NEWS

The Economic Crime and Corporate Transparency Act 2023 (Commencement No. 4) Regulations, SI 2025/349, bring certain provisions of the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) into force on 18 March 2025 and 1 September 2025....

The following regulations make necessary changes as a result of the reduction in the Class 1 NICs secondary threshold from 6 April 2025: Income Tax (Pay As You Earn) (Amendment) Regulations, SI 2025/294, add references to the Class 1 NICs secondary...

The Scottish Government is seeking views on the future of the SLCF, a voluntary tax credit scheme linked to the Scottish Landfill Tax (SLfT), due to the forecast decrease in waste disposed of at landfill sites. The decline in SLfT revenues, from...

The following Orders bring to an end the UK’s double tax agreements with both Russia and Belarus from April 2025: Double Taxation Relief (Russian Federation) (Revocation) Order, SI 2025/344; and Double Taxation Relief and International Tax...

A Treasury minutes progress report (March 2025) on Government responses to PAC recommendations confirms that delivery of the Single Customer Account remains on course to be completed by June 2025. ...

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

In a speech this week at a joint CIOT and ICAEW conference marking the 20th anniversary of HMRC, Exchequer Secretary James Murray MP announced several measures to reduce tax administration and tackle the tax gap: A new service to provide an...

The Treasury has published the UK Government’s response to the consultation, Tackling non-compliance in the umbrella company market, which ran across summer 2023, noting that ‘timely action in the umbrella company market is imperative to protect the...

HMRC are seeking views on the design and objectives of a new mechanism to replace the Energy Profits Levy (EPL), after it ends on 31 March 2030 (or sooner if the energy security investment mechanism is triggered). The Government says that the...

Minutes from the January 2025 meeting of the non-dom expert sub-group, chaired by HMRC and including members from the representative bodies, reflect discussions on guidance to accompany the Finance Bill 2025 changes. HMRC are aiming to have ‘some...