Latest news

  • HMRC offers Loan Charge settlements

    Thousands of people and employers with outstanding Loan Charge liabilities are being invited to take advantage of a new settlement scheme that could reduce their bills by up to £70,000. It will see most customers’ bills reduced, with around a third able to settle without paying anything at all. HM Revenue and Customs (HMRC) is writing to eligible customers.

    HMRC is inviting everyone with outstanding Loan Charge liabilities to take advantage of the new Loan Charge Settlement Scheme

  • Money on your mind? The HMRC app has it covered

    More than 56% of people say they weren’t prepared for life’s financial milestones with one in four admitting they lack basic knowledge about money matters but are too embarrassed to ask, according to new research.

    Person sitting on the floor at home using a laptop, with paperwork nearby, accessing online tax services.

  • One month until Vaping Products Duty and the Vaping Duty Stamps Scheme start

    With Vaping Products Duty and the Vaping Duty Stamps Scheme starting on 1 October 2026, HM Revenue and Customs (HMRC) is reminding businesses across the vaping supply chain, including retailers and wholesalers, to prepare for the changes. The new excise duty of £2.20 per 10ml on vaping products, whether they contain nicotine or not, will come into force alongside tobacco duty increases.

    Businesses across the vaping supply chain need to prepare for the Vaping Products Duty & Vaping Duty Stamps Scheme

  • 240 crypto millionaires revealed in new government data

    240 people reported more than £1 million in capital gains from cryptoassets in the 2024 to 2025 tax year official statistics show, accounting for £717 million of cryptoasset gains between them. Total taxable capital gains from cryptoassets for 17,600 individuals were £1.38 billion in the 2024 to 2025 tax year, with an average gain of £78,000 reported per individual. Following the

    Smartphone and laptop displaying cryptoasset investment charts and financial data, with HM Revenue and Customs branding.

  • Second registration window now open for tax advisers

    Phase two of the new online registration requirement for tax advisers rolls out. Advisers with Self Assessment or Corporation Tax accounts, but without an agent services account (ASA), now need to register. Mandatory tax adviser registration requirements will protect customers and raise standards in tax advice. Advisers who solely provide professional payroll services do not need to registe

    HMRC graphic announcing the second registration window for tax advisers opening on 18 August 2026

  • Extend Child Benefit for your teen before 31 August

    Parents of 16 to 19-year-olds starting further education or approved training courses must extend their Child Benefit claim by 31 August or payments will stop automatically. GCSE results day on 20 August is a key moment for teenagers to decide their next steps. Parents can extend their claim in minutes using the HMRC app or GOV.UK.
    Parents of 16 to 19-year-olds have

    HMRC Child Benefit reminder showing two people using a tablet to extend a claim online.

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