HMRC have launched a consultation on ‘Aligning the time limits for recovery of National Insurance Contributions (NICs) with Income Tax’. Proposals include bringing the time limits for assessing and recovering NICs into line with existing Income Tax rules, so that HMRC can apply a consistent framework across both taxes.
HMRC have released new guidance for individuals who wish to settle their disguised remuneration loan charge liability under new settlement terms. The guidance offers advice on the new settlement scheme and HMRC will write to those who are eligible to settle under the new terms.
The latest annual report from the Charter Stakeholder Group remains highly critical of HMRC's service performance, with scores either stagnant or deteriorating across most standards. Alongside poor scores for responsiveness and ease of use, the report highlights overwhelmingly negative feedback on Making Tax Digital (MTD).
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This week, a firm date finally lands for the Capital Goods Scheme simplification, agents get a timely steer ahead of the first round of MTD quarterly filings and HMRC admits to a calculation error that’s been running since 2010. Add a fresh consultation and Legislation Day's draft legislation, including new rules for taxing stablecoins from April 2027, and there is plenty to keep agents busy.
The government has published a second consultation on potential options to reform Land Remediation Relief (LRR). Proposals would change the timing of relief, align eligible contamination expenses with planning processes and update the rules for long-term derelict land.
HMRC have disclosed a long-running error in their systems that has led many pensioners to pay small amounts of excess tax. The issue dates back to 2010 and may have affected as many as 3.1 million pensioners in 2024-25. Affected taxpayers are invited to contact HMRC or, where possible, amend their Self Assessment tax return.
HMRC have published responses to its call for evidence, 'The Taxation of Stablecoins', which explored how this cryptoasset should be taxed for individuals and companies. Draft legislation has been published setting out the likely changes that will take effect from April 2027.
HMRC have published a special Making Tax Digital (MTD) edition of their Agent Update. We have summarised the key content, including reminders, videos and resources that you may find useful.
In Ben Everson v HMRC [2026] TC09933, the First Tier Tribunal (FTT) found that a payment under a compromise agreement with a whistleblowing employee was taxable as earnings. It did not matter why the payment was made; it arose from the termination of the employment, so only £30,000 was tax-free.
In Matthew Lambourne & Anor v HMRC [2026] TC09942, the First Tier Tribunal (FTT) held that a separate habitable unit was a chattel, not part of the land. Multiple Dwellings Relief (MDR) did not apply, but its value was not part of the chargeable consideration for Stamp Duty Land Tax (SDLT).
