Taxpayers managing trusts must use the IHT100d form to declare trust assets to HMRC on the tenth anniversary of the trust’s creation, when inheritance tax becomes due. This form captures details of all assets held within the trust at that significant milestone point. The submission ensures compliance with the periodic tax obligations triggered by the ten-year rule for trust taxation purposes.
Source: HMRC (GOV.UK) – Read the original
HMRC has published a special edition of its Agent Update guidance to prepare tax agents for submitting their clients’ initial quarterly updates under the Making Tax Digital for Income Tax regime. The guidance covers the practical requirements and processes agents need to follow when filing the first quarterly tax return. This resource is designed to help agents understand their obligations and ensure compliant submissions during the rollout of the new digital tax system.
Source: HMRC (GOV.UK) – Read the original
HMRC has published Excise Notice 554, which sets out the requirements for charging and collecting excise duty on fuel supplied for use in private pleasure boats and private aircraft. The notice clarifies the regulatory obligations for suppliers and operators of such vessels and aircraft regarding fuel excise duty compliance. This guidance applies to anyone involved in supplying or using fuel for recreational marine and aviation purposes in the UK.
Source: HMRC (GOV.UK) – Read the original
HMRC Excise Notice 192 sets out the requirements and procedures for the Registered Dealers in Controlled Oil (RDCO) scheme, which regulates businesses that trade in controlled oil products subject to excise duty. The scheme establishes rules for registration, record-keeping, reporting obligations and compliance for dealers handling these commodities. Businesses involved in the supply and distribution of controlled oils must understand their responsibilities under this framework to maintain valid registration and avoid penalties.
Source: HMRC (GOV.UK) – Read the original
This guidance clarifies how Her Majesty’s Revenue and Customs calculates income tax on State Pension payments when recipients also receive other forms of income. The information covers the interaction between State Pension and additional earnings or pension income, helping individuals understand their overall tax liability. This applies to all State Pension recipients in the UK who exceed personal tax allowances through combined income sources.
Source: HMRC (GOV.UK) – Read the original
HMRC has released a toolkit designed to assist tax agents in preparing for the rollout of Making Tax Digital for Income Tax. The resource provides practical guidance to help agents understand the requirements and prepare their systems and processes ahead of the change. The toolkit aims to ensure agents are ready to support their clients through the transition to the new digital tax reporting system.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance outlining the current availability and any technical issues affecting the Annual Tax on Enveloped Dwellings online service. The guidance enables taxpayers and agents to check whether the ATED service is operational before submitting returns or managing their tax obligations. This resource is intended to help users understand any disruptions that may impact their ability to access or use the platform during critical filing periods.
Source: HMRC (GOV.UK) – Read the original
HMRC Notice 263 sets out the process for operators to reclaim excise duty paid on fuel used during qualifying marine voyages. The relief applies to fuel consumed during eligible sea journeys, allowing operators to recover the duty component of their fuel costs. Businesses operating marine vessels should refer to this notice to understand eligibility criteria and the application procedures for claiming back the excise duty they have paid.
Source: HMRC (GOV.UK) – Read the original
HMRC has compiled feedback from tax agents who have begun operating under the Making Tax Digital for Income Tax regime. The resource provides real-world observations and guidance from practitioners already managing the transition, offering perspective on how the new digital reporting requirements are being applied in practice.
Source: HMRC (GOV.UK) – Read the original
The Listed Events (Coverage) Regulations 2026 create the operational framework for managing sporting and cultural events designated as matters of national interest under the Broadcasting Act 1996. The regulations implement amendments introduced by the Media Act 2024, allowing the Secretary of State to designate events qualifying for listed status. These regulations govern how broadcasters must handle coverage rights and public access obligations for events meeting the criteria set out in Part 4 of the 1996 Act.
Source: legislation.gov.uk – Read the original