NEWS

The Revenue Scotland and Tax Powers Act (Postponement of Tax Pending a Review or Appeal) Amendment Regulations, SSI 2025/376, will extend to Scottish aggregates tax and Scottish landfill tax the rules which allow applications for the postponement of...

The Scottish Aggregates Tax (Administration) Regulations, SSI 2025/374, set out much of the detail required for the introduction of Scottish aggregates tax on 1 April 2026. The regulations cover: methodology for calculating the weight of...

Although briefly mentioned in the Budget Report as being given a 3.8% CPI uplift, the actual value of the car fuel benefit multiplier from April 2026 had not been included. The Van Benefit and Car and Van Fuel Benefit Order, SI 2025/1254, fills that...

The Corporation Tax Act 2010 (Part 8C) (Amendment) Regulations, SI 2025/1253, clarify that the 45% corporation tax rate, which is applied to payments of restitution interest by HMRC, will only apply to interest awarded at a rate greater than the...

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

The 2025 Budget caught the eye for many reasons – some likely to be welcome, others less so. But one inescapable conclusion, embedded perhaps into this and previous packages of fiscal announcements, was the sheer complexity of the tax framework in...

The UK’s biggest companies generated an estimated £93bn in tax in 2024/25, according to the 2025 Total Tax Contribution survey of the 100 Group. This is a decrease of 0.4% compared to 2023/24, mainly due to profits declining by over 12%, while taxes...

The following regulations formally extend relief from the devolved Welsh land transaction tax (under the relevant primary legislation) for further special tax sites within the Anglesey Freeport and the Flintshire and Wrexham Investment Zone: Land...

The CIOT has highlighted the following one-to-many letter campaigns on the agenda of HMRC’s Wealthy Team: Non-submission of tax returns: targeted at individuals earning more than £200,000 a year who have never been registered for self-assessment, or...

HMRC opened investigations into 184 of the largest EU businesses operating in the UK in 2024/25, reports Lubbock Fine – a 10% increase over activity in the previous financial year. Data obtained by the firm also reveals that, although the HMRC Large...