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NEWS
Recent developments in tax.
HMRC launch new MTD newsletter
HMRC have published a newsletter for those who have enrolled in Making Tax Digital for Income Tax on a voluntary basis. This first edition summarises the various testing stages HMRC have been conducting in preparation for April 2026, and includes a...
HMRC manual changes: 7 November 2025
This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.
Post Office Capture Redress Scheme tax exemptions
The Post Office Capture Redress Scheme (Tax Exemptions and Relief) Regulations, SI 2025/1130, exempt compensation payments made under the Post Office Capture Redress Scheme from income tax, capital gains tax, corporation tax (where applicable), and...
Chancellor seeks to reassure markets ahead of Budget
In a speech designed to set the context and, perhaps, manage expectations ahead of her 26 November 2025 Budget, the Chancellor reaffirmed her ‘ironclad’ commitment to the fiscal rules set at the 2024 Budget, and ‘to deal with the world as we find...
Welsh Government publishes second stage of Draft Budget
The Welsh Government has published its Detailed Draft Budget Report – the second part of its two-stage Draft Budget, setting out more detail around spending plans for each of the ministerial portfolios. Proposals on the devolved taxes were set out in...
New regs pave way for delegation of HMRC PAYE functions
In a small but significant amendment, the Income Tax (Pay As You Earn) (Amendment No. 2) Regulations, SI 2025/1144, update the definition of ‘Inland Revenue’ in the PAYE regulations (SI 2003/2682) to include ‘Commissioners’ of HMRC, rather than...
HMRC issue coding notices Direction
A new Direction issued by HMRC specifies the Personal Tax PAYE digital services as the approved method of electronic communication for the giving of a notice of tax code to an employee. The digital PAYE service for employees is part of HMRC’s...
TaxAid preparing for MTD surge in demand
With around 780,000 people expected to fall within the first mandation phase of Making Tax Digital for Income tax from April 2026, and a further 970,000 coming within scope from April 2027, TaxAid has pointed out the ‘unprecedented pressure on those...
HMRC Stakeholder Digest
Key points of interest from HMRC’s latest stakeholder digest include: HMRC app: HMRC are encouraging taxpayers to download the app, highlighting functionality around claiming a tax refund, finding their National Insurance number and claiming and...
Partnership NICs: experts warn of danger to LLP model
Press reports ahead of the Autumn Budget suggest the Government could introduce a new national insurance contributions (NICs) charge on limited liability partnerships from April 2026, potentially at a rate below the current 15% employer rate....
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EDITOR'S PICK
The new Securities Transfer Tax: business as usual?
Georgina West
1 /7
Responding to Sch 36 notices: a practical guide
Stephanie Mullins
,
Richard Jeens
2 /7
Rights, influence and LLP member status after BlueCrest
Constantine Christofi
,
Craig Kirkham-Wilson
,
Lauren Trask
3 /7
Let the light in: LLCs and other reverse hybrids
Matthew Rowbotham
4 /7
HFFX: the widening reach of miscellaneous income
Elena Rowlands
,
Tom Margesson
,
Ian Zeider
5 /7
Estoppel and abuse of process in VAT
Claire Logan
6 /7
The UK’s tax certainty problem
Jenny Batchelor
,
Ahmed Mobasshir
7 /7
The new Securities Transfer Tax: business as usual?
Georgina West
Responding to Sch 36 notices: a practical guide
Stephanie Mullins
,
Richard Jeens
Rights, influence and LLP member status after BlueCrest
Constantine Christofi
,
Craig Kirkham-Wilson
Let the light in: LLCs and other reverse hybrids
Matthew Rowbotham
HFFX: the widening reach of miscellaneous income
Elena Rowlands
,
Tom Margesson
Estoppel and abuse of process in VAT
Claire Logan
The UK’s tax certainty problem
Jenny Batchelor
,
Ahmed Mobasshir
NEWS
Read all
CGT liabilities rise 89% to record £24.2bn
Pubs and hotels business rates: methodology call for evidence
Technical Note 2 for IHT on pensions
CIOT outlines support for extension of VAT online marketplace rules
VAT relief could remove barriers to social housing
CASES
Read all
Knights Developments Ltd v HMRC
A Pontin and others v HMRC
AXA Insurance UK plc and another v HMRC and another
HMRC v G Quillan
Perenco UK Ltd v HMRC
IN BRIEF
Read all
Sanctionable conduct
The end of offshore execution on secondary transactions
Tax adviser registration: deferral for investment managers
When is a trustee not a trustee?
Funding the business
MOST READ
Read all
Property 118 Ltd and another v HMRC
The end of offshore execution on secondary transactions
Perenco UK Ltd v HMRC
When is a trustee not a trustee?
Tax adviser registration: deferral for investment managers