The government is establishing a collaborative framework that brings together a select group of external experts and broader stakeholder participation to develop reforms targeting personal tax avoidance through offshore structures. This co-creation model will shape the direction and design of forthcoming policy changes in this area. The initiative reflects a commitment to incorporating specialist knowledge and industry input into the reform process.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance identifying commercial software solutions available for businesses required to report Domestic Top-up Tax and Multinational Top-up Tax under the Pillar 2 framework. The guidance helps organisations select appropriate tools to manage their reporting obligations for these new tax requirements. This resource supports compliance by directing taxpayers to validated software providers capable of handling Pillar 2 reporting.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance explaining how Value Added Tax applies to local authorities, government departments, and other public sector bodies. The guidance covers VAT registration requirements, exemptions, and compliance obligations specific to the public sector. This resource helps government and public bodies understand their VAT responsibilities and correct treatment of supplies and purchases.
Source: HMRC (GOV.UK) – Read the original
The UK has implemented two new tax measures aligned with the OECD’s Pillar Two framework. Multinational Top-up Tax applies the Income Inclusion Rule and Undertaxed Profits Rule to international groups, whilst Domestic Top-up Tax extends equivalent minimum tax requirements to UK-based entities. Both measures aim to ensure larger businesses pay a minimum level of tax on their profits.
Source: HMRC (GOV.UK) – Read the original
HMRC has issued the fourth Community and Amateur Sports Club newsletter, providing registered charities and CASCs with compliance updates and administrative guidance. The newsletter covers relevant tax and regulatory changes affecting the sports club sector. Organizations registered with HMRC should review the newsletter to ensure continued compliance with their registration requirements and entitlements.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance detailing the specific data elements required for each import declaration category on the Customs Declaration Service. The appendix sets out which information fields must be completed depending on the type of import declaration being submitted. This guidance helps traders and customs agents ensure they provide all necessary data when processing imports through the CDS system.
Source: HMRC (GOV.UK) – Read the original
HMRC has published guidance enabling users to monitor the operational status of Import Control System 2 (ICS2) and identify any service disruptions or technical issues. This resource allows importers, customs brokers, and logistics operators to check real-time availability of the system used for processing import declarations and goods movement notifications. Users can access information about planned maintenance windows and unscheduled outages that may affect their customs operations.
Source: HMRC (GOV.UK) – Read the original
Importers can now submit claims to recover import security deposits or guarantees through HMRC’s online service. The facility applies to goods imported under Temporary Admission, inward processing schemes, or authorised use arrangements where an authorisation by declaration was provided, as well as cases where proof of origin documentation was unavailable at the point of import. This streamlined claims process allows businesses to recover funds held against these specific import categories.
Source: HMRC (GOV.UK) – Read the original
The latest official statistics released for September 2026 reveal the growing participation in the UK Patent Box scheme, which allows qualifying companies to claim corporation tax relief on profits derived from patents and intellectual property. The data shows the total exchequer cost of the relief programme and tracks the number of businesses that have elected into the scheme since its introduction. These figures provide insight into the uptake and fiscal impact of this key innovation-supporting tax measure among UK businesses.
Source: HMRC (GOV.UK) – Read the original
HMRC has made available a range of email updates, videos, and webinars designed to help property landlords understand their tax responsibilities and maintain proper records. These resources cover key compliance areas relevant to landlords managing rental properties. The materials are intended to support landlords in meeting their tax filing and documentation requirements.
Source: HMRC (GOV.UK) – Read the original