NEWS

The Income Tax (Indexation of Blind Person’s Allowance and Married Couple’s Allowance) Order, SI 2025/53, increases the following amounts:blind person’s allowance from £3,070 to £3,130;the minimum amount for married couple’s allowance from £4,280 to...

The Neonatal Care (Leave and Pay) Act 2023 (Commencement No 2) Regulations, SI 2025/41, bring into force, on 17 January 2025, the provisions of the 2023 Act not already in force. The Act is significant in that it sets out the statutory framework for...

The MPs’, Senedd and Assembly Pension Schemes (Tax) Regulations, SI 2025/52, address the tax consequences of actions taken to remedy certain failures to introduce adequate transitional provision as part of changes to public service pensions affecting...

The Department for Work and Pensions has confirmed that all Automatic Enrolment (AE) thresholds for 2025/26 will be maintained at their 2024/25 levels. The AE earnings trigger will remain at £10,000, the lower earnings limit of the qualifying...

HMRC’s January 2025 newsletter covers the inheritance tax on pensions consultation, tax codes for pensions, pension scheme returns, relief at source, lifetime allowance protection and enhancements, payment update on low earners anomaly, public...

The Treasury has published a final version of the Charter for Budget Responsibility. The Charter sets out a new fiscal framework, as announced at Autumn Budget 2024, with further detail provided in the policy document, A strong fiscal framework.The...

The Public Accounts Committee (PAC) in its latest report focuses on HMRC’s already poor service to taxpayers that it says has become even worse. It urges the tax authority to take responsibility for how it has failed its customers and to act with...

HMRC is inviting views from users on their statistics publications and proposed changes to enable them to continue to produce relevant statistics that meet users’ needs. The consultation closes on 10 April 2025....

Manage your Trader Goods Profile: this is new guidance on how to use the Trader Goods Profile for simplified movements of goods from Great Britain to Northern Ireland under the UK Internal Market Scheme....

Trade with the UK as a business based in the EU: in the section ‘Moving goods into and out of the UK’, a step-by-step guide on how to bring goods into the UK has been added (although this is dated as having been added on 14 November 2024).HMRC...