From Sept 2025, HMRC splits electric car fuel rates: 8p per mile for home charging, 12p for public charging. New rules start 1 Oct.
HMRC targets errors in corporation tax marginal relief: associated company rules under review, with 30 days to respond to letters.
HMRC tightens pension relief claims: stricter checks, online-only process, and mandatory proof required from 1 September.
The UK government has launched fresh reviews of the State Pension Age, balancing life expectancy trends with financial pressures.
Speculation grows over the 2025 Autumn Budget, with freezes, pension relief cuts or even a wealth tax possible as the Treasury seeks revenue.
From Jan 2026, crypto investors face new HMRC reporting rules on buying, selling or exchanging assets, with fines for non-compliance.
Government plans will see unused pensions fall under IHT from 2027, SPA reviewed, and 40% of adults still not saving enough for retirement.
Company cars are making a comeback, driven by tax perks for low-emission vehicles – electric models now make up 41% of all recipients.
HMRC drops MTD for corporation tax, focusing on new 2025/26 digital services, expanded self-employed tools & biometric ID rollout.
Law Commission proposes modernising the 1837 Wills Act with e-wills, 16+ age limit, and marriage law changes for England & Wales.
Amid rising NICs and wage costs, UK firms freeze pay, slash jobs and eye overseas moves to escape a worsening tax landscape.
HMRC tax gap hits £46.8bn in 2023/24, with small businesses and crypto at the core of rising unpaid taxes and compliance concerns.
