United Kingdom

On 30 October 2026, HM Revenue & Customs (HMRC) published revised tax guidance for charities operating in the United Kingdom. The update consolidates recent legislative amendments, including changes introduced by the Finance Act 2026, and provides clarified instructions on Gift Aid eligibility, trading income thresholds, and VAT reliefs for charitable activities. The guidance aims to

On 30 October 2026, HMRC issued a detailed policy paper outlining its approach to legal professional privilege (LPP) in the context of tax avoidance investigations. The document responds to recent tribunal decisions, notably the Bilta v RBS line of authority, and sets out the circumstances under which HMRC will challenge claims of privilege over communications

The Irish Government published the Finance Bill 2026 on 30 October 2026, introducing primary legislation to implement the OECD Pillar Two Global Anti-Base Erosion (GloBE) rules into Irish law, effective for fiscal years beginning on or after 31 December 2026. The Bill also proposes significant modifications to interest deduction limitations under Section 247 TCA 1997,

On 30 October 2026, the European Commission published detailed technical guidance for the reporting of embedded emissions under the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase (1 October 2023 – 31 December 2025). The guidance, issued as Commission Implementing Regulation (EU) 2026/XX, specifies calculation methodologies for direct and indirect emissions for CBAM goods

HMRC released updated guidance on 30 October 2026 regarding the filing of Employment Related Securities (ERS) annual returns for schemes that have been closed or wound up. The guidance addresses common confusion among employers and scheme administrators about whether a final return is required after a scheme ceases to operate, and the treatment of outstanding

On 30 October 2026, the Chartered Institute of Taxation (CIOT) and its Low Incomes Tax Reform Group (LITRG) responded to the UK government’s decision not to mandate payment of Self Assessment tax liabilities through PAYE. While welcoming the avoidance of mandatory PAYE collection, the institutes highlighted that earlier and more frequent payment schedules under the

On 30 October 2026, HMRC released Edition 8 of the Making Tax Digital (MTD) for Income Tax software developer newsletter. This correspondence provides critical updates for software developers building solutions compatible with HMRC’s MTD APIs. The newsletter covers recent API changes, upcoming mandates, and technical guidance for the 2026-27 tax year. MTD for Income Tax

On 30 October 2026, HMRC published National Statistics on monthly property transactions completed in the UK with a value of £40,000 or above for September 2026. These statistics are a key indicator for the residential and non-residential property markets and directly inform Stamp Duty Land Tax (SDLT) revenue forecasting. The data captures transactions subject to

On 30 October 2026, the UK government published a policy paper outlining the prohibition of the promotion of certain tax avoidance arrangements. This measure, stemming from the Finance Act 2026, targets promoters who design, market, or facilitate tax avoidance schemes that HMRC has successfully challenged. The policy introduces a new regime where HMRC can issue

On 30 October 2026, ICAEW released a special episode of the Beyond Finance podcast dissecting the Autumn Budget 2026 delivered by Chancellor Rachel Reeves. The episode provides a comprehensive breakdown of the major tax and spending announcements, the economic context provided by the Office for Budget Responsibility, and the immediate implications for businesses, employers, and