Homebuyers get bogus SDLT claims warning
Homebuyers are being warned to avoid Stamp Duty Land Tax (SDLT) scams, following a landmark Court of Appeal decision. HMRC is warning buyers to be vigilant of tax agents offering…
Blog Posts
HMRC targets personal expenditure on self assessment
HMRC will run a digital campaign to ensure that self assessment taxpayers do not claim tax relief for personal expenditure on 2025/25 tax returns, according to the Institute of Chartered…
HMRC cuts late payment interest rate to 8%
HMRC will reduce late payment and repayment interest rates from 27 August following the 0.25% cut in the base rate earlier in the month. The Bank of England cut the…
Deadline approaching to extend teen Child Benefit claims
Parents have less than a week to tell HMRC their 16-19-year-old is continuing education or training, or their Child Benefit payments will stop. Hundreds of thousands of teenagers will decide…
IHT on pensions most unpopular of Labour’s tax increases
Inheritance Tax (IHT) on pensions is the most unpopular of the tax raising measures introduced by the Labour government during its first year, according to a survey. The survey conducted…
HMRC to fine crypto investors £300 for non-disclosure
UK-based holders of cryptoassets will have to provide personal details to crypto service providers or face penalties of up to £300 from HMRC. The regulations will be introduced in the…
HMRC criminal tax offence plan risks going too far, warns CIOT
HMRC plans to introduce a tax avoidance criminal offence risks overreach, the Chartered Institute of Taxation (CIOT) has warned. HMRC plans to create a new strict liability criminal offence for…
Government publishes Finance Bill supporting documents
The government recently published draft legislation for Finance Bill 2025-26 for consultation. The legislation includes an Inheritance Tax overhaul; measures intended to refine and simplify the Making Tax Digital for…
Government should take more strategic approach to tax policy, says CIOT
The government should take a more strategic approach to tax policy, consulting earlier and giving greater thought to the design of the tax system, says Nichola Ross Martin, President of…
HMRC cuts late payment interest rate to 8.25%
HMRC will reduce late payment and repayment interest rates from 28 May following the 0.25% cut in the base rate last week. The Bank of England cut the base rate…
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