NEWS

HMRC are offering agents further support options ahead of the mandation of MTD for income tax in April 2026. A range of engagement activities may be offered to agents who complete HMRCs new online form, reports the CIOT, including the...

HMRCs Pension Schemes Newsletter 172 (August 2025) includes the following points of interest for practitioners:Personal pension relief: from 1 September 2025, HMRC will be lowering the threshold for requiring evidence in support of higher rate...

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

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

The CIOT reports that HMRC are focusing their small business compliance activity on private use adjustments as part of their efforts to address the small business tax gap. HMRC intend to run a digital campaign in the coming months, says the CIOT, to...

Recent media reports suggest that the Treasury is considering introducing an annual or lifetime cap on gifts for IHT purposes, potentially also looking at taper rates following PETs. Commenting on the rumoured proposals, Hilesh Chavda, partner at...

HMRC have published a new Multinational Top-up Tax and Domestic Top-up Tax internal guidance manual based on previous tranches of draft guidance released for consultation in September 2024 and January 2025, updated to reflect stakeholder comments....

Zimbabwe has signed the OECD Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Convention, which now encompasses over 151 jurisdictions, will allow Zimbabwe to engage with major global financial centres and add to the...

HMRC have revised their late-payment and overpayment interest rates, following the Bank of Englands 6 August 2025 decision to reduce the bank base rate to 4%.From 27 August 2025, the late-payment interest rate for most taxes will be 8% and the...