Tax

Gilruth faces £728m budget squeeze as Scottish tax growth lags behind England The Scottish Herald17:44
Liquidators appointed to five Greg Kavanagh companies over €2.2m tax debt The Currency11:49
Burnham high street tax plan ‘could cost £880m a year’ Retail Gazette08:09
Budget 2027 - What we know about Child Benefit, income tax changes and more Cork Beo13:04
Will Brits purchase from a brand even if they do not pay their taxes? YouGov14:07
HMRC’s let property campaign nears £550m AccountingWeb14:42
Executors warned over pensions IHT ‘administrative time-bomb’ Pensions Age11:35

Latest News

In the last half-hour

A taxing week: Why delegating document work to LLMs is riskier than you think International Tax Review09:16

In the last 2 hours

Why is the government going to tax your Isa? Which?07:49

In the last 4 hours

‘I speak with millionaires on a daily basis, and they tell me that they want a wealth tax’ Big Issue06:13

Why US multinationals keep choosing Ireland. It’s not just the tax or workforce The Irish Times06:08

Rent controls would hurt fewer landlords than tax hikes, report claims Property Industry Eye05:59

In the last 6 hours

Finance by design: Part 4 – The €102bn losses still shaping the finance sector’s tax bills The Currency05:11

In the last 8 hours

Japan triples its 'Sayonara' tourist tax as Australians face higher costs leaving the country MailOnline03:25

Earlier today

UK to miss out on £600m in tax a year after allowing US exemption The Independent00:21

HMRC warns about tax deadline this month Landlord Today00:12

HMRC must better tackle large tax risk of multinationals diverting profits across borders The United Kingdom Parliament00:08

UK to miss out on £600m in tax due to US exemption, says HMRC Evening Standard00:05

The Trump Accounts’ false promise UnHerd00:04

Yesterday

How Australia’s new negative gearing rules might accidentally favour some property investors The Conversation (UK)21:40 9-Jul-26

Why wealthy Seattle enclave where average home costs $4.3m is going bankrupt... and the… MailOnline20:27 9-Jul-26

Gilruth faces £728m budget squeeze as Scottish tax growth lags behind England The Scottish Herald17:44 9-Jul-26

Watch: Gary Stevenson’s wealth-tax dream gets a reality check The Spectator17:32 9-Jul-26

The case against IR35 Adam Smith Institute (Weblog)16:09 9-Jul-26

Transformation of Fastmarkets’ three Brazilian soyoil domestic prices into forward curves with launch of month-two… Fast Markets15:55 9-Jul-26

31 July deadline approaches for payments on account Institute of Chartered Accountants14:52 9-Jul-26

PM-in-waiting Burnham unlikely to deviate from tax agent registration: experts International Tax Review14:43 9-Jul-26

MP's warning that tourist tax plans could severely hit coastal economy Blackpool Gazette14:40 9-Jul-26

Will Brits purchase from a brand even if they do not pay their taxes? YouGov14:07 9-Jul-26

New Athlone tax relief scheme "aims to reduce dereliction" in town centre The Westmeath Independent13:24 9-Jul-26

Advisers ramping up usage of onshore investment bonds, Chesnara Life research shows International Adviser13:07 9-Jul-26

Global academics say Ireland unfit to chair EU tax and digital rights talks Sunday Business Post13:04 9-Jul-26

My view on … modern monetary theory Funding the Future (Weblog)12:58 9-Jul-26

‘Scramble’ to meet new packaging tax deadline The Grocer12:38 9-Jul-26

Collins claims P&R has mishandled public engagement The Guernsey Press & Star12:33 9-Jul-26

German spirits body challenges tax hike plan The Spirits Business12:26 9-Jul-26

How to cancel your VAT registration if you’re self-employed Bytestart12:25 9-Jul-26

SME Tax Update 9 July 2026 rossmartin.co.uk (Weblog)11:55 9-Jul-26

Ruling on whether Austrian VAT exemption for banking, insurance and pension sectors constitutes state aid (ECJ) Thomson Reuters - Practical Law11:45 9-Jul-26

The new crypto tax rules investors need to prepare for now MoneyWeek11:37 9-Jul-26

Lawyer nicked £1.2m from clients to pay his taxes Court News UK11:25 9-Jul-26

Trade bodies hit out at Germany’s alcohol tax plans just-drinks.com11:16 9-Jul-26

‘VAT’s The Problem’ Shop Launches For Delivery, As Campaign Secures More Than 250,000 Supporters The Caterer, Licensee & Hotelier News Group10:17 9-Jul-26

Wealth Tax Campaigner Gary Stevenson: I’m Quitting Guido Fawkes10:14 9-Jul-26

Brazil measure to increase police funding from betting tax revenue advances InterGame Online10:08 9-Jul-26

New inquiry: How can the tax system best support hospitality and tourism sectors in Northern Ireland? The United Kingdom Parliament09:52 9-Jul-26

ITR Europe Tax Awards 2026: shortlist announced International Tax Review09:34 9-Jul-26

