Capital Gains Tax·Case Law·3 weeks ago
Capitalising a £2.2m irrecoverable loan into worthless shares extinguished the debt, so no section 253 TCGA loss relief was available even though the lender got nothing of value.
Industry: Across industries
Tax Filing, Registration & Penalties·GOV.UK·3 weeks ago·2 documents
HMRC's 2026 reportable-jurisdictions list adds Austria, Costa Rica, Finland, Hungary and Malta for platform-operator reporting; Malta's financial-account-identifier requirement is still to be confirmed.
Industry: Other information service activities n.e.c.
Customs & Trade·GOV.UK·3 weeks ago
HMRC corrected its ATA Carnet guide so exporters sending goods as freight use form C21e in the Customs Declaration Service; re-imports as freight still use C21i.
Industry: Across industries
Tax Filing, Registration & Penalties·Revenue Jersey·3 weeks ago
Jersey companies disputing a tax assessment must now use the online appeal form first; written appeals with the same four particulars remain accepted as an alternative.
Industry: Across industries
Tax Filing, Registration & Penalties·GOV.UK·3 weeks ago
HMRC's ISA annual-returns specification page now presents secure electronic file transfer and email as filing channels instead of mandating a flat text file via the Secure Data Exchange Service.
Industry: Financial and insurance activities
Inheritance, Wealth & Gift Tax·Chartered Institute of Taxation·3 weeks ago
Finance Act 2026 changes to IHTA 1984 s 23(6) may deny the charitable exemption and the 36% rate to gifts left on charitable trusts created by Will; CIOT and STEP have asked HMRC for urgent guidance.
Excise & Environmental Taxes·GOV.UK·3 weeks ago·2 documents
HMRC now warns APD and biofuels duty payers that a wrong reference may divert payment to a different tax bill — with a helpdesk email to get it moved.
Industry: Passenger air transport · Wholesale of solid, liquid and gaseous fuels and related products
Customs & Trade·GOV.UK·3 weeks ago·3 documents
HMRC has launched the new free Trader Support Service for GB-NI goods movements: from 20 October 2026 all new movements go through it, with EORI-based registration and automatic migration for existing users.
Industry: Across industries
Tax Courts & Tribunal Decisions·Case Law·3 weeks ago
The Upper Tribunal refused a security firm permission to appeal its agency-legislation assessment on all pleaded grounds but granted it on one new point: whether s.44 covers contractors bearing material costs.
Industry: Across industries
Excise & Environmental Taxes·GOV.UK·3 weeks ago·9 documents
Unused stamps need prior HMRC agreement with method, time and place notified; damaged stamps must be destroyed within a month; duty-suspended product destructions follow Excise Notice 197.
Industry: Retail trade, except of motor vehicles and motorcycles
Capital Gains Tax·GOV.UK·3 weeks ago
CG67030 now points advisers to form HS295 and CG66889 time limits for section 260 hold-over claims, and to disposal-date market value for the calculation.
Personal & Owner Taxation·GOV.UK·4 weeks ago
Low earners in net pay pension schemes who missed tax relief get an automatic annual top-up from the 2024-25 tax year under section 193A Finance Act 2004 — no claim needed, HMRC makes contact.
International Tax / Double Tax Treaties·Isle of Man Government·4 weeks ago
Exchange-of-information requests under the France–Isle of Man TIEA track the former wealth tax only up to 31 December 2017; for periods from 1 January 2018 they track the wealth tax on real estate.
Personal & Owner Taxation·Revenue Jersey·4 weeks ago·2 documents
Revenue Jersey has reopened active election of PYB 2019 payment options — lump sum by 30 October 2026, pay on retirement, or a 17-year plan to 2043 — via a new online service or paper form.
Personal & Owner Taxation·Revenue Jersey·4 weeks ago
Revenue Jersey's guidance invites eligible couples to elect for joint filing by 31 October 2026, but the statute requires receipt by 30 September in the year of assessment — treat the earlier date as operative.
Customs & Trade·GOV.UK·4 weeks ago
HMRC lifts the online-service upper thresholds for cider and both sparkling-cider bands from 20 to 110 litres, and drops the separate sparkling-wine row.
Tax Filing, Registration & Penalties·GOV.UK·4 weeks ago
New HMRC manual section says trustee tax work for the trust is not a separate advisory service — but external advisers to the trust still face registration.
Industry: Accounting, bookkeeping and auditing activities; tax consultancy
Tax Filing, Registration & Penalties·GOV.UK·4 weeks ago·2 documents
A wrong reference may see payment applied to another tax bill you owe; both guides now name the HMRC enquiries team to ask for it to be moved.
Industry: Financial and insurance activities
Excise & Environmental Taxes·GOV.UK·4 weeks ago
Customs warehousekeepers and UK representatives can use the service to tell HMRC about changes to an existing Vaping Duty Stamps approval.
Industry: Warehousing and storage