HMRC has published guidance on the payment methods available for Stamp Duty Reserve Tax and the timeframes involved for funds to be received and processed by the authority. The guidance clarifies how taxpayers can submit payments and what to expect during the payment cycle. This information applies to anyone liable for this tax on the transfer of securities and financial instruments.
Source: HMRC (GOV.UK) – Read the original
The UK Help to Save programme has paid out more than £300 million to date, with additional savers expected to benefit from the initiative. The scheme encourages low-income earners to open savings accounts and receive government bonuses on their deposits. The announcement coincides with UK Savings Week, which aims to promote financial awareness among eligible participants.
Source: HMRC (GOV.UK) – Read the original
The Northern Ireland government has introduced the third amendment to The Parking Places (Disabled Persons’ Vehicles) Order, updating rules that govern designated parking spaces for vehicles displaying disability badges. This amendment modifies provisions relating to the designation, management, and enforcement of accessible parking facilities across Northern Ireland. The changes apply to local authorities, parking operators, and organisations responsible for maintaining designated disabled parking spaces.
Source: legislation.gov.uk – Read the original
Part 8A of the Valuation Office’s technical manual sets out how repair costs and economic viability are assessed when determining rateable values for non-domestic business properties. The guidance establishes the framework for evaluating whether property repairs represent genuine maintenance or capital improvements that affect tax liability. This manual section provides property valuers and owners with standardised criteria for understanding how repair expenditure influences business rates calculations across the UK.
Source: HMRC (GOV.UK) – Read the original
Form IHT404 has been released by HMRC for use alongside the main inheritance tax return form IHT400 to declare details of all UK assets that a deceased person held jointly with another individual. The form enables executors and administrators to provide comprehensive information about jointly owned property and assets as part of the inheritance tax assessment process. Completion of this supplementary form is required when the estate includes any jointly owned UK assets.
Source: HMRC (GOV.UK) – Read the original
HMRC is asking Construction Industry Scheme contractors who have received notification letters to report errors relating to incorrect rates applied to subcontractor payments during the 2025 to 2026 tax year. Contractors affected by rate application mistakes should contact HMRC to correct their monthly returns. This measure allows businesses to resolve discrepancies identified by the tax authority during the current tax period.
Source: HMRC (GOV.UK) – Read the original
Excise Notice 75 sets out the rules governing when rebated diesel, biodiesel and kerosene can be lawfully used in vehicles and other machinery. The notice clarifies eligibility requirements and conditions for businesses and operators seeking to use these lower-duty fuels. Rebated fuels typically apply to specific sectors such as agriculture, haulage and heating, subject to strict conditions to prevent misuse.
Source: HMRC (GOV.UK) – Read the original
HMRC’s Excise Notice 179e sets out updated legal definitions for biofuel products and fuel substitutes, along with the applicable excise duty rates, taking effect from 1 April 2022. The notice clarifies the roles and responsibilities of producers of these fuel types under UK excise law. This guidance applies to businesses manufacturing or importing biofuels and fuel substitutes for use in the UK market.
Source: HMRC (GOV.UK) – Read the original
The Valuation Office has published technical guidance for assessing business rates on properties that are undergoing reconstruction or redevelopment schemes and cannot be occupied for their intended use. This guidance is part of the official rating manual used to value non-domestic properties for business rate assessment purposes. The manual provides the standards and methodology that valuers must follow when determining rateable values for buildings in this specific condition.
Source: HMRC (GOV.UK) – Read the original
HMRC Excise Notice 179a sets out the regulatory framework governing the production, supply and consumption of aviation turbine fuels (avtur) in the UK. The notice covers compliance obligations for producers and suppliers of jet fuel, including registration requirements, record-keeping standards and duty payment procedures. Operators in the aviation fuel sector must adhere to these rules to ensure proper excise treatment and avoid penalties.
Source: HMRC (GOV.UK) – Read the original