HMRC’s Pension Schemes Services has published its latest newsletter providing stakeholders with updates on developments related to the public service pensions remedy. The newsletter covers current progress and relevant information affecting those involved in public service pension schemes. This regular publication keeps interested parties informed of changes and announcements within the remedy programme.
Source: HMRC (GOV.UK) – Read the original
Traders disposing of category 1 oil extracted from UK fields without an arm’s length sale can now access HMRC guidance on the statutory market values required for compliance. The values establish a reference point for determining the taxable value when oil is not sold under normal commercial terms. This guidance applies to operators and traders involved in petroleum extraction and disposal in UK territorial waters. The statutory values ensure consistent valuation treatment across the sector for tax and duty purposes.
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HMRC has published a Compliance Handbook designed to assist businesses and practitioners in understanding how the tax authority’s penalty regime and compliance enforcement powers operate under relevant legislation. The handbook serves as a reference tool to clarify the rules governing penalties, compliance procedures, and related enforcement mechanisms. It aims to help importers, exporters, and logistics professionals navigate customs and tax compliance requirements more effectively.
Source: HMRC (GOV.UK) – Read the original
A Community Infrastructure Levy appeal decision dated 22 May 2026 has been issued regarding a scheme involving demolition of existing structures and construction of seven residential units with parking facilities. This decision determines the CIL liability applicable to the development project. The ruling sets precedent for similar mixed-use residential schemes involving site clearance and new housing delivery.
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Companies must register any new employment related securities schemes with HMRC before they are put into operation. The registration process involves notifying HMRC of the scheme details through the appropriate channels to ensure compliance with tax obligations. This applies to all businesses offering securities arrangements to employees, including share schemes and similar instruments. Failure to register schemes as required can result in compliance issues and potential penalties.
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HMRC has published guidance on package type codes required for Data Element 6/9 in the Customs Declaration Service, as specified in Appendix 18. These codes enable traders to accurately classify packages when submitting customs declarations. The codes form part of the standard dataset needed for compliant customs documentation across UK trade procedures.
Source: HMRC (GOV.UK) – Read the original
HMRC has issued guidance specifying the airport codes and foreign airport zones that must be declared in Data Element 5/21 of the Customs Declaration Service when reporting the place of loading for air freight. The guidance includes details on which percentages of air freight costs should be included in customs value calculations, with reference materials provided in two appendices covering the applicable airport codes and zone classifications.
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HMRC has released guidance detailing the codes traders must use when declaring additions or deductions to item prices within the Customs Declaration Service. The guidance, contained in Appendix 10, provides reference codes for Data Element 4/9 to enable accurate reporting of price modifications such as freight, insurance, or discounts during customs declarations. This resource is essential for import and export declarations to ensure compliant customs entries.
Source: HMRC (GOV.UK) – Read the original
The Lifelong Learning (Student Support) (Amendment of Fees and Awards etc.) Regulations 2026 modifies the existing framework governing student fees and financial support awards for lifelong learning programmes. The regulations adjust provisions relating to how fees are set and how awards are calculated or distributed to eligible learners. This amendment applies to student support arrangements across England’s lifelong learning sector and affects educational institutions administering these programmes as well as students seeking financial assistance.
Source: legislation.gov.uk – Read the original
The Education (Student Loans) (Repayment) Regulations 2009 have been amended to accommodate the introduction of plan 5 Lifelong Learning Entitlement loans, which form part of a new student support framework. These changes align the repayment mechanisms with the Lifelong Learning (Student Support) (Amendment of Fees and Awards etc.) Regulations 2026. The amendments ensure borrowers of LLE loans have clear repayment terms alongside existing student loan arrangements.
Source: legislation.gov.uk – Read the original