Hello,
Following on from HMRC’s 2026 Tax Update last week, we take a closer look at several of the consultations and proposals. There are a lot of potential developments for tax agents and taxpayers to examine, including proposals that will require most VAT-registered businesses and employers to pay VAT and PAYE liabilities by Direct Debit.
The government has published a response to its consultation 'Land Remediation Relief'. The review sought to understand whether the Corporation Tax relief continues to incentivise the redevelopment of brownfield land and whether reforms are needed to ensure it remains effective, accessible and aligned with modern remediation practices.
HMRC have opened a consultation, ‘Modernising the taxation of distributions and repayments of capital from companies’. They are seeking views on the proposals to modernise the tax framework dealing with distributions made by companies to shareholders who are individuals or trusts.
HMRC have opened a call for evidence on the design, operation and future direction of voluntary National Insurance Contributions (NICs).
HMRC have launched a call for evidence on how 'PAYE Settlement Agreements (PSAs)' operate in practice, to improve clarity, consistency and administrative efficiency.
The government is consulting on proposals that will require most VAT-registered businesses and employers to pay VAT and PAYE liabilities by Direct Debit. The aim is to reduce late payment and simplify the payment process.
In Rune Madsen v HMRC [2026] TC09854, the First Tier Tribunal (FTT) held that a Stamp Duty Land Tax (SDLT) discovery assessment was not valid as HMRC had enough information within the enquiry window to identify a loss of tax and had lost the taxpayer’s disclosure letter.
The government is seeking views on bringing forward Income Tax Self Assessment (ITSA) payments so that more is paid in-year from April 2029. Proposals show how this may work for taxpayers both with and without PAYE income.
In HMRC v HFFX LLP; Atkins & Ors v HMRC [2026] UKSC 17, the Supreme Court confirmed that allocations to individual members of a mixed-member partnership by a corporate member were chargeable to Income Tax as miscellaneous income under s.687 ITTOIA 2005. HMRC's argument that the amounts were taxable as profit shares under the profit-sharing arrangements rules in s.850 ITTOIA 2005 was rejected.
Hello,
It's been a busy week on the tax front, with HMRC's 'Tax Update 2026' delivering a raft of tax policy announcements and consultations. While simplification and modernisation have been cited as driving the changes, there also seems to be a theme of tightening compliance in a bid to shrink the tax gap, currently estimated at £59.2 billion.
