HMRC Launches Automatic Tax Adviser Registration Starting May 2026 Monday, May 18, 2026 hmrc tax registration advisers mmtar govuk compliance lawsociety taxadvice policy HMRC is rolling out a significant update on Monday, May 18, 2026, introducing a new digital registration system for tax advisers. This initiative is designed to help organisations determine whether they need to register under … Read More
HMRC inheritance tax gifting allowance slashed by 78% in real terms Sunday, May 17, 2026 inheritance tax gifting allowance inflation hmrc estate families law compliance The annual £3,000 allowance enabling individuals to gift money free of inheritance tax has effectively plummeted in value by 78% since its introduction in 1981, a private wealth law firm has warned. TWM Solicitors, a … Read More
HMRC Announces New Road Fuel Scale Charges for 2026-2027 Sunday, May 17, 2026 hmrc vat fuel tax co2 emissions charges 2026 vehicle fleet HM Revenue & Customs (HMRC) has unveiled the updated road fuel scale charges that will apply from May 1, 2026, through April 30, 2027. These charges are intended to capture VAT on fuel purchased by businesses but used for … Read More
HMRC Set to Tax Over Two Million UK Households, Average Bill Hits £2,300 Friday, May 15, 2026 hmrc tax savings interest allowance personalallowance personalsavingsallowance taxbands ukfinance income HM Revenue & Customs (HMRC) is poised to charge over two million UK households an average of £2,300 in tax on their savings, according to recent data. A Freedom of Information request has revealed that the number of … Read More
HMRC Launches 10-Year, £175 Million AI Initiative to Combat Tax Fraud and Errors Friday, May 15, 2026 hmrc quantexa ai taxfraud dataintegration digitaltransformation publicsector frauddetection taxcompliance artificialintelligence HM Revenue and Customs (HMRC) has embarked on an ambitious 10-year journey to enhance its operations by signing a £175 million deal with UK-based technology company Quantexa. This landmark agreement seeks to harness … Read More
1.7 Million State Pensioners Potentially Overcharged by HMRC Due to Calculation Error Thursday, May 14, 2026 pension hmrc taxation statepension selfassessment refunds dwp retirees taxreturns overcharge Over 1.7 million state pensioners in the UK may have been overcharged on their taxes due to a significant mistake by HM Revenue and Customs (HMRC). Typically, retirees whose income comes solely from the State Pension, … Read More