NEWS

The ICAEW has issued guidance on what is sanctionable conduct under the regime for tax advisers that commenced on 1 April 2026. The Institute reports that HMRC will not consider advisers to be engaging in sanctionable conduct in the following...

The House of Lords Economic Affairs Committee will publish its report Fiscal framework on 28 April, examining the UK’s fiscal rules, the Office for Budget Responsibility’s remit and the Government’s use of its forecasts. ...

HMRC’s latest Employer Bulletin (April 2026) confirms that national insurance refunds will in future be made by crediting employers’ PAYE online accounts, rather than by bank transfer. Employers will need to identify and reconcile these credits...

HMRC have published their final edition of ‘Ready, Steady, File!’ which keeps participants up to date with, among other things, important milestones in the Making Tax Digital for Income Tax beta testing journey which went live 6 April. By the end of...

HMRC have confirmed, as reported by the CIOT and the ATT, that taxpayers who included SA109 pages in their 2024/25 self-assessment return will be treated as automatically temporarily exempt from Making Tax Digital for Income Tax Self-Assessment until...

HMRC have published a technical consultation on draft secondary legislation for the Carbon Border Adjustment Mechanism (CBAM) covering emissions and verification. The consultation seeks comments on draft regulations that will come into effect on 1...

HMRC have published guidance and an online tool to help apportion the £2.5m allowance for agricultural property relief (APR) and business property relief (BPR) across qualifying assets. The tool allows taxpayers and advisers to calculate how the...

HMRC have published Guidelines for Compliance (GfC18) on determining the VAT place of supply of services in the oil and gas sector. The guidelines are aimed at VAT-registered businesses in the sector and set out HMRC’s recommended approach to...

HMRC research indicates low awareness and understanding of e-invoicing among UK SMEs, with confusion over what constitutes e-invoicing remaining widespread. The Chancellor confirmed at last year’s Budget that e-invoicing will be required from April...

Synthesised texts for the UK’s double taxation conventions with Armenia and Senegal, as modified by the Multilateral Instrument, have been published The Armenia changes take effect from 1 January 2024 for withholding taxes, and from 1 April 2025...