Hmrc

Tuesday, May 19, 2026 hmrc pension tax statepension cliffedge budget retirement taxexemption triplelock finance

HM Revenue & Customs (HMRC) has confirmed the existence of a £1 “cliff edge” rule that risks leaving some state pensioners exposed to significant tax bills. This development raises concerns about potential … Read More

Tuesday, May 19, 2026 imf reeves pensions triplelock fiscalpolicy publicdebt taxation ukeconomy statepension hmrc

The International Monetary Fund (IMF) has advised Labour Party Chancellor Rachel Reeves to abandon the current triple lock pension policy and formulate contingency tax plans aimed at reducing public debt relative to GDP. The … Read More

Tuesday, May 19, 2026 hmrc childbenefit ukparents backpayments tax familysupport digitalclaim finance birth income

HM Revenue and Customs (HMRC) is calling on UK parents to claim the Child Benefit they may be owed, as new data reveals that more than 30% of new parents are missing out on payments by not applying within their baby’s … Read More

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

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

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