NEWS

Responding to the draft legislation which sets out the Government’s proposed changes to IHT agricultural and business property reliefs, as announced at Autumn Budget 2024, the CIOT remains critical, highlighting a pattern of unintended complexity...

The CIOT and ATT have responded to consultations on the 21 July 2025 (‘Legislation Day’) draft legislation covering the following areas, all of which will be important reading for practitioners. Modernising and mandating tax adviser registration with...

Responding to the Treasury consultation on land remediation relief, the CIOT suggests that more detailed data on claims would have made the consultation process more effective, and help to ascertain whether the right projects are accessing the...

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

The Centre for the Analysis of Taxation (CenTax) has published a new report considering potential revenue-raising opportunities from the introduction of secondary Class 1 NICs (or similar equivalent) on partnership profits. Equalising national...

SDLT has been in the news recently, following scrutiny of Angela Rayner’s property purchase and complex personal circumstances. The higher rate of SDLT for purchases of second homes does not generally apply where an individual disposes of their main...

The ATT has published its response to the ‘Legislation Day’ draft legislation which proposes bringing unused pension funds and death benefits into scope of IHT from 6 April 2027. Commenting on the draft legislation and policy paper, Reforming...

The Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 (Commencement No 2) Regulations, SSI 2025/243, bring numerous provisions of the 2024 Act into force, with various regulation-making powers having effect from 16 September 2025,...

HMRC have published the ‘synthesised’ version of the UK’s 1994 double taxation agreement with Vietnam, incorporating various changes as a result of application of the OECD Multilateral Convention to Implement Tax Treaty Related Measures to Prevent...

HMRC have, for the first time, published the name of a practising tax barrister in their list of promoters of tax avoidance schemes. Setu Kamal is named in relation to four schemes on the list, and HMRC include the following note: ‘HMRC suspects Setu...