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NEWS

Recent developments in tax.

HMRC have issued a slightly revised version of their Directions for employees who need to notify deductible expenses and claim tax relief. The changes are as follows: in para 1(f), reference to Form P87 is now to the 23 June 2026 version (rather than...
The Registered Pension Schemes (Net Pay Arrangements) Regulations, SI 2026/671, aim to ensure that lower earners in pension schemes which operate under net pay arrangements, and who were not eligible for the low earner’s pension payment, are brought...
The Treasury has issued two further sets of regulations as part of the public service pensions remedy, which aims to put those affected in the financial position they would have been in if the age discrimination had not occurred, so far as is...
The Pensions (Abolition of Lifetime Allowance Charge etc.) Regulations, SI 2026/698, introduce various further technical amendments following the abolition of the lifetime allowance, aiming to ensure that the abolition legislation accurately sets out...
The Taxation (Energy and Vehicles) Bill 2026-27 has completed its Common stages. The Bill makes provision for previously announced increase in the rate of the Electricity Generator Levy (EGL) from 45% to 55% from 1 July, an increase in the rate of...
Officially launched in May 2026, the UK Government’s AI chatbot, ‘Gov.uk Chat’ is now available via the Gov.uk app, allowing users to interact on a conversational basis and with responses taken from Gov.uk content. Although not a dedicated tool for...
For taxpayers using the courts, for instance, in respect of judicial review claims, fees are payable and the Ministry of Justice has announced that these fees will increase on 13 July 2026. The changes are made by the Court and Tribunal Fees...
The Government have published a Tax Update 2026 package comprising draft legislation, consultations, calls for evidence and policy updates across direct tax, VAT, employment taxes, customs and tax administration. The package, published on 23 June...
The CIOT has asked HMRC to confirm that standard development finance arrangements are not within the Construction Industry Scheme. Following recent changes to HMRC’s Construction Industry Scheme Reform Manual at CISR14020, the CIOT says there is a...
HMRC have updated their Transfer Pricing and Profit Diversion Compliance Facility guidance to reflect the expansion of the compliance facility to cover a broader range of Transfer Pricing risks and the inclusion of the new Unassessed Transfer Pricing...
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