HMRC has announced that employers and organisations will face revised reporting obligations for certain benefits in kind starting April 2027. The policy paper outlines which benefits will be subject to the new reporting framework and the administrative changes businesses must implement before the deadline. This affects all employers providing taxable benefits to employees and requires updates to payroll and compliance procedures.
Source: HMRC (GOV.UK) – Read the original
Traders and sole proprietors using Making Tax Digital for Income Tax must submit their inaugural quarterly update within the next two weeks. The system requires eligible individuals to file quarterly reports containing information on income and allowable expenses. Failure to meet this deadline could result in penalties. Customers should ensure their accounting software is compatible and their tax return information is accurate before the submission window closes.
Source: HMRC (GOV.UK) – Read the original
The latest Plastic Packaging Tax statistical release covers the 2025-26 financial year and includes data on registered taxpayers, declared plastic packaging tonnages, and tax receipts. The figures provide an overview of how many businesses are registered for PPT, the volumes of plastic packaging subject to the tax, and the revenue collected. These statistics offer insight into compliance patterns and the scale of plastic packaging subject to the 5 pounds per tonne duty.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance explaining how the zero and reduced rates of VAT apply to buildings and construction work. The guidance clarifies the VAT treatment for construction-related activities, helping businesses and contractors understand their obligations and eligibility for relief. This resource is intended to assist those involved in construction projects to determine the correct VAT rate applicable to their supplies and services.
Source: HMRC (GOV.UK) – Read the original
HMRC has released updated accredited official statistics for the Hydrocarbon Oils Bulletin, incorporating receipts and quantities data through June 2026. The bulletin tracks hydrocarbon oil movements and excise duty compliance across the UK energy sector. This regular statistical update provides traders and logistics operators with authoritative data on fuel supply chains and regulatory volumes.
Source: HMRC (GOV.UK) – Read the original
HMRC has published official statistics detailing the volume of checks and challenges filed against local non-domestic rating lists as of 30 June 2026. The data covers both the 2023 and 2026 rating lists, providing an overview of ratepayer activity in disputing property valuations. These statistics are relevant to businesses and property owners involved in rates appeals and compliance with local rating assessments.
Source: HMRC (GOV.UK) – Read the original
A Community Infrastructure Levy appeal has been decided regarding a demolition and construction project that will remove existing commercial units and build a two-storey residential development containing 14 units plus roof space accommodation and related works. This decision, issued on 7 July 2026, determines the CIL liability applicable to the mixed-use development project. The outcome establishes how much developers must contribute to local infrastructure under the CIL framework for this specific scheme.
Source: HMRC (GOV.UK) – Read the original
HMRC has issued formal notices that carry statutory force under the Taxation (Cross-border Trade) Act 2018, which grants the agency authority to make binding determinations on cross-border trading matters. These notices establish mandatory requirements that apply to traders and businesses engaged in imports and exports across borders. The notices represent HMRC’s enforcement of regulations governing how cross-border transactions are assessed and taxed under UK law.
Source: HMRC (GOV.UK) – Read the original
HMRC has released a General Anti-Abuse Rule Advisory Panel opinion dated 30 January 2026 examining whether arrangements involving the purchase of company shares and their subsequent gifting to an employee trust constitute abusive tax avoidance under GAAR. The guidance is designed to help businesses and advisers identify characteristics of potentially abusive arrangements in the context of Inheritance Tax planning, particularly where the primary purpose appears to be artificial estate reduction or circumventing Inheritance Tax on lifetime transfers rather than achieving genuine commercial objectives.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance on its interim approach to receiving and exchanging GloBE Information Returns under the Pillar 2 global minimum tax rules. The guidance clarifies how the tax authority will handle the initial phase of GloBE return submissions and the subsequent international exchange of this information with other jurisdictions. This transitional framework applies to multinational enterprises required to file these returns as part of OECD Pillar 2 compliance.
Source: HMRC (GOV.UK) – Read the original