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Pension death benefit tax rules relaxed
The two-year time limit for paying tax-free pension death benefits is being removed. This means lump sum death benefits will no longer become taxable simply because they are paid more than two years
Lifetime ISA withdrawal charges reduced
The withdrawal charge for Lifetime ISA (LISA) savings used by first-time buyers to purchase a property costing more than the £450,000 property price cap was reduced from 25% to 20% with effect from 29
Child Benefit overpayment tax rules clarified
A new measure introduced as part of the recent Budget will allow High Income Child Benefit Charge (HICBC) payments to be offset against Child Benefit overpayments relating to the same period. This
New obligations to correct tax errors
New obligations requiring taxpayers to correct inaccuracies in tax returns and other documents submitted to HMRC are expected to take effect from 1 April 2028. The measures, announced in the Autumn
Mandatory payrolling of benefits from 2027
The mandatory payrolling of benefits in kind (BiKs) will be introduced in phases from 6 April 2027. This measure was originally due to start from 6 April 2026 but was delayed by a year to give
HMRC proposes new landlord reporting rules
HMRC has published a new consultation on proposals to change how property income information is reported to it by letting agents and tenancy deposit scheme providers. The aim is to improve the
Discount for business cyber protection
Smaller businesses considering improvements to their cyber security may benefit from a new Government-backed discount intended to make recognised security certification more affordable.
Announced on
Britain’s changing small business population
The latest Government statistics reveal an interesting change in the make-up of Britain’s business community, with fewer businesses operating overall but an increase in the number employing
VAT changes for online marketplaces
From October 2027, online marketplaces will become responsible for collecting and accounting for VAT on certain sales made by UK businesses through their platforms.
The changes extend existing rules,
Employee Share Scheme rules relaxed
The Employee Share Scheme rules have been relaxed to help businesses attract, incentivise and reward employees. The changes, which take effect from 6 April 2027, will increase the value of share
Property disposal penalties are changing
The government is changing the rules on late filing penalties for individuals who fail to report a disposal of UK residential property within the statutory deadline but subsequently report it on their
Business rates relief for high streets
As announced at the Autumn Budget 2026, the government is introducing a package of business rates measures to support high street businesses in England from 1 April 2027. The measures aim to reduce
