NEWS

HMRC have launched a new online tool to help company officers and agents ascertain whether or not the company should make a claim for corporation tax overpayment relief. ...

HMRC have updated their guidance, Authorising an agent to deal with your tax affairs, to cover how clients can give limited authorisation to an agent. For limited authorisations, the individual taxpayer is required to write a letter of authority to...

The Treasury has issued draft regulations which will, principally, amend the Anti-Money Laundering Regulations, SI 2017/692. The changes will include measures to make customer due diligence more proportionate and effective, strengthen information...

HMRC received a record 164,670 anonymous fraud tip-offs in 2024/25, up almost 9% over the previous tax year. Price Bailey reports, however, that payments to informants over the same period fell by 13%, suggesting that HMRC are being ‘inundated with...

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

With the Chancellor under pressure to address the UK’s borrowing costs (Government long-term bond yields hitting a record high on 2 September 2025, as reported by The Guardian (2 September), various potential options involving increased taxes have...

HMRC have published new guidance on how to submit an entry notification and accounting period information for a reserved investor fund (RIF). An entry notification can be made by the scheme operator or an agent acting on its behalf by using HMRC’s...

HMRC have issued new guidance on the accuracy and completeness of documents – in particular, self-assessment tax returns – as part of their Guidelines for Compliance series. The new guidelines focus on making sure that: information submitted is...

HMRC’s September 2025 advisory fuel rates update includes, for the first time, separate advisory electric rates for home charging and public charging of electric vehicles (EVs). The advisory rate for home chargers is 8p per mile, and the rate for...

HMRC have published the ‘synthesised’ texts of the UK’s double taxation agreements with China and Latvia, incorporating changes as a result of the OECD Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and...