HMRC has published its Charter, which outlines the standards of service that businesses and individuals can expect when dealing with the tax authority, as well as the responsibilities expected of customers. The Charter serves as a framework defining the relationship between HMRC and those it serves, covering key aspects of interactions and compliance obligations. This guidance applies to all parties engaging with HMRC on tax, duty, and customs matters.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance setting out when individuals and businesses must pay Capital Gains Tax on profits from selling, exchanging, or disposing of cryptoasset tokens such as bitcoin, XRP, and ether. The guidance applies to various transaction types including sales for fiat currency, exchanges between different cryptocurrencies, and transfers of cryptoassets as gifts. Traders and investors dealing with digital assets need to understand their tax liabilities under UK law, as gains on cryptoasset disposals are generally subject to Capital Gains Tax.
Source: HMRC (GOV.UK) – Read the original
HMRC has launched a digital tool enabling pension recipients to estimate their potential Income Tax liability. The calculator allows individuals to input pension details and receive projections of tax obligations they may face. This resource is designed to help people plan their finances and understand their tax position before accessing pension funds.
Source: HMRC (GOV.UK) – Read the original
Sole traders and landlords earning more than £30,000 annually have been advised to prepare for Making Tax Digital requirements. This initiative requires eligible businesses to maintain digital records and file tax returns using compatible software. The warning urges affected parties to understand their obligations and arrange appropriate systems ahead of the implementation deadline. This applies to self-employed individuals and property owners whose turnover exceeds the £30,000 threshold.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance outlining the procedures and options available to taxpayers and businesses who wish to voluntarily disclose tax underpayment or non-compliance. The guidance explains the various disclosure routes and what disclosing parties should expect through the process. This resource is intended to help those who believe they have not paid the correct amount of tax to come forward and regularise their position with HMRC.
Source: HMRC (GOV.UK) – Read the original
The fourth amendment to Northern Ireland’s Disabled Persons’ Vehicles Parking Places Order has been introduced in 2026, modifying the existing regulations that govern parking provisions for disabled motorists. This legislation amends the framework for how disabled parking places are designated, managed, and enforced across Northern Ireland. The specific provisions of the amendment detail changes to the rules affecting disabled vehicle owners and local authorities responsible for implementing these parking regulations.
Source: legislation.gov.uk – Read the original