HMRC has released completion instructions for submitting Customs Clearance Requests through the Customs Declaration Service for inventory export releases, which replace the previous C21 procedure. The guidance covers the data elements required when making inventory releases for export purposes via CDS. This update affects exporters and customs brokers managing inventory declarations through HMRC’s digital platform.
Source: HMRC (GOV.UK) – Read the original
HMRC has released statutory guidance detailing the tariff suspensions that became effective following the end of the Brexit transition period. The guidance covers the reference documents businesses need to understand which import duties are suspended under The Customs Tariff (Suspension of Import Duty Rates) (EU Exit) Regulations 2020. This resource clarifies the tariff treatment for goods eligible for temporary duty relief during the period following 1 January 2021. Importers and customs agents should consult these reference documents to ensure correct classification and duty calculation for suspended tariff lines.
Source: HMRC (GOV.UK) – Read the original
HMRC has made available a form enabling US companies to claim repayment of UK Income Tax deducted from dividends distributed by UK Real Estate Investment Trusts under the UK-USA Double Taxation Convention. The form facilitates the recovery of tax withheld on property income dividends where eligible under the treaty provisions. This streamlines the claims process for US corporate entities receiving distributions from UK REITs.
Source: HMRC (GOV.UK) – Read the original
Companies and entities resident in Japan can now apply for repayment of UK income tax withheld from property income dividends distributed by UK Real Estate Investment Trusts, using the dedicated form Japan-4-DT. This relief is available under the UK-Japan Double Taxation Convention. The form enables Japanese residents to recover tax that was deducted at source on qualifying REIT dividend payments.
Source: HMRC (GOV.UK) – Read the original
HMRC has published its response to recommendations from His Majesty’s Inspectorate of Constabulary and Fire and Rescue Services regarding the prevention and management of insider risks within the organisation. The inspectorate’s report examined how HMRC identifies, monitors and mitigates threats posed by staff members with access to sensitive information and systems. HMRC’s response outlines the measures it is taking or plans to implement to address the inspectorate’s findings and strengthen internal security protocols.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance clarifying which transactions and amounts must be included when calculating Stamp Duty Land Tax liability. The guidance helps taxpayers and their advisers determine the correct transaction value for SDLT purposes. This information applies to anyone purchasing property or land in England, Northern Ireland, and certain areas of Scotland where SDLT is applicable.
Source: HMRC (GOV.UK) – Read the original
HMRC has published official statistics covering the main characteristics and features of National Insurance contributions across the UK. The data provides insights into contribution patterns, compliance rates, and key metrics related to National Insurance. These statistics are designed to inform stakeholders about the scope and impact of the National Insurance system on employers and individuals.
Source: HMRC (GOV.UK) – Read the original
HM Revenue and Customs has published updated official statistics covering Income Tax personal allowances and reliefs across the UK taxpaying population. These figures provide detailed breakdowns of how many individuals claim various allowances and tax reliefs, alongside aggregate amounts claimed. The data enables traders, logistics businesses, and compliance professionals to understand the wider tax environment affecting their workforce and business planning. This statistical release supports compliance understanding and informed decision-making for employers and tax advisors.
Source: HMRC (GOV.UK) – Read the original
HMRC has published accredited official statistics on the distribution of income and Income Tax liability across different percentile groups, with data spanning from tax year 1999-2000 through 2026-27. The dataset shows shares of total income before and after tax, along with corresponding tax liability for each percentile group. This statistical release provides insight into how Income Tax burden is distributed across the income distribution over more than two decades.
Source: HMRC (GOV.UK) – Read the original
The UK has introduced detailed regulations governing the calculation and operation of the Carbon Border Adjustment Mechanism (CBAM), a new tax established through the Finance Act 2026. These regulations set out how the CBAM rate will be calculated and determine the eligibility criteria for carbon price relief claims. The regulations implement Part 5 of the Finance Act 2026, establishing the practical framework for this environmental tax on imported goods.
Source: legislation.gov.uk – Read the original