NEWS

HMRC have published guidance and an online tool that can be used to confirm that loans to participators reported on a company tax return have been fully repaid. The tool is intended for use where HMRC ask a company to verify that loans to...

HMRC have issued a factsheet for taxpayers on what to do if served with an Anti-Avoidance Information Notice (AAIN). It sets out the legal obligations imposed on the recipient if asked to provide information, and the penalties for non-compliance. A...

The CIOT has urged the next Welsh government to prioritise accountability and good governance in the Welsh tax system ahead of the Senedd election. In a letter to party spokespeople, the Institute sets out four areas for action: adopting a structured...

HMRC have updated their company tax return guidance for claiming any of the creative industry reliefs via the new CT600P supplementary form. The guidance deals in turn with each relief and sets out the information that needs to be submitted. ...

HMRC have issued an online form if an organisation or individual liable for the Economic Crime Levy becomes insolvent. The form is to be used by a trustee in bankruptcy, liquidator or administrator and must include the date that the entity became...

The Department for Business and Trade has launched a call for input on potential new powers to protect the UK from adverse economic pressure. The consultation seeks views on whether, and if so how, new domestic powers could be developed to strengthen...

HMRC have confirmed that the new requirement for tax advisers to register with the department will be introduced on a phased basis during 2026, with different categories of adviser brought into scope at different points in the year. Updated guidance...

The Department for Business and Trade has launched a consultation on a UK corporate re-domiciliation regime. The regime would allow foreign-incorporated companies to continue as UK-incorporated companies without losing legal personality. The...

HMRC have launched a consultation on the tax treatment of stablecoins, focusing on whether their current classification as chargeable assets remains appropriate. As a result of that classification, the use of stablecoins – including for routine...

The Corporate Interest Restriction (Electronic Communications) (Amendment) Regulations, SI 2026/352, update the administrative rules for the Corporate Interest Restriction following changes made by FA 2026. FA 2026 s 61 removes the requirement for a...