NEWS

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

The Institute for Fiscal Studies says the Chancellor should use the Budget to create a fairer, simpler, more growth-friendly tax system ... grasping the nettle and pursuing genuine tax reform, while avoiding measures that worsen the...

HMRC continued their focus on football clubs last year, recovering an extra £90m in tax from clubs, players and agents – up from £67m in the previous financial year. UHY Hacker Young reports that HMRC opened investigations in 12 clubs, 90 players and...

Announcing the proposal at the Conservative Party conference, Kemi Badenoch said that the party would scrap SDLT on main homes, if it were to form the next government. SDLT would, however, remain on second homes, and for companies and foreign buyers....

HMRC have issued a policy paper on the tax treatment of Cryptoasset Exchange Traded Notes (cETNs) following changes in the Financial Conduct Authority (FCA) rules allowing retail investors to access these products. cETNs can now be held within...

The Trusts and Estates Agents’ Advisory Group met on 10 September 2025 and a summary of the meeting has been published on the CIOT website. One point that HMRC particularly wished to draw agents’ attention to is box 9B.1 of the SA900 Trusts and...

On 7 October, the Irish Government unveiled Budget 2026, introducing targeted tax measures to boost economic resilience and investment, including: raising the R&D tax credit from 30% to 35%; a new stamp duty exemption for Irish listed companies; a...

The Scottish Cabinet Secretary for Finance and Local Government, Shona Robison MSP, has confirmed, in a letter published by the Finance and Public Administration Committee of the Scottish Parliament, that the Scottish Government will publish the...

An outline draft Welsh Budget was published on 14 October, together with an update to the Welsh taxes outlook with new forecasts for land transaction tax and landfill disposals tax receipts. On tax, the key announcements were as follows: Welsh Rates...