Category: News

The Office for National Statistics has published analysis detailing the employment patterns of Ukrainian nationals across the UK, breaking down figures by age, gender and regional location including England, Scotland, Wales and Northern Ireland. This research provides insights into workforce distribution and demographic characteristics of Ukrainian workers who have entered the employment market since the conflict began. The data is intended to support understanding of labour market integration among Ukrainian migrants across different parts of the country.

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

HMRC and the Office for National Statistics have published their monthly statistics on payrolled employee numbers and wage levels based on Real Time Information data submitted through the PAYE system. The joint release provides official figures on employment and pay across the UK economy for May 2027, drawn from employers’ real-time tax submissions to HMRC.

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

The Accredited official statistics for UK betting and gaming have been updated with provisional data covering the period from August 2025 to July 2026. The release includes annual figures on betting and gaming receipts and declarations, providing a comprehensive overview of activity across the sector during this financial year. This data supports industry monitoring and regulatory decision-making within the gambling sector.

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

The UK government has published a second technical note clarifying the inheritance tax treatment of pensions following announcements made in the Autumn Budget 2024. This supplementary guidance expands on details already provided in the first technical note and addresses additional complexities surrounding how pension assets will be taxed in inheritance circumstances. The changes represent a significant shift in pension taxation policy that will affect estates and beneficiaries subject to inheritance tax.

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

HMRC has published official data on the Plastic Packaging Tax including the number of registered businesses subject to the tax, quantities of plastic packaging declared, and associated revenue figures. The statistics provide insights into compliance levels and the scale of plastic packaging liable for taxation within the UK supply chain. This data release enables businesses and industry observers to track PPT implementation and market trends since the tax came into force.

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

Form IHT100b is used to notify HMRC when a beneficiary’s qualifying interest in possession within a trust terminates, triggering an Inheritance Tax liability. This form is required to ensure proper reporting of the cessation event and associated tax obligations to the tax authority. The form enables trustees and relevant parties to formally declare the end of the beneficial interest and calculate any IHT due on the deemed disposition of trust assets.

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

HMRC has published accredited official statistics tracking monthly property transactions completed across the UK where the transaction value is £40,000 or above. This statistical series provides data on property deals meeting the specified threshold, offering insights into transaction volumes and patterns in the UK property market. The figures are designated as accredited official statistics, meeting quality and methodological standards set by the UK Statistics Authority. This data is relevant to customs and trade professionals monitoring broader economic and property sector trends affecting business and compliance environments.

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

HMRC has issued an updated notice detailing all extra statutory concessions currently available for VAT purposes. Extra statutory concessions are discretionary reliefs that HMRC applies beyond the strict requirements of VAT legislation to provide fairness in specific circumstances. This guidance is relevant to businesses and customs professionals seeking to understand the full scope of VAT exemptions and reliefs that may apply to their operations.

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

HMRC has published official statistics covering tax revenue collected from the banking sector during 2026, including PAYE Income Tax, National Insurance contributions, Bank Levy, Bank Surcharge, Corporation Tax, and the newly introduced Bank Payroll Tax. The data provides a comprehensive breakdown of the various tax streams imposed on financial institutions during this period. These statistics are relevant for customs and trade compliance professionals monitoring the regulatory and fiscal environment affecting UK banking operations.

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

Workers employed through agencies, temporary work arrangements, umbrella companies or payroll service providers should review their payslips and deduction statements to ensure tax and National Insurance contributions have been calculated and paid accurately. This guidance helps identify potential discrepancies in payments made to HMRC on behalf of workers in non-standard employment arrangements.

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