Month: August 2026

HMRC has published its accredited official statistics on Capital Gains Tax, providing annual figures alongside detailed supporting documents and data tables. This release offers transparency into CGT collections, compliance trends, and taxpayer behaviour across the UK. The statistics package includes commentary explaining key findings and datasets that allow detailed analysis of Capital Gains Tax activity. These figures are relevant to tax professionals, advisors, and compliance teams monitoring CGT trends and economic patterns.

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

HM Revenue and Customs has published a Background Quality Report detailing the methodology, reliability and processes behind its annual Capital Gains Tax statistics. The report provides accredited official statistics on CGT, explaining data collection methods and quality standards used in producing these figures. This documentation gives users transparent information about the accuracy and limitations of the published CGT data that HMRC releases each year.

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

The Office for National Statistics has published analysis detailing the employment patterns of Ukrainian nationals across the UK, breaking down figures by age, gender and regional location including England, Scotland, Wales and Northern Ireland. This research provides insights into workforce distribution and demographic characteristics of Ukrainian workers who have entered the employment market since the conflict began. The data is intended to support understanding of labour market integration among Ukrainian migrants across different parts of the country.

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

HMRC and the Office for National Statistics have published their monthly statistics on payrolled employee numbers and wage levels based on Real Time Information data submitted through the PAYE system. The joint release provides official figures on employment and pay across the UK economy for May 2027, drawn from employers’ real-time tax submissions to HMRC.

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

The Accredited official statistics for UK betting and gaming have been updated with provisional data covering the period from August 2025 to July 2026. The release includes annual figures on betting and gaming receipts and declarations, providing a comprehensive overview of activity across the sector during this financial year. This data supports industry monitoring and regulatory decision-making within the gambling sector.

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

HMRC has released guidance identifying carbon pricing schemes that will qualify under the UK’s Carbon Border Adjustment Mechanism, designed to help importers prepare for the scheme’s implementation. The provisional list specifies which international and domestic carbon pricing systems will be recognised for CBAM purposes. This guidance enables businesses importing covered goods to understand how carbon costs from their country of origin may be credited against future CBAM obligations. The list remains subject to further updates as the scheme continues to develop.

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

The UK government has published a second technical note clarifying the inheritance tax treatment of pensions following announcements made in the Autumn Budget 2024. This supplementary guidance expands on details already provided in the first technical note and addresses additional complexities surrounding how pension assets will be taxed in inheritance circumstances. The changes represent a significant shift in pension taxation policy that will affect estates and beneficiaries subject to inheritance tax.

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

HMRC has published official data on the Plastic Packaging Tax including the number of registered businesses subject to the tax, quantities of plastic packaging declared, and associated revenue figures. The statistics provide insights into compliance levels and the scale of plastic packaging liable for taxation within the UK supply chain. This data release enables businesses and industry observers to track PPT implementation and market trends since the tax came into force.

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

Form IHT100b is used to notify HMRC when a beneficiary’s qualifying interest in possession within a trust terminates, triggering an Inheritance Tax liability. This form is required to ensure proper reporting of the cessation event and associated tax obligations to the tax authority. The form enables trustees and relevant parties to formally declare the end of the beneficial interest and calculate any IHT due on the deemed disposition of trust assets.

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

HMRC has published accredited official statistics tracking monthly property transactions completed across the UK where the transaction value is £40,000 or above. This statistical series provides data on property deals meeting the specified threshold, offering insights into transaction volumes and patterns in the UK property market. The figures are designated as accredited official statistics, meeting quality and methodological standards set by the UK Statistics Authority. This data is relevant to customs and trade professionals monitoring broader economic and property sector trends affecting business and compliance environments.

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