NEWS

Alongside the Budget announcement, HMRC published Revenue & Customs Brief 7/2025 setting out their revised position on the VAT on intra-entity services involving establishments located in an EU Member State that are part of a UK VAT group. HMRC’s...

Alongside the Budget announcement, HMRC published Revenue & Customs Brief 8/2025 to explain the proposed changes to the tour operators’ margin scheme (TOMS). The Brief confirms that supplies by private hire vehicle or taxi operators, confirms that...

The Landfill Disposals Tax (Tax Rates) (Wales) (Amendment) (No. 2) Regulations, SI 2025/1281, will set out the standard rate, lower rate and unauthorised disposals rate for landfill disposals tax chargeable on taxable disposals made on or after 1...

The Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 (Commencement No. 3) Regulations, SSI 2025/386, bring the following sections of the 2024 Act into force on 19 January 2026: s 54 (refusal of repayment claim where other tax not...

The UK and international partners have announced a common aim to implement the OECD’s latest tax transparency framework for the automatic exchange of information on immovable property by 2029 or 2030, depending on the necessary domestic...

Writing to the Treasury Select Committee, the Financial Conduct Authority (FCA) has set out its role and approach to investigations into the leaking of information ahead of Autumn Budget 2025, in terms of the extent to which any such leaks might...

HMRC data shows that, to the year ending in March 2025, taxpayers collectively spent 558 years on the phone to HMRC, reports UHY Hacker Young. The firm also notes that although the reported average 18-minute, call-waiting time experienced by...

Tax Journal thanks its authors for November (click on links below to view author profiles and access their contributions):Fabian Barth and Roberto van Meurs - The ever-expanding scope of taxable debt collectionLynnette Bober and Helen...

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

Tax professionals continue to scrutinise the detail of several Budget announcements, including some that may have been overlooked in the immediate aftermath. Share-for-share exchanges: The stated intention of the Budget changes to TCGA 1992 s 137...