NEWS

The Social Security (Contributions) (Rates, Limits and Thresholds) Regulations, SI 2026/283, make further provision for the annual re-rating of NICs for 2026/27. The regulations update specific contribution rates and thresholds within the Social...

HMRC have published a tax information and impact note (TIIN) and new guidance highlighting that individuals living or working abroad have until 5 April 2026 to rely on current rules for paying voluntary NICs. From 6 April 2026, eligibility to pay...

The Land and Buildings Transaction Tax (Investment Zones Relief) (Scotland) Order, SSI 2026/110, introduces a new relief for land transactions in designated investment zones in Scotland. The Order inserts new Sch 16E into the Land and Buildings...

HMRC have published guidance on the commercial software needed to report Pillar Two multinational top-up tax and domestic top-up taxes. Entities subject to multinational top-up tax or domestic top-up tax, or their agents, must use commercial software...

Regulations (SI 2026/280) amend the Climate Change Levy (Fuel Use and Recycling Processes) Regulations, SI 2005/1715, by updating Sch 1 (uses otherwise than as fuel) so that electricity used in electrolysis for the production of hydrogen is added to...

The applicable rate of Scottish Aggregates Tax is £2.16 per tonne of taxable aggregate and comes into force on 1 April 2026, by virtue of SSI 2026/132. ...

HMRC’s open tax investigations into the UK’s largest businesses are taking an average of 41 months to complete, according to analysis by law firm Pinsent Masons. The firm found that the number of active investigations handled by HMRC’s Large Business...

HMRC have published new directions under reg 3(3)–(6) of the Income and Corporation Taxes (Electronic Communications) Regulations, SI 2003/282, setting out the approved methods of electronic communication for non-MTD Self Assessment taxpayers and...

Further updates to the requirements for claiming creative industries sector relief have been released. New regulations update the additional information requirements for making a claim, reflecting the relocation of certain information to the new...

HMRC are expected to delay the introduction of the mandatory tax agent registration requirement for financial services businesses, including private capital managers but not more generally. Under the new registration regime, which is due to...