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Chancellor should use Budget to reform tax system, IFS says
Posted on: 5th November 2025
Chancellor Rachel Reeves should use the Autumn Budget to reform the UK's tax system, says the Institute for Fiscal Studies (IFS). The think tank says this would help Ms Reeves to raise more revenue while…
HMRC to resume taking tax owed by debtors directly from their bank accounts
Posted on: 5th November 2025
HMRC has resumed its programme allowing direct recovery of money from debtors' bank accounts. The Direct Recovery of Debts (DRD) policy, which was paused during the Covid-19 pandemic, has restarted in a 'test and learn'…
Countdown to Vaping Products Duty begins
Posted on: 5th November 2025
There is now less than a year until the UK Government introduces Vaping Products Duty (VPD) and vaping duty stamps (VDS) on 1 October 2026. VPD, a new excise duty, will apply to all vaping…
Expert Advisory Panel to provide industry insight on R&D tax relief
Posted on: 5th November 2025
HMRC has appointed six independent industry specialists to a new Research and Development (R&D) Expert Advisory Panel. The introduction of the panel is one of a number of practical enhancements that the tax authority says…
Digitally excluded can apply for MTD for Income Tax exemption now
Posted on: 5th November 2025
HMRC has opened up a service for landlords and self-employed to apply for exemption from Making Tax Digital (MTD) for Income Tax phase one. From next April, people who are self-employed and landlords, and declare…

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