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Weekly News
We will update tax news weekly, bringing you the latest tax and accounting insights from the UK and around the world.
New MTD Digital Tax Exemption Rules Announced! Winter Fuel Payments to Be Taxed; UK economy showed surprise 0.5% growth
2.2 million retirees to pay tax on Winter Fuel Payments; HMRC clarifies MTD for Income Tax exemption criteria and timeline; UK economy grows by a stronger-than-expected 0.5%
TBA
4 days ago6 min read
UK visa fees surge sharply! Renting may become increasingly difficult from May? New EU Entry/Exit System launches
UK visa fees have risen significantly; the EU’s new Entry/Exit System launches on April 10; the Renters’ Rights Bill comes into effect in May, and renting may become increasingly difficult.
TBA
Apr 135 min read
UK’s “Awful April”: Household Bills Rise by Over £200 on Average! Minimum Wage Increased to £12.71! King’s Speech Set for May 13
The UK’s minimum wage has increased by 4.1%; the King’s Speech is scheduled for May 13; households across the UK will face more than £200 in additional costs this April.
TBA
Apr 75 min read
JD.com’s Joybuy Enters the UK! Middle East Conflict Evacuees May Receive Tax Exemptions; 1.3 Million Taxpayers Charged Late Payment Interest
The UK tax authority may grant tax exemptions to British nationals returning from the Middle East due to regional conflict; Chinese retail giant JD.com has entered the UK market with its new Joybuy platform; and 1.3 million taxpayers in the UK have been charged £137 million in late payment interest for overdue taxes.
TBA
Mar 165 min read
Dubai-Based Britons Hesitate to Return Over Tax Concerns; UK to Raise English Requirement for Permanent Residency; HMRC Recovers £16bn in Corporate Taxes
Some Britons living in Dubai are reluctant to return to the UK amid concerns about regaining UK tax residency. At the same time, the government plans to raise the English language requirement for permanent settlement to A-Level standard from 2027. Meanwhile, HMRC has stepped up enforcement on large companies, recovering nearly £16 billion in unpaid taxes over the past three years.
TBA
Mar 95 min read
London Tube Fares Surge by Up to 7.1%?! New ISA Savings Account for First-Time Buyers to Launch; Small Employer Relief Rate to Increase
London Underground fares are set to rise, with increases of up to 7.1%. The UK will introduce a new ISA savings account exclusively for first-time buyers, and the small employers’ relief rate for statutory payments will also be increased.
TBA
Mar 25 min read
Significant regional differences in UK income tax! Amazon Pays £1 Billion in UK Taxes! HMRC Launches Quick Login for Digital Services
New HMRC customers can access digital services using GOV.UK One Login; Significant regional differences in UK income tax; Amazon pays £1 billion to the UK tax authorities
TBA
Feb 164 min read
UK 10-Year Settlement Public Consultation Ends This Week; Household Bills Set to Surge from April; Unemployment to Rise Again
Public consultation on the UK’s proposed 10-year route to permanent residency closes this week; household bills—from water charges to council tax—are set to rise from April 2026; Bank of England holds interest rates at 3.75%
TBA
Feb 96 min read
UK High-Income Earners Voluntarily Take Pay Cuts to “Avoid Tax”! HMRC Cracks Down on Stamp Duty Refunds, Recovering Over £200 Million
UK high-income earners consider cutting their salaries by 25% to reduce tax; HMRC tightens scrutiny of “speculative” stamp duty refund claims; pubs in England to receive a 15% business rates relief.
TBA
Feb 25 min read
UK Tax System Overcharges £3.5bn | “Side Hustle Scams” Cause £95,000 Losses | Economy Grows 0.3% in November
The UK tax system has mistakenly overcharged more than six million people by £3.5 billion; “side hustle scams” have cost bank customers over £95,000; and the economy grew by 0.3% in November.