Retailers denounce slow fix for UK’s imports loophole Investors Chronicle09:08 9-Jul-26

Collins claims P&R has mishandled public engagement – leading to ‘death by amendment’ The Guernsey Press & Star08:08 9-Jul-26

Guernsey anti-GST protest gains momentum Island FM07:54 9-Jul-26

London first-time buyers eight times more likely to pay stamp duty than those in the North East Mortgage Introducer07:35 9-Jul-26

Inherited property could face £120,000 capital gains tax hit under proposed reforms Property Industry Eye07:14 9-Jul-26

Student loans are now a stealth tax on work CapX07:08 9-Jul-26

Government should not chair EU debates on tech policy, academics say The Irish Times07:07 9-Jul-26

Warning for taxpayers yet to register for MTD Scottish Financial News07:04 9-Jul-26

Tax warning for millions of Australians rushing to lodge returns - as expert reveals the costly … MailOnline06:43 9-Jul-26

Bank of Dave: Inheritance tax should be fixed so everyone pays their fair share The i Paper06:32 9-Jul-26

Why Britain’s next prime minister must tax billionaire wealth now. Democracy is on the line Big Issue06:29 9-Jul-26

Legal and tax “strangleholds” drive out residential investors The Negotiator Magazine05:59 9-Jul-26

Finance by design: Part 3 – The tax equation behind Ireland’s aviation-leasing industry The Currency05:48 9-Jul-26

MP meets farmers to discuss rural crime, flooding and inheritance tax The Argus, Sussex05:12 9-Jul-26

'It’s about having a life again' - York hospitality businesses call for VAT changes Ryedale Gazette & Herald, Yorkshire05:07 9-Jul-26

‘One-two punch’ – Families face huge capital gains death tax under Burnham City AM04:52 9-Jul-26

Ato puts Australians on notice over commonly abused tax deduction: 'We're watching more closely … MailOnline04:31 9-Jul-26

In the last 7 days

TDs lobby for budget tax package and increase on Help-to-Buy ceiling The Irish Times22:35 8-Jul-26

More than half a million fail to sign up to MTD Daily Business20:33 8-Jul-26

SNP MSP calls for North Sea windfall tax to be axed Morning Star18:29 8-Jul-26

SNP call for North Sea windfall tax to be axed Morning Star18:19 8-Jul-26

Tax Data Signals Shift In UK Startup Investment MinuteHack17:37 8-Jul-26

From car tax to cancelled roads, the UK's motoring policies are a mess AutoExpress17:35 8-Jul-26

Revenue seeks clarity on Local Property Tax for modular and garden homes BreakingNews.ie17:25 8-Jul-26

The housing crisis has turned young people into peasants New Statesman17:05 8-Jul-26

VAT capital goods scheme: regulations remove computers from scope and raise threshold for land to £600,000 Thomson Reuters - Practical Law17:02 8-Jul-26

Edinburgh family locked out of death benefits in Capita pensions row Edinburgh Evening News16:56 8-Jul-26

90 minutes, 27 questions... P&R takes tax debate to Facebook again The Guernsey Press & Star16:12 8-Jul-26

David Lloyd VAT claim runs out of breath AccountingWeb15:53 8-Jul-26

IHT on pensions: Why the compliance challenge is bigger than the tax change IFAOnline15:28 8-Jul-26

UK could lose two million workers if taxes keep rising, Obr warns The Independent15:28 8-Jul-26

Revenue needed 'clear position' on modular homes for LPT RTE14:28 8-Jul-26

“UK High Streets won’t survive to see another parliament” Direct Commerce Magazine14:21 8-Jul-26

India Reaffirms Crypto Ban Stance as Tax Officials Flag Compliance Gaps 36crypto13:57 8-Jul-26

Families could face £120,000 tax bill when inheriting homes Mortgage Finance Gazette13:54 8-Jul-26

Consultation on tackling lower value tax debts rossmartin.co.uk (Weblog)13:52 8-Jul-26

Florida’s proposed property tax cuts rely on a population boom that has slowed dramatically The Conversation (UK)13:48 8-Jul-26

Rich families are gifting more generously and earlier in life to avoid inheritance tax on pensions This is Money13:18 8-Jul-26

Andy Burnham urged to back changes to windfall tax and voting laws Manchester Evening News13:06 8-Jul-26

‘Not below this figure’ – Tottenham want €30m for transfer, player asking for €10m after tax Sport Witness12:49 8-Jul-26

Families could face £120,000 CGT bill on inherited homes Mortgage Strategy12:32 8-Jul-26

German soft drinks industry criticises plans to accelerate sugar tax implementation FoodBev Media12:11 8-Jul-26

Rich countries face ageing populations Adam Smith Institute (Weblog)12:10 8-Jul-26

HMRC letters sent to overtaxed 1.4 million pensioners after mistake The Mirror11:47 8-Jul-26

Help to Save Reform consultation response rossmartin.co.uk (Weblog)11:30 8-Jul-26

