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Tax And Revenue


121,500 households benefit from stamp duty cut saving £284 million

121,500 households benefit from stamp duty cut saving £284 million

Over the next five years, it is estimated that the government’s flagship housing policy will help over 1 million people getting onto the housing ladder.

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Government launches new, global leading counter fraud and economic crime profession

Government launches new, global leading counter fraud and economic crime profession

Announcement of the launch of the Government Counter Fraud Profession (GCFP).

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HMRC publishes more information on Making Tax Digital

HMRC publishes more information on Making Tax Digital

More information on Making Tax Digital is now available to help businesses and agents understand what they need to do before the deadline.

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UK ratifies global treaty to tackle illegal tobacco trade

UK ratifies global treaty to tackle illegal tobacco trade

The international agreement aims to significantly reduce the illicit tobacco market both in the UK and worldwide.

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HMRC’s top lawyer to leave department for new role at Oxford University

HMRC’s top lawyer to leave department for new role at Oxford University

Gill Aitken, HMRC’s General Counsel and Solicitor, is to leave the department to take up a new role as Registrar at the University of Oxford.

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Government to consult on tax avoidance in the private sector

Government to consult on tax avoidance in the private sector

Consultation looks at improving the rules around 'off-payroll' working so contractors who work through their own company pay the right tax.

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Cash boost for families as tax cuts come into effect today

Cash boost for families as tax cuts come into effect today

The new tax year brings changes to income tax and the National Living Wage that help people earn more and keep more of what they earn.

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Employers need to provide details for all Benefits in Kind

Employers need to provide details for all Benefits in Kind

New rules for Optional Remuneration Arrangements take effect today.

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New rules for taxation of termination payments

New rules for taxation of termination payments

Rules introduced to prevent manipulation of the system take effect today.

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April tax changes 2018: what do they mean for you?

April tax changes 2018: what do they mean for you?

Changes in the tax system in April will boost the finances of millions of people in the UK. Here’s a summary of how you might benefit.

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Soft Drinks Industry Levy comes into effect

Soft Drinks Industry Levy comes into effect

The 'Sugar Tax' will help to reduce sugar in soft drinks and tackle childhood obesity.

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Scheme opens to help combat VAT evasion by non EU online traders

Scheme opens to help combat VAT evasion by non EU online traders

The Fulfilment House Due Diligence Scheme ensures that fulfilment houses play their part in reducing abuse of VAT rules by online traders based outside the EU.

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Vacancies in the Office of Tax Simplification

Vacancies in the Office of Tax Simplification

The Office of Tax Simplification is looking for people to join its team.

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New clampdown on tax avoidance and evasion will help to bring in £1.2 billion

New clampdown on tax avoidance and evasion will help to bring in £1.2 billion

The measures are included in the Finance Act 2018 which received Royal Assent today (15 March 2018).

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Statement on infraction proceedings on VAT treatment of certain commodity derivatives trading

Statement on infraction proceedings on VAT treatment of certain commodity derivatives trading

A statement from HM Treasury regarding the European Commission’s notification of infraction proceedings on the UK’s VAT treatment of certain commodity derivatives trading.

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Tax break to help Black cabs go green

Tax break to help Black cabs go green

£1,550 tax exemption for electric taxis comes into force this April.

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Pay for Easter childcare with Tax Free Childcare

Pay for Easter childcare with Tax Free Childcare

Working parents can save thousands of pounds on regulated holiday clubs and other childcare as part of the government's Childcare Choices offer.

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Pay for Easter childcare with Tax Free Childcare

Pay for Easter childcare with Tax Free Childcare

Working parents can save thousands of pounds on regulated holiday clubs and other childcare as part of the government's Childcare Choices offer.

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HMRC services during the cold weather

HMRC services during the cold weather

How this week's extreme weather is affecting some of our services.

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VOA Accounts Payable moves to HMRC Financial Shared Services

VOA Accounts Payable moves to HMRC Financial Shared Services

From 1 March 2018 the VOA Accounts Payable function will transfer to HMRC Financial Shared Services.

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Getting ready for the Customs Declaration Service

Getting ready for the Customs Declaration Service

Businesses that import or export goods outside the EU will need to prepare for the new service for declaring these.

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UK and Welsh Governments confirm next steps in Welsh tax devolution

UK and Welsh Governments confirm next steps in Welsh tax devolution

The first Welsh taxes for almost 800 years are ready to be switched on, the UK and Welsh governments today (Friday January 26) confirmed.

