Northern Ireland Insolvency Amendment Act 2026 Begins Implementation

The first commencement order has been issued to bring provisions of the Insolvency (Amendment) Act (Northern Ireland) 2026 into force. This legislation updates insolvency law in Northern Ireland to reflect changes to how insolvent businesses and individuals are handled. The order includes transitional provisions to manage the shift from previous rules to the new framework. Specific commencement dates and affected provisions are detailed within the order.

Source: legislation.gov.uk – Read the original

HMRC publishes accredited official statistics on UK tax receipts and National Insurance contributions

HMRC has released official statistics covering tax receipts, National Insurance contributions, and expenditure across the UK. These accredited figures provide a comprehensive overview of revenue collection and spending by HM Revenue and Customs. The data is compiled to meet standards for official statistics and offers stakeholders transparency on government tax administration performance. Businesses and trade professionals can use these figures to understand the broader fiscal context affecting compliance requirements and customs operations.

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

HMRC releases accredited official statistics on UK tax receipts and National Insurance contributions

HMRC has published official statistics providing comprehensive monthly and annual data on all tax receipts administered by the department, alongside expenditure figures for tax credits, Child Benefit, and Tax-Free Childcare. The release incorporates year-to-date analysis and commentary to offer businesses and logistics professionals insight into current taxation trends and government spending patterns. This accredited statistical bulletin serves as a key reference for understanding the broader fiscal environment affecting customs and trade operations.

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