Analysis of newly released HMRC data suggests 2.6 million self-assessment taxpayers overpaid around £8.9bn last year, with the payments on account system cited as a key cause. Data obtained by UHY Hacker Young under FoI also points to errors in...
The CIOT has reminded agents that, from 1 October 2025, self-assessment reactivations can be requested via the Agent Dedicated Line (option 2, then SA reactivations). Other self-assessment queries cannot be handled via this route.
HMRC have told the CIOT and ICAEW that from 2026/27 it will remove employment expenses over £120 from PAYE codes in certain cases, including where the taxpayer has no current PAYE income, there has been a full-year employment gap, no self-assessment...
Damon Wright (K3 Tax Advisory) examines the Finance Bill provisions.
The UK-Peru Double Taxation Convention entered into force on 21 January 2026 (given effect in the UK by SI 2025/1299). It applies in the UK from 6 April 2026 for income tax and capital gains tax, 1 April 2026 for corporation tax, and 1 January 2027...
