With the introduction of Making Tax Digital (MTD) for Income Tax (IT) less than six months away, HMRC have begun writing to taxpayers who will be mandated into the regime from 6 April 2026.
SME Tax News
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VAT on biscuits, reasonable excuses for late filing and the agency rules are among this week’s hot topics. We have also published another new guide, for subscribers, this time examining the Capital Gains Tax (CGT) and Income Tax consequences of land leases.
Westminster City Council has publicly criticised "unscrupulous traders" for trying to claim business rates tax exemption for running snail farms in commercial premises. This is a year after we reported that Liverpool Council had rejected a claim for agricultural business rates relief for an empty office building that was being used as a 'snail farm'.
In Tyler Security Limited v HMRC [2025] TC09663, the First Tier Tribunal (FTT) found that the agency rules applied to dog handlers being supplied through a third-party.
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In a slightly quieter news week in the tax world, we look at HMRC’s October Agent Update, the Autumn Budget representations made by some of the professional bodies, and where the UK ranks in terms of international tax competitiveness.
The International Tax Competitiveness Index 2025, compiled by the Tax Foundation, finds that Estonia has the best tax system in the OECD for the twelfth consecutive year. The United Kingdom languishes at 32 out of 38 nations, with only France and Italy of the G7 states ranking lower.
In September, HM Treasury invited representations from stakeholders ahead of the 2025 Autumn Budget. We take a look at the representations made by some of the professional bodies.
HMRC have published their Agent Update for October 2025. We have summarised the key content with links to our detailed guidance on the topics covered, including the introduction of a new student loan plan type, adjustments for calculating Capital Gains Tax (CGT) for the 2024-25 tax year, and updates to various areas of HMRC guidance.
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There are several important updates for employers this week, as HMRC publish their latest Employer Bulletin. In other tax news, we have updates on the Scottish and Welsh Budgets, and three new tax cases, including two Court of Appeal (CoA) decisions.
HMRC have published their Employer Bulletin for October 2025. We have summarised the key content for you, which links to our detailed guidance on the topics covered.
