The Social Security (Contributions) (Isle of Man) Order, SI 2026/795, modifies UK social security legislation to give effect to the UK–Isle of Man agreement on NICs for employed and self-employed earners. The Order comes into force on the first day...
HMRC have reminded in-scope businesses to submit information returns by 31 July 2026 to avoid late-filing penalties. Updated guidance confirms that a return failing HMRC’s validation checks must be resubmitted. If the replacement passes validation...
Restitution of overpaid income tax: In AXA Insurance UK plc and another v HMRC [2026] UKSC 24 (27 July), the SC dismissed the taxpayers’ appeal which focused on whether earlier rulings in the Prudential test case were binding on the...
Stephanie Mullins and Richard Jeens (Slaughter and May) explain how to take control of Sch 36 notices by engaging early with HMRC to narrow scope and responding strategically....
This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.
The Government has published its summary of responses to the consultation on simplifying the taxation of offshore interest. The Government has decided not to take forward any formal proposals at this stage, but says it will continue to consider the...
HMRC have issued ‘one to many’ letters to businesses operating prize draws with paid and free entry routes, stating that prize draws are not exempt from VAT, and so paid entries are subject to VAT at the standard rate. Peter Williams, Indirect Tax...
The ATT has urged HMRC not to proceed with their proposed reforms to the timing of self-assessment payments, whether for taxpayers who also have PAYE income or those whose income is wholly or mainly within self-assessment. It warns that the changes...
This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.
Consultations, case hearings, HMRC activity and more.
