Category: News

HMRC has published the technical specifications for the Alcohol and Tobacco Warehouse Declaration system, providing software developers with the requirements needed to build compatible applications. The specifications outline the data formats, system interfaces, and technical standards that developers must follow when creating tools to submit warehouse declarations for alcohol and tobacco products. This guidance enables third-party developers to integrate their systems with HMRC’s declaration requirements, ensuring compliance with UK customs regulations for alcohol and tobacco warehousing operations.

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

HMRC has released helpsheet HS325 to assist self-employed individuals and business owners in identifying and calculating various forms of taxable income that fall outside standard employment or trading profits. The guidance covers how to properly report miscellaneous income sources within Self Assessment tax returns. This resource helps taxpayers ensure they capture all relevant income streams when completing their annual tax submissions.

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

The GAAR Advisory Panel has issued an opinion from 30 January 2026 addressing arrangements where companies gift shares to employee trusts to reduce estate values for Inheritance Tax purposes and avoid Inheritance Tax on lifetime transfers. The guidance helps businesses and advisors identify whether such arrangements may constitute abusive tax arrangements under the General Anti-Abuse Rule. This opinion provides clarity on how GAAR principles apply to this specific category of estate planning strategies involving trust structures.

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

HMRC has published its latest accredited official statistics on Capital Gains Tax, featuring data collected through Self Assessment and UK Property returns. The 2024 update introduces cryptoasset gains reporting for the first time, providing traders and tax professionals with comprehensive insights into how cryptocurrency transactions are being declared across the UK tax system.

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

HMRC has published guidance explaining how the Human Rights Act applies to penalties imposed for inaccurate declarations involving legally privileged material. The factsheet sets out the framework for compliance checks and the circumstances under which human rights protections may apply when declarations relating to privileged information are found to be incorrect. This guidance helps traders and their advisors understand their rights and obligations when handling sensitive legal documents during customs procedures.

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

The UK government is launching a consultation to gather stakeholder views on modernising its customs regime through digitalisation and updated international trade practices. The consultation seeks feedback on how technological advancement and streamlined processes could reshape customs operations across the sector. This initiative signals the government’s intention to evolve customs procedures to reflect contemporary trading conditions and digital capabilities.

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

A dedicated HMRC form now enables individuals to claim repayment of UK income tax that has been withheld from property income dividends distributed by UK Real Estate Investment Trusts. The form UK-REIT DT-Individual is designed specifically to address double taxation issues arising from REIT dividend payments. This allows eligible taxpayers to recover tax deducted at source under double taxation relief provisions. The form streamlines the claims process for investors receiving distributions from UK REITs.

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

The Tax Credits Manual outlines how HM Revenue and Customs processes and manages Child Tax Credit and Working Tax Credit claims. The manual covers the administration procedures, eligibility assessments, and case handling requirements for these two tax credit schemes. This reference material is used by HMRC staff and provides transparency on how tax credit cases are evaluated and processed.

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

HMRC has published a user guide providing step-by-step instructions for employers to operate their payroll and modify payroll information through the Basic PAYE Tools service. This guidance is intended to assist users in managing their PAYE obligations and updating relevant employment records within the system.

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

UK-based operators of digital platforms that facilitate the sale of goods or services by users are now required to register information about their sellers with HMRC. The requirement applies to platforms enabling third-party sales and represents a move to increase tax compliance visibility across the digital economy. Platform operators should check the specific registration criteria to determine their obligations under these new reporting requirements.

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