Employment Tribunals.  Among the changes proposed in the...