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NEWS

Recent developments in tax.

HMRC overcharged workers £3.5bn in income tax last year, with 5.6 million Britons paying too much, according to figures obtained from an FoI request by UHY Hacker Young. The firm says this overcharging through the PAYE system largely stems from HMRC...
HMRC were successful in just 37.8% of appeals lodged by taxpayers against automated penalties in the first six months of the current financial year. The figures, taken from HMRC’s Corporate report: performance data 2025/26, indicate that there were...
Following the first batch of customer awareness letters that were sent in November 2025, HMRC will send more awareness letters in February and March 2026 to customers who have submitted their 2024 to 2025 tax return. These awareness letters...
Proposed changes to Cash ISAs announced in the recent Budget could make the ISA regime more complicated and harder for savers to navigate, the Treasury Committee has warned. The committee had previously questioned whether lowering the Cash ISA...
The National Insurance Contributions (Employer Pension Contributions) Bill is expected to complete its remaining stages in the House of Commons on 21 January. The Bill contains the primary legislative provisions underpinning changes to the NICs...
This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.
Shona Robison, Cabinet Secretary for Finance and Local Government, set out the Scottish Governments Budget for 2026/27 on 13 January 2026. Income tax rates and bands: Limited by the Scottish Governments previous commitment not to...
Following the 5 January 2026 agreement by Inclusive Framework members on the Pillar Two side-by-side package, the UK government has said the implementing legislation will be included in the next Finance Bill and will apply retrospectively to...
Following the Budget 2025 announcement, HMRC are now consulting on draft regulations to amend the Construction Industry Scheme rules (SI 2005/2045) to exempt from income tax payments to local authorities and public bodies, and to reinstate monthly...
HMRC have withdrawn the linked goods concession, saying it is already covered by established case law. Revenue & Customs Brief 1/2026 confirms that the extra-statutory concession in VAT Notice 48 is no longer needed and states that this is not a...
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