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Details of updates to HMRC import, export and customs guidance for the period from 3 to 10 March 2025.

These Regulations are made to give effect to the annual re-rating of various National Insurance contributions (NICs) rates, limits and thresholds for the purposes of calculating Class 1, Class 2, Class 3 and Class 4 NICs liability (or voluntary payment) for the tax year beginning 6 April 2025. It also allows for payments of a Treasury Grant not exceeding 5% of the estimated benefit expenditure for the 2025–2026 tax year to be made into the National Insurance Fund (NIF) and makes corresponding provision for Northern Ireland. They also extend the availability of the zero-rate relief on secondary Class 1 contributions for employers of qualifying veterans for the tax year 2025–2026.

These Regulations are made to increase the ‘official rate of interest’ applicable under section 178 of the Finance Act 1989 for the purposes of Chapter 7 of Part 3 of the Income Tax (Earnings and Pensions) Act 2003

HMRC has issued guidance on the closure of the online service to file company accounts and tax returns.

HMRC has launched a consultation on developing a predictable fiscal response to future oil and gas price shocks. This consultation aims to establish a new permanent mechanism to replace the Energy Profits Levy (EPL) once it ends.

Individuals have until 5 April 2025 to fill gaps in their National Insurance record dating back to 6 April 2006. HMRC has relaxed the deadline in certain circumstances.

The Senedd has approved the Welsh Budget 2025-26.

HMRC has published a new version of the IHT grossing up calculator.

The subgroup which is chaired by HMRC has published new minutes of meetings.

The Government has published the responses to various consultations on ‘Making Work Pay’.

The OECD has released the latest BEPS Action 14 Mutual Agreement Procedure (MAP) peer review results.

HM Treasury has published the response to the consultation ‘Tackling non-compliance in the umbrella company market’.

The First-tier Tribunal has revised its guidance on the preparation of pdf bundles that was first published in 2021.

SI 2025/231: These Regulations are made to amend the Register of Overseas Entities (Delivery, Protection and Trust Services) Regulations 2022, SI 2022/870 to allow for anyone to make an application for protection whose information could be published or disclosed by the registrar under the Register of Overseas Entities (ROE). They came into force partly on 28 February 2025, and come into force fully on 31 August 2025. (Updated from draft on 3 March 2025).

HM Revenue and Customs (HMRC) has published Pensions schemes newsletter 167 for March 2025. The newsletter includes articles on managing pension schemes service, qualifying recognised overseas pension schemes (QROPS), lifetime allowance (LTA) abolition — lump sum reporting and relief at source.

The CIOT has published a Finance Bill 2024-25 briefing on the report stage amendments for non-domicile changes.

Details of updates to HMRC import, export and customs guidance for the period from 25 February to 3 March 2025.

HMRC has published its latest Stakeholder Digest (February 2025). This edition includes updates on new campaigns, guidance, and consultations relevant to UK tax practitioners.

3 March 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.