HMRC has published the location codes that must be used in Data Element 5/23 of the Customs Declaration Service to specify where goods will be examined at maritime ports and wharves. The codes are contained in Appendix 16C and enable traders to identify the precise examination location when submitting customs declarations for sea freight. This guidance ensures compliance with the data requirements for maritime customs procedures in the UK.
Source: HMRC (GOV.UK) – Read the original
HMRC has published a reference list of airport location codes for use in Data Element 5/23 of the Customs Declaration Service, enabling traders to correctly identify examination locations for imported and exported goods. The codes are provided in Appendix 16A guidance and apply to all UK airports where customs inspections take place. This update ensures consistent data reporting across the customs system for air freight movements.
Source: HMRC (GOV.UK) – Read the original
HMRC has published promotional material outlining best practice approaches to transfer pricing designed to help businesses identify and mitigate common risks in their transfer pricing strategies. The guidance highlights frequent errors and misconceptions that companies encounter when establishing pricing policies for transactions between related entities. The resource is intended to support businesses in achieving compliant transfer pricing documentation and reducing the likelihood of disputes with tax authorities.
Source: HMRC (GOV.UK) – Read the original
Traders using HMRC’s Customs Declaration Service can now submit requests to withdraw funds held in their cash accounts. This facility enables businesses to retrieve money they have deposited to cover customs duties and charges. The withdrawal process is available through the Customs Declaration Service portal for authorised users managing their account payments.
Source: HMRC (GOV.UK) – Read the original
HMRC guidance clarifies the process for transferring pension scheme member savings between different pension arrangements while implementing safeguards against fraudulent pension liberation schemes. The rules establish requirements for scheme trustees and administrators handling member transfers to verify legitimacy and protect savers from scams. These protections apply to individuals moving their pension funds and affect pension scheme operators responsible for processing transfers.
Source: HMRC (GOV.UK) – Read the original
HMRC has published promotional materials and communications resources to assist tax adviser bodies in informing their members about the new mandatory registration requirements. These resources are designed to help professional bodies distribute up-to-date information regarding the registration obligations for tax advisers. The materials support the rollout of the mandatory registration scheme across the tax adviser profession.
Source: HMRC (GOV.UK) – Read the original
HMRC has published accredited official statistics detailing the UK’s tax receipts, National Insurance contributions, and associated expenditure figures. This data release provides comprehensive financial information on government revenue collection across tax types and National Insurance schemes. The statistics are designated as accredited official statistics, meeting quality standards for accuracy and reliability. The figures serve as key reference material for those monitoring UK fiscal performance and government revenue trends.
Source: HMRC (GOV.UK) – Read the original
HMRC has commenced the second phase of compulsory registration for tax advisers, requiring eligible professionals to complete their registration by 18 November 2026. This mandatory scheme aims to improve regulation and oversight of the tax advice sector. The registration window is now accessible to those who meet the eligibility criteria for this phase of the rollout.
Source: HMRC (GOV.UK) – Read the original
This guidance covers the procedures for businesses to account for Corporation Tax and complete the final Company Tax Return form CT600. It sets out the regulatory framework for how companies must calculate their tax liability and submit required documentation to HMRC. The guidance applies to all UK registered companies subject to Corporation Tax on their profits.
Source: HMRC (GOV.UK) – Read the original
Insolvency practitioners handling companies engaged in import and export activities must understand and fulfil customs obligations on behalf of those businesses. These responsibilities include managing customs duties, documentation, and compliance requirements that continue even when a company enters insolvency proceedings. Practitioners need to ensure goods in transit or held in inventory are properly declared and duties are paid or deferred according to customs regulations. Failure to meet these customs responsibilities can result in additional penalties and complications to the insolvency process.
Source: HMRC (GOV.UK) – Read the original