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Practical support for businesses affected by Carillion liquidation

Practical support for businesses affected by Carillion liquidation

HMRC outlines support for affected businesses

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Tax is changing in Wales

Tax is changing in Wales

The Welsh Government and the National Assembly for Wales will become responsible for some of the taxes paid in Wales in April 2018.

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New tax consultation timetable published today

New tax consultation timetable published today

The updated guidance sets out how the consultation process will work when there is just one fiscal event each year – an Autumn Budget.

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X Factor charity song 2017: Chancellor to donate VAT to children’s charities

X Factor charity song 2017: Chancellor to donate VAT to children’s charities

The Chancellor announced today that VAT collected on sales for the X Factor winner’s charity song will be donated to children’s charities.

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Finance Bill 2017 18 legislates for Autumn Budget tax changes

Finance Bill 2017 18 legislates for Autumn Budget tax changes

The Finance Bill takes steps to help young people with the cost of living, crack down on tax avoidance and evasion, and protect the environment.

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Taxation (Cross border Trade) Bill introduced in Parliament

Taxation (Cross border Trade) Bill introduced in Parliament

The Bill will lay the foundations for the UK’s standalone customs regime.

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Trusts Registration Service registration deadline for new trusts extended

Trusts Registration Service registration deadline for new trusts extended

The deadline for new trusts to register is now 5 January 2018.

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OTS's first review of VAT triggers debate

OTS's first review of VAT triggers debate

The Office of Tax Simplification (OTS) report, published today, offers a range of proposals for simplifying the tax.

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Bank of England increases interest rate to 0.5%

Bank of England increases interest rate to 0.5%

HMRC interest rates for late payments will be revised following Bank of England interest rate rise

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Unpaid tax at record low

Unpaid tax at record low

'Tax gap' fell to 6% in 2015 to 2016 as government cracks down on avoidance, evasion and non-compliance.

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HMRC to recruit a Second Permanent Secretary

HMRC to recruit a Second Permanent Secretary

Decision made following the announcement of Edward Troup’s retirement at the end of 2017

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Crackdown on illegal waste sites

Crackdown on illegal waste sites

The government is cracking down on illegal waste sites, making rogue operators liable for landfill tax.

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Office of Tax Simplification: Vacancies

Office of Tax Simplification: Vacancies

The Office of Tax Simplification is looking for people to join its team

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Finance Bill legislates for remaining tax changes

Finance Bill legislates for remaining tax changes

'A fair tax system is a key part of our plan to build a fairer society', says Mel Stride, Financial Secretary.

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HMRC confirms country by country reporting format for multinationals

HMRC confirms country by country reporting format for multinationals

New guidance sets out process for multinationals in line with OECD requirements.

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New Director Generals to head HMRC’s Customer Services and Customer Compliance Groups

New Director Generals to head HMRC’s Customer Services and Customer Compliance Groups

Two new Director Generals have been appointed to lead the Customer Services and Customer Compliance Groups, following the departures of Ruth Owen and Jennie Granger in June

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New Chief Executive appointed to lead Valuation Office Agency

New Chief Executive appointed to lead Valuation Office Agency

Melissa Tatton has been appointed on promotion to head up the Valuation Office Agency.

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Creative sector receives record boost of £700 million pounds

Creative sector receives record boost of £700 million pounds

From TV Series "The Crown" to independent theatre productions and video games, the 2016-17 tax relief supported work across the UK's creative industries.

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Next steps on the Finance Bill and Making Tax Digital

Next steps on the Finance Bill and Making Tax Digital

Ministers confirm a new timetable for Making Tax Digital.

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Automatic Exchange of Information (AEOI) deadline fast approaching for Financial Institutions

Automatic Exchange of Information (AEOI) deadline fast approaching for Financial Institutions

The deadline for submitting Automatic Exchange of Information (AEOI) returns for the year ended 31 December 2016 is 31 May 2017.

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Videos and webinars about tax credits

Videos and webinars about tax credits

Get help and support from HM Revenue and Customs (HMRC) with your tax credits.

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HMRC launches a new way to report income and expenses online

HMRC launches a new way to report income and expenses online

HMRC is making it easier for customers to get their tax right.

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Spring pay bump for Britain’s workers as tax changes come into effect

Spring pay bump for Britain’s workers as tax changes come into effect

Millions of workers will benefit from increases to the Personal Allowance and Higher Rate Threshold on 6 April.

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