United Kingdom news

Tax·Chartered Institute of Taxation·2 months ago

HMRC will switch remaining agent accounts to MFA from 28 September

Automatic activation runs until 15 October, without an account-specific date; firms should update access-code settings and prepare staff before the window opens.

Industry: Accounting, bookkeeping and auditing activities; tax consultancy

Accounting & Reporting·GOV.UK·2 months ago·2 documents

Academy trusts must complete 2025–26 accounts returns manually

DfE has withdrawn planned automation and cancelled the autumn 2026 land and buildings collection; the accounts return is due on 26 January 2027.

Industry: Education

Tax·GOV.UK·2 months ago

HMRC removes email submission for AAG3 scheme notifications

Users with no promoter, or a lawyer unable to notify fully, are directed to print and post AAG3; HMRC’s general forms guide still lists an electronic route.

Industry: Across industries

Public Sector & Economy·GOV.UK·3 months ago

RPA changes online claims for educational access visits

VED1 claimants should follow Rural Payments service help and contact RPA if needed, while continuing to supply a signed declaration for every farm visit.

Industry: Crop and animal production, hunting and related service activities

Tax·GOV.UK·3 months ago

HMRC confirms EU exit-charge rebasing preserves the SSE holding period

A company migrating to the UK under section 184J can retain its shareholding history: market-value acquisition treatment does not trigger the deemed-disposal reset.

Industry: Across industries

Tax·GOV.UK·3 months ago

Customs duties can become expenses after an insolvency appointment

HMRC’s insolvency handbook sets out checks on suspended duties, import VAT and stored goods, and tells practitioners to arrange new duty-deferment payments.

Industry: Across industries

Tax·GOV.UK·3 months ago·7 documents

Tax adviser checks cover strategic control over service delivery

HMRC clarifies relevant-individual responsibilities and overseas evidence arrangements, and sets the first three registration windows to end on the 17th.

Industry: Accounting, bookkeeping and auditing activities; tax consultancy

Payroll & Labour·GOV.UK·3 months ago

HMRC requires letters for pension scheme registration-status checks

Administrators wanting an email reply must read HMRC’s email protocol and include the consent statement in every letter, or receive a postal response.

Industry: Insurance, reinsurance and pension funding, except compulsory social security

Tax·GOV.UK·3 months ago

HMRC accepts registration exemptions for specified non-group tax services

Transitional guidance covers joint ventures, post-sale support and investment structures, with protection for organisations relying on it in good faith.

Industry: Accounting, bookkeeping and auditing activities; tax consultancy

Tax·GOV.UK·3 months ago

UK reports a larger Uruguay beef quota for 2026–27

Uruguay’s annual quantity is 1,123,000 kg for one quota year; Chile’s rises to 561,000 kg, alongside new allocation figures across other agricultural quotas.

Industry: Agriculture, forestry and fishing · Manufacture of food products

Payroll & Labour·Revenue Jersey·3 months ago

Jersey opens ITIS rate wizard to all payrolls

Employers can download current employee tax rates and contribution status from their latest return’s staff list; new starters must still provide their notices and registration cards.

Industry: Across industries

Public Sector & Economy·GOV.UK·3 months ago

Bona vacantia land valuations move to London and regional fee bands

Indicative District Valuer charges now run from £2,400 to £4,440 including VAT; advance payment remains non-refundable and does not guarantee a sale.

Industry: Buying and selling of own real estate

Tax·GOV.UK·3 months ago

HMRC opens digital-exclusion applications for April 2027 MTD starters

Applications depend on the taxpayer’s circumstances; authorised agents must apply individually, and HMRC still expects Self Assessment reporting where an exemption is granted.

Tax·Case Law·3 months ago

Pontin shareholders win entrepreneurs’ relief despite rental income

The tribunal treated short tenancies as integral to development preparations and weighed the ending of a legacy investment lease when assessing trading-company status.

Industry: Across industries

Tax·GOV.UK·3 months ago

HMRC removes Davy Personal Retirement Bond from overseas pension list

The 17 August changes remove eight Australian schemes and add 12, alongside an Isle of Man addition; scheme administrators should check the list again before transferring.

Industry: Pension funding

Tax·GOV.UK·3 months ago

HMRC requires a separate RDEC claim after an out-of-time SME correction

Companies must disclose the incorrect SME R&D claim through the disclosure service and send any RDEC claim for the same period to HMRC’s late-claims mailbox for consideration.

Industry: Across industries

Tax·GOV.UK·3 months ago

HMRC corrects taxable director’s fee to £833.33 in VAT-inclusive example

A £1,000 payment inclusive of VAT is split into £833.33 fees and £166.67 VAT; the separate £1,000-plus-VAT example is unchanged.

Industry: Across industries

Tax·GOV.UK·3 months ago

HMRC requires nil ISA14 annual returns by 5 October

ISA managers must file even when no tax is due; missing the annual return can stop interim repayments and trigger recovery of earlier payments.

Industry: Insurance, reinsurance and pension funding, except compulsory social security · Financial service activities, except insurance and pension funding

Tax·GOV.UK·3 months ago·11 documents

Tax advisers face £5,000 penalties for prohibited HMRC interactions

HMRC’s registration sanctions guidance covers £5,000 and £10,000 penalties, suspension, client notifications and ineligibility orders, with review and appeal safeguards.

Industry: Accounting, bookkeeping and auditing activities; tax consultancy