NEWS

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

Tax policy specialists from across the political spectrum have co-authored a report setting out a series of proposals on UK tax reforms which aim to promote simplification and growth. Hosted by CenTax, Tax Reforms for Growth notes that, although its...

Research by the Bowmore Wealth Group finds that 720,000 individuals have been brought into the top rate of income tax by fiscal drag, with the additional rate threshold having been reduced and then frozen in recent years. The firm reports that, had...

Any proposals to introduce ‘employer’ NICs on partnerships and/or LLPs should first be subject to consultation, says the Association of Partnership Practitioners (APP), representing many of the UK’s professional partnership advisers. Partnership...

Revenue & Customs Brief 6/2025 explains a change in the right to deduct input tax for insurance intermediary services supplied outside the UK before 31 December 2023. Insurance-related services are generally exempt from VAT, but the VAT (Input Tax)...

HMRC have updated their guidance on VAT refunds relating to DIY housebuilder claims, covering new builds, conversions and the construction of new charity buildings. The update sets out more detail on what can be done if a claim has been rejected or...

HMRC have published draft regulations making amendments to the Climate Change Agreement (CCA) scheme for consultation. The CCA scheme allows participating businesses to receive a significant discount on the Climate Change Levy. Under the draft...

The President of the Tax Chamber of the First-tier Tax Tribunal has issued a new Practice Statement giving guidance to the FTT and tribunal users on the practice and procedure to be adopted in relation to applications for extension of time to comply...

The Economic Crime (Anti-Money Laundering) Levy (Amendment) Regulations, SI 2025/1146, allow HMRC to repay amounts of overpaid economic crime levy where the collection authority in relation to the original debt was one of the other two collection...

HMRC’s latest Pension Schemes Newsletter includes coverage of two key points: common themes raised following an article in the previous edition of the Newsletter (September 2025, issue 173) on the tax treatment of tax-free pension lump sums and...