NEWS

Tax Journal thanks its authors for February (click on links below to view author profiles and access their contributions):John Barnett - reflections on a career in taxFabian Barth - reflections on a career in taxAdam Craggs and Liam McKay - Back to...

Official statistics show that the UK recorded a £30.4bn budget surplus in January 2026, the largest monthly net cash surplus since records began in 1993. The Office for National Statistics’ provisional estimates show the surplus was £15.9bn higher...

HMRC have updated their Corporate Intangibles Research and Development Manual (at CIRD81300) to include further illustrative examples on the availability of R&D tax relief for interdisciplinary projects in the creative sector. The revised guidance...

HMRC have published new guidance in their International Manual (at INTM163155) on the UK tax treatment of deferred employment income received by individuals who were UK-resident when the entitlement arose but non-resident when payment is made. The...

HMRC have published a comprehensive suite of guidance on intermediary registration for the EU VAT Import One Stop Shop (IOSS) scheme, ahead of intermediary services becoming available from 1 April 2026. The new guidance is aimed at UK advisers who...

The new Scottish Aggregates Tax (SAT) will be introduced on 1 April 2026, replacing the UK aggregates levy for aggregate commercially exploited in Scotland. The tax will be administered and collected by Revenue Scotland. The legal basis for SAT is...

The Scottish Landfill Tax (Standard Rate and Lower Rate) Order, SSI 2026/97, increases the rates of Scottish Landfill Tax with effect for disposals made on or after 1 April 2026. From that date, the rates will be: standard rate: £130.75 per tonne;...

The OECD has released a consolidated report bringing together all materials agreed by the Inclusive Framework on Pillar One Amount B between February and December 2024. The document integrates the previously issued guidance into a single reference...

HMRC are hosting a webinar on Guidelines for Compliance 13: Applying the uncertain tax treatment rules and handling legal uncertainty (GfC13) on 4 March 2026. To register, visit bit.ly/GfC13webinar. ...

HMRC have published an updated Making Tax Digital (MTD) Agent Toolkit on Gov.uk to support preparation for MTD for Income Tax from 6 April 2026. The toolkit provides guidance for agents on identifying affected clients and preparing them for digital...