Issue 1769

Analysis

• HMRC powers and the taxpayer relationship: when is enough, enough?
• AI: the answer to the data challenge in tax investigations
• A simplification of the offshore income gains rules?
• Contentious tax quarterly: Autumn 2026
• Ask an expert: Family investment companies: structure is not the same as saving

In brief

• Substantial
• Modernising the taxation of distributions

News

• Tax receipts rise, but borrowing exceeds OBR forecast ahead of Budget
• Construction industry scheme compliance
• CIOT urges legislative change on pre-development costs
• CIOT backs faster land remediation relief but warns on planning link
• Only one in ten highest earners pays close to 47% tax rate, says CenTax
• Cash ISA limit restriction introduced
• Devolved property income tax powers brought into force
• Pension payments: ‘relevant accretions’
• STTR Convention enters into force on 1 January 2027
• Threshold increased for publication of deliberate tax defaulters
• HMRC urge taxpayers to check payment reference numbers
• Lib Dems pledge income tax and NICs threshold increases

Cases

• Environmental Services Ltd v HMRC
• Sir J Griffin v HMRC
• Minerva Research Labs Ltd v HMRC
• Other cases that caught our eye: 25 September 2026

One minute with

• One minute with... Dawn Register

Trackers

• Tax watch: 25 September 2026

Ask an expert

• Ask an expert: Family investment companies: structure is not the same as saving