NEWS

The National Insurance Contributions (Employer Pension Contributions) Bill is expected to complete its remaining stages in the House of Commons on 21 January. The Bill contains the primary legislative provisions underpinning changes to the NICs...

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

Shona Robison, Cabinet Secretary for Finance and Local Government, set out the Scottish Governments Budget for 2026/27 on 13 January 2026. Income tax rates and bands: Limited by the Scottish Governments previous commitment not to...

Following the 5 January 2026 agreement by Inclusive Framework members on the Pillar Two side-by-side package, the UK government has said the implementing legislation will be included in the next Finance Bill and will apply retrospectively to...

Following the Budget 2025 announcement, HMRC are now consulting on draft regulations to amend the Construction Industry Scheme rules (SI 2005/2045) to exempt from income tax payments to local authorities and public bodies, and to reinstate monthly...

HMRC have withdrawn the linked goods concession, saying it is already covered by established case law. Revenue & Customs Brief 1/2026 confirms that the extra-statutory concession in VAT Notice 48 is no longer needed and states that this is not a...

HMRC have added the UK’s new double tax conventions with Andorra, Portugal and Romania to its tax treaties collection, confirming that all three entered into force in December 2025. The conventions take effect in the UK from 1 January 2026 for...

Finance Bill 2026 passed the Committee of the Whole House stage on 12 and 13 January 2026 unamended save for the six government amendments to Sch 12, which increase the cap on the amount of 100% business and agricultural property relief from the...

The CIOT has released four briefings (available in its ‘Finance Bill 2025/26 briefings collection’) on: income tax rate changes for property, savings and dividends (warning of added complexity and potential extra workload for HMRC); IHT changes to...

Updated HMRC guidance on exemptions from Making Tax Digital for Income Tax clarifies that agents should use the Agent Dedicated Line to apply for, or appeal against refusal of, digital exclusion exemptions. The guidance also confirms that...