Day: 7 August 2026

The latest official statistics released for September 2026 reveal the growing participation in the UK Patent Box scheme, which allows qualifying companies to claim corporation tax relief on profits derived from patents and intellectual property. The data shows the total exchequer cost of the relief programme and tracks the number of businesses that have elected into the scheme since its introduction. These figures provide insight into the uptake and fiscal impact of this key innovation-supporting tax measure among UK businesses.

Source: HMRC (GOV.UK) – Read the original

HMRC has made available a range of email updates, videos, and webinars designed to help property landlords understand their tax responsibilities and maintain proper records. These resources cover key compliance areas relevant to landlords managing rental properties. The materials are intended to support landlords in meeting their tax filing and documentation requirements.

Source: HMRC (GOV.UK) – Read the original

HMRC has published guidance enabling users to monitor the operational status of Import Control System 2 (ICS2) and identify any service disruptions or technical issues. This resource allows importers, customs brokers, and logistics operators to check real-time availability of the system used for processing import declarations and goods movement notifications. Users can access information about planned maintenance windows and unscheduled outages that may affect their customs operations.

Source: HMRC (GOV.UK) – Read the original

Importers can now submit claims to recover import security deposits or guarantees through HMRC’s online service. The facility applies to goods imported under Temporary Admission, inward processing schemes, or authorised use arrangements where an authorisation by declaration was provided, as well as cases where proof of origin documentation was unavailable at the point of import. This streamlined claims process allows businesses to recover funds held against these specific import categories.

Source: HMRC (GOV.UK) – Read the original

HMRC provides online services specifically designed for tax agents, encompassing Self Assessment and PAYE administration tools alongside supporting resources such as calculators and the dedicated HMRC App. The platform incorporates multi-factor authentication to secure agent access to client accounts and tax information. Agents can check real-time service availability and reported system issues through HMRC’s designated information pages.

Source: HMRC (GOV.UK) – Read the original

HMRC has published the Tax Agent’s Handbook, a comprehensive resource designed to assist tax professionals and advisers in accessing guidance, utilising HMRC services, and establishing contact with the tax authority. The handbook consolidates key information and support mechanisms available to practitioners managing tax compliance for their clients. This tool aims to streamline interactions between tax agents and HMRC while helping advisers stay informed on regulatory requirements and available services.

Source: HMRC (GOV.UK) – Read the original

HMRC has launched a register that allows users to verify whether overseas corporate lenders hold passport status under the Double Taxation Treaty Passport Scheme. The register enables businesses to confirm eligibility of foreign lenders for Double Taxation Relief on UK loan interest payments. This tool helps companies ensure compliance when making interest payments to overseas entities by confirming their valid passport holder status.

Source: HMRC (GOV.UK) – Read the original