India Renews Crypto Ban Push as Central Bank Seeks Banking Restrictions DeFi Planet11:23 8-Jul-26

Green council plans to force people to cycle to work by charging employers who provide free… MailOnline11:13 8-Jul-26

Andy Burnham urged to end 'punitive' windfall tax if he enters No 10 Aberdeen Live11:01 8-Jul-26

AI's 'Verification Tax' is real as Sage and IDC warn that Finance leaders are having to adapt to meet a fresh challenge Diginomica10:55 8-Jul-26

Burnham urged to end windfall tax if he enters No 10 Evening Standard10:39 8-Jul-26

Early pension planning ‘key’ to managing IHT change Pensions Age10:29 8-Jul-26

Millionaire trader-turned-campaigner Gary Stevenson's wealth tax plan is 'absolute populist… MailOnline10:12 8-Jul-26

Almost a quarter of landlords ready to quit the rental market over Making Tax Digital burden Building Design & Construction Magazine10:07 8-Jul-26

New tax requirements for companies and directors Institute of Chartered Accountants10:01 8-Jul-26

Sysco GB writes letter to Government supporting VAT reduction campaign Craft Guild of Chefs09:03 8-Jul-26

CCAB weighs in on ethical AI use rossmartin.co.uk (Weblog)08:58 8-Jul-26

Multiple amendments to Guernsey's tax reform package Island FM08:50 8-Jul-26

Vistry expects £30m pre tax loss in first half The Construction Index08:32 8-Jul-26

Leicestershire haulage firm collapses owing taxman more than £1.1 million Leicestershire Live08:31 8-Jul-26

Retailers warn Burnham’s warehouse tax could hit supermarkets and department stores Retail Gazette08:09 8-Jul-26

Three-year public spending freeze is put forward by Sloan The Guernsey Press & Star08:04 8-Jul-26

Extra tax allowances proposed for families with children The Guernsey Press & Star08:04 8-Jul-26

Driver caught with no licence, insurance or tax gets vehicle uplifted The Whitehaven News, Cumbria07:43 8-Jul-26

Nearly 600,000 people yet to register to Making Tax Digital for Income Tax Bournemouth Daily Echo07:26 8-Jul-26

How HMRC could give Scots AI sector a valuable boost The Scotsman07:05 8-Jul-26

Cutting out the middleman Emerging Europe06:47 8-Jul-26

More than 20 tax reform alternatives up for debate The Guernsey Press & Star06:42 8-Jul-26

Gary Stevenson’s absolutely right, we have done this before Adam Smith Institute (Weblog)06:34 8-Jul-26

P&R nearing a majority on tax proposals BBC06:29 8-Jul-26

Family attractions face tough choices over summer savings BBC06:25 8-Jul-26

East Anglian accountancy firm appoints new partner at city office Norwich Evening News06:15 8-Jul-26

Taxes will rise under Burnham, voters predict City AM06:02 8-Jul-26

Why VAT cut for Yorkshire's family visitor attractions matters Yorkshire Post05:46 8-Jul-26

Finance by design: Part 2 – €1.1tn, 2,228 companies and one corporate structure The Currency05:43 8-Jul-26

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10 Jul 09:16

About our Tax news

Latest news on tax, providing comprehensive coverage of UK tax rates, HMRC updates, self-assessment deadlines, VAT changes, and personal and business taxation news.

The UK tax system encompasses various levies including Income Tax, National Insurance Contributions (NICs), Value Added Tax (VAT), Corporation Tax, and Council Tax. HM Revenue and Customs (HMRC) oversees the collection of most taxes, managing over £600 billion in tax revenue annually from millions of individuals and businesses.

Current developments in UK taxation include changes to tax thresholds, with the personal allowance frozen at £12,570 until 2028. Corporation tax rates have increased to 25% for companies with profits over £250,000, while VAT remains at 20%. HMRC continues to modernise its systems through the Making Tax Digital initiative, requiring businesses to maintain digital records and submit returns electronically.

Tax policy significantly impacts communities across the UK, from small business owners managing their quarterly VAT returns to employees checking their PAYE codes. Local authorities rely on Council Tax to fund essential services, while changes to business rates affect high street shops and commercial properties. The annual self-assessment deadline on 31 January remains a crucial date for millions of taxpayers.

Britain's tax system has evolved considerably since the introduction of Income Tax as a temporary measure to fund the Napoleonic Wars in 1799. Notable reforms include the introduction of VAT in 1973, replacing the former Purchase Tax, and the implementation of self-assessment in the 1990s. The digital revolution has transformed tax administration, with online filing becoming increasingly prevalent.

Our NewsNow feed aggregates the latest tax news from authoritative sources including HMRC press releases, financial newspapers, and respected tax professionals. Whether you're a business owner, accountant, or individual taxpayer, staying informed about tax changes is crucial for financial planning and compliance. Follow our feed for comprehensive coverage of UK taxation news, updates, and expert analysis.

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