HMRC has published promotional material outlining what the tax authority considers best practice for VAT accounting and compliance procedures. The guidance is designed to help businesses understand and implement effective VAT control processes. The material covers HMRC’s expectations regarding VAT record-keeping and reporting standards. This guidance is intended to support organisations in maintaining compliant VAT practices and reducing audit risk.
Source: HMRC (GOV.UK) – Read the original
HM Revenue and Customs has finalised compound settlements with two UK exporters in relation to violations of export control regulations. Compound settlements allow businesses to resolve breaches without criminal prosecution by agreeing to pay a financial penalty. This notice serves as formal notification of the concluded enforcement actions under export control legislation.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance highlighting frequent mistakes businesses make when submitting capital allowances claims for plant and machinery. The promotional material aims to help companies identify and prevent common errors in their claims, reducing the risk of submitting incorrect information to tax authorities. The resource provides information on high-risk areas within plant and machinery allowances to support better compliance and claim accuracy.
Source: HMRC (GOV.UK) – Read the original
HMRC has published a reference list of codes for Government Department licences that importers and exporters must declare within Data Element 2/3 of the Customs Declaration Service. The codes, detailed in Appendix 5C, enable traders to specify the appropriate licence types when submitting customs declarations for both import and export movements. This resource provides the standardised coding framework required for accurate compliance with CDS declaration requirements.
Source: HMRC (GOV.UK) – Read the original
The latest Alcohol Bulletin from HMRC provides provisional figures on alcohol duty receipts through July 2026, alongside production and clearances data extending to June 2026. This accredited official statistics release offers traders and logistics professionals current information on alcohol sector activity and tax collection trends. The bulletin serves as a key reference point for monitoring compliance patterns and market movements in the alcohol supply chain.
Source: HMRC (GOV.UK) – Read the original
HMRC has released its transparency data for June 2026, detailing current staff numbers and associated employment costs across the department. This regular publication provides insight into the Her Majesty’s Revenue and Customs workforce composition and spending. The data forms part of HMRC’s ongoing commitment to public accountability regarding departmental resource allocation and staffing levels.
Source: HMRC (GOV.UK) – Read the original
HMRC has announced a temporary reduction in VAT applying to children’s meals, event tickets, and family attractions from 25 June 2026 through 1 September 2026. This three-month scheme will lower VAT rates on qualifying items aimed at children and families during the summer period. Businesses providing these services should familiarise themselves with the eligibility criteria and compliance requirements detailed in the policy paper to ensure correct application of the reduced rate.
Source: HMRC (GOV.UK) – Read the original
HMRC has published updated Tax-Free Childcare statistics for June 2026, detailing the number of families and children holding active and utilised accounts alongside corresponding government top-up expenditure. The data encompasses regional breakdowns of account usage and provides specific figures for disabled children across different age categories. These statistics offer insights into scheme participation and uptake across the UK’s childcare support landscape.
Source: HMRC (GOV.UK) – Read the original
The Lifelong Learning (Student Support) (Amendment of Fees and Awards etc.) Regulations 2026 establish a revised funding framework for lifelong learning provision in England. The regulations adapt the existing Education (Student Support) Regulations 2011 to accommodate the new system. This change affects how student support and fees are managed for lifelong learning programmes across England. The regulations set out the modified approach to fees and awards under the updated funding arrangements.
Source: legislation.gov.uk – Read the original
HMRC has published guidance regarding the availability and operational status of the online service used by traders to register and complete origin declarations required under the UK-India Free Trade Agreement. The guidance allows users to check whether the service is currently operational and to identify any technical issues that may be affecting access. Traders relying on this service to process their FTA-related origin documentation should monitor this guidance for real-time updates on service performance.
Source: HMRC (GOV.UK) – Read the original