News

HMRC confirms big change to income tax system starts next April

The significant change will require these people to keep digital records and report their income to HM Revenue and Customs ...

Thousands of UK workers told income tax to change from next April - see if you're affected

The UK's tax, payments and custom authority has already urged landlords and sole traders to sign up to a testing programme and start preparing for the change now.

Warning state pensioners may have to pay tax even if they have no other income

The triple lock system remains in place for the foreseeable future, having been enshrined in a Labour manifesto pledge ...
JD Supra1d

HMRC Publishes Draft Legislation for New UK Carried Interest Tax Regime

On July 21, 2025, HM Revenue and Customs (HMRC) published the long-awaited draft legislation (Draft Legislation) for the new UK carried interest ...

Fact Check: UK’s tax office will not monitor Britons frequently travelling abroad

Britons travelling abroad more than three times a year will not be referred to the UK’s tax office for monitoring, contrary ...

HMRC begins issuing tax letters to UK households who must 'check post'

HM Revenue and Customs has begun issuing P800 letters to around four million UK households who have overpaid income tax.

Update on calls for UK Government to exempt pensioners from income tax

Calls have been made to exempt State Pensioners from paying income tax. More than 14,000 have urged the UK Government to ...

UK’s tax on the superrich sparks wealthy exodus and fiscal uncertainty

The UK’s move to tax the superrich faces challenges as many wealthy expatriates leave, raising concerns over potential revenue loss and fiscal risks.