TBA
Jan 264 min read
UK Drops Mandatory Digital ID Plan! Self Assessment Tax Deadline Approaches! China’s Trade Surplus Tops $1 Trillion for the First Time
The UK has abandoned plans to make digital identity mandatory; China’s annual trade surplus has exceeded $1 trillion for the first time; and nearly 340,000 people have paid their Self Assessment tax bills via the HMRC app
TBA
Jan 195 min read
Over 300,000 Hit With “Trivial” Tax Demands! Pension Rule Changes Spark Savings Fears as Energy Bills Rise This Winter
HMRC hits 300,000 taxpayers with ‘trivial’ bills
TBA
Jan 125 min read
Online Tax Filing Deadline This Month: Time to Pay Instalments Available; Council Tax Could Rise to £7,500; Global Crypto Tax Rules Take Effect
Self Assessment customers can spread the cost of their tax bill with HMRC’s Time to Pay service; UK Plans New Council Tax Bands with Charges up to £7,500; New Crypto Tax Rules Introduced in the UK and 47 Other Countries
TBA
Jan 46 min read
UK Boxing Day Sees £3.8 Billion Spending Surge! Self-Driving Taxi “Apollo Go” to Launch in the UK! Spring Budget Date Announced
Boxing Day promotions in the UK are regaining momentum and are expected to generate £3.8 billion in sales for retailers; Uber and Lyft have announced plans to pilot Chinese autonomous taxis in the UK in 2026; UK Chancellor of the Exchequer Rachel Reeves has announced the date of the Spring Budget.
TBA
Dec 29, 20255 min read
Beware of UK Tax Refund Scams! Overview of London Rail Service Changes During Christmas and New Year; Interest Rate Cut to 3.75% to Boost the Economy
HMRC reports receiving more than 135,000 reports of tax-related fraud; the Bank of England cuts the interest rate to 3.75%; an overview of widespread rail closures and service adjustments in London during the Christmas and New Year period.
TBA
Dec 22, 20255 min read
HMRC to Recover Taxes from 14,000 Households! London Underground Fares to Rise by 5.8% Next Year! UK Economy Shrinks Again
HMRC is seeking to recover taxes from 14,000 households amid a dispute over the “seven-year gift rule”; fares across the London Underground network are set to increase by 5.8% in 2026; and the UK economy unexpectedly contracted by 0.1% in October.
TBA
Dec 15, 20256 min read
UK House Prices Keep Rising! US and UK agree zero tariffs deal on pharmaceuticals; Flu Season Arrives—Watch Out for New Virus
‘Mansion tax’ will have limited impact on property market, UK house prices still rise; Number of flu patients in hospital beds rises by more than 50%; US and UK agree zero tariffs deal on pharmaceuticals for three years.
TBA
Dec 8, 20255 min read
The UK to Scrap Low-Value Parcel Tax Exemptions! Income-Tax Freeze Increases Pressure on Workers! Sharp Drop in Net Migration Driven by Falling Work and Study Arrivals!
The UK plans to abolish the tax exemption for low-value parcels by March 2029; the income-tax threshold freeze is pushing millions into higher tax bands, increasing the burden on working households; and net migration has fallen sharply as work and study visa arrivals decline significantly.
TBA
Dec 1, 20255 min read
UK Confirms 10-Year Settlement Rule! Unveils “Europe’s Strictest” New Immigration System Draft! Rail Fares Frozen for the First Time in 30 Years! Inflation Falls to a Four-Month Low
Biggest overhaul of legal migration model in 50 years announced; Rail fares to be frozen for first time in 30 years; UK inflation rate hits lowest level in four months
TBA
Nov 23, 20255 min read
Labour’s Emergency U-Turn: Income Tax Rise Dropped from Budget! Black Friday Spending Could Hit £14 Billion! Viagogo Hit with Multi-Million Pound Tax Bill
Labour will abandon its plan to raise income tax in the upcoming budget; Black Friday spending in the UK may reach £14 billion amid rising scam risks; and ticket-resale platform Viagogo has been hit with a £15 million tax demand.
TBA
Nov 17, 20255 min read
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