Day: 10 September 2026

HMRC has published a technical guide on land valuations specifically for use by Valuation Officers when assessing the contractor’s basis. This internal publication provides detailed methodology and reference materials to ensure consistent and accurate valuation of land in contractor-related tax assessments. The guidance is primarily aimed at HMRC’s valuation specialists and may reference internal systems not publicly accessible.

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

New regulations will formally close Northern Ireland’s renewable heat incentive scheme, which was originally established in 2012. Existing eligible installations will transition to a closure scheme that continues to provide annual payments until the end of their original tariff periods. The regulations set out the mechanism for converting participants from the active scheme into this wind-down arrangement.

Source: legislation.gov.uk – Read the original