Scope: United Kingdom
Proposed
Modernising and standardising corporation tax computations consultation
HMRC has published a consultation on developing a prescribed, standardised, fully tagged format for company tax computations accompanying CT600 returns. Pilot from October 2027, mandatory implementation from September 2028. Also proposing that any amendments to corporation tax computations and returns must be submitted online from 1 April 2027.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Oct 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Dynamic PAYG Instalments: Businesses may opt in from 1 July 2027 to vary instalments monthly or with actual performance
As part of 2026-27 budget, from 1 July 2027 businesses will have enhanced ability under the PAYG instalment system to vary instalments based on real-time performance via accounting software and/or opt into monthly reporting. History of non-compliance may require some to report monthly. Consultation and pilot phase underway. This policy aims to align tax payments more closely with business cash flow.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Dynamic pay as you go instalments to be introduced from 1 July 2027
Announced as part of the 2026-27 Federal Budget, Dynamic PAYG Instalments will allow business taxpayers to vary their instalments more quickly in response to real-time business performance. From 1 July 2027, businesses will be able to opt in to monthly instalment reporting and payment. Taxpayers with a history of non-compliance may be required to report and pay PAYG instalments monthly. Digital Service Providers are to enable software-based support for these reforms.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Dynamic pay as you go instalments (PAYGI) consultation
The ATO has launched a consultation exploring the design of a dynamic PAYG instalments solution, proposing to embed PAYGI calculation in software for businesses, allowing calculation using actual performance data, and offering monthly instalment reporting and payment. The intention is for broader adoption via digital service providers (DSPs) from **July 2027**, pending outcomes of consultation and pilot.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Dynamic pay as you go instalments – making tax simpler for businesses
The 2026–27 Federal Budget introduced a measure effective from 1 July 2027 to allow business taxpayers to vary their PAYG instalment payments using real-time business performance data. Businesses will have the option to report and pay PAYG instalments monthly via opt-in, while taxpayers with a history of non-compliance may be required to do so. This policy aims to better align tax prepayments with actual cash-flows and reduce surprises at tax-time.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Dynamic pay as you go instalments (PAYGI)
From the 2026-27 Federal Budget, the ATO will introduce Dynamic PAYG Instalments enabling business taxpayers to vary instalments based on actual business performance data, with ability to opt in to monthly reporting from 1 July 2027. Businesses with non-compliance history may be required to report monthly. DSPs will participate in pilot phases before broader rollout. These changes are currently under consultation and not yet law. Impacts cash flow, compliance burden and software requirements.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Dynamic PAYG Instalments: Business PAYG Variation Rule Change
As part of the 2026-27 Budget, the Government and ATO announced that from **1 July 2027**, business taxpayers will have enhanced ability to **vary PAYG instalments** based on actual financial performance (“dynamic PAYGI”), can opt in to monthly instalment reporting/payments, and businesses with poor compliance history will be required to report monthly. These amendments aim to make instalment payments more responsive and aligned to real-time performance.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Dynamic pay as you go instalments (PAYGI) – Ability to vary and monthly option from 1 July 2027
Announced in the 2026-27 Federal Budget: from 1 July 2027 businesses will be able to vary their PAYG instalment amounts more frequently using updated methods based on actual business performance. Businesses will also have the option to report and pay PAYG instalments monthly, with mandatory monthly for those with a history of non-compliance. This Proposal is under consultation and not yet law. ([softwaredevelopers.ato.gov.au](https://softwaredevelopers.ato.gov.au/DynamicPAYGI?utm_source=openai))
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Status requires verification
Low Income Super Tax Offset (LISTO) enhancements
LISTO eligibility threshold is increasing from AUD 37,000 to AUD 45,000, and the maximum offset rising from AUD 500 to AUD 810. These changes will apply from the 2027-28 financial year under legislation passed in early-2026, providing greater benefit to lower income super members.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Dynamic PAYGI to be implemented 1 July 2027
From 1 July 2027, business taxpayers will be able to opt in to report and pay PAYG instalments monthly and adjust installations based on business performance (‘dynamic PAYGI’). Taxpayers with history of non-compliance may be required to pay monthly. System and software providers need to prepare.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Dynamic PAYGI instalments reform from 1 July 2027 allowing variation and monthly reporting/payments
As part of the 2026-27 Budget, government announced from 1 July 2027 businesses will be able to vary PAYG instalment payments in response to real-time business performance via Dynamic PAYGI; businesses may opt-in for monthly instalment reporting and payment; non-compliant taxpayers may be required to report monthly.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 1, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Inheritance Tax: Unused pension funds and death benefits brought into estate value from 6 April 2027
From 6 April 2027, most unused pension funds and death benefits from registered pension schemes will be included in the value of a deceased’s estate for Inheritance Tax (IHT) purposes. Personal representatives will be liable for reporting and paying the IHT. Some death-in-service benefits will be excluded, especially those from registered schemes, to ensure consistency in the treatment of pension-related wealth versus other estate assets.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Mandatory Real-Time Reporting of Benefits in Kind (BiKs) via Payroll from April 2027
Starting 6 April 2027, employers must report the most common Benefits in Kind via payroll in real time, including associated Income Tax and Class 1A National Insurance. Less common benefits—such as employer-provided loans and accommodation—will follow under a phased implementation ending April 2028. Transitional arrangements and detailed secondary legislation will define exactly which benefits fall in scope when. The reform removes much of the end-of-year P11D/P11D(b) reporting process.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Employer Bulletin February 2026: Mandatory Payrolling of Benefits-in-Kind and Expenses
UK employers must register by 5 April 2026 if they want to voluntarily payroll most benefits-in-kind (BiKs) in 2026-27. From April 2027, payrolling most BiKs and expenses becomes mandatory. Payroll software must be updated, and P11D reporting deadlines apply for those not yet payrolling. These changes will affect employer’s payroll withholding, employee pay processing and compliance burden.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Mandatory payrolling of benefits in kind launch in phases
The government has announced the phased introduction of **mandatory payrolling** for benefits in kind (BiKs). From **6 April 2027 to 5 April 2028**, payrolling will be mandatory only for **company cars, car fuel, vans, van fuel and medical benefits**. From **April 2028**, it will be extended to most other benefits. Employers will be able to register voluntarily for payrolling of other benefits (not in phase-1) from **November 2026**. This change aims to simplify employer reporting and reduce administrative burden. ([gov.uk](https://www.gov.uk/government/publications/agent-update-issue-145/issue-145-of-agent-update?utm_source=openai))
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source
Scope: Global
Proposed
UK’s proposal to remove double taxation for overseas entities and reverse hybrids
The UK government has published a consultation (Tax Update 2026) aiming to remove double taxation from investments through overseas entities (including US LLCs and other reverse hybrids) which currently can lead to effective rates above 75%. Regulations are planned to take effect from April 6, 2027.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Proposed
Mandated payrolling of most Benefits-in-Kind from April 2027
Starting 6 April 2027, employers will be required to report and pay Income Tax and Class 1A National Insurance on most benefits-in-kind via payroll; voluntary registration for doing so in advance closes 5 April 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Mandatory reporting and paying of Income Tax and Class 1A National Insurance Contributions on Benefits in Kind via payroll software — update
The UK government has delayed the introduction of mandatory payrolling of most Benefits in Kind from April 2026 to **April 2027**. From that date, employers must report BiKs (excluding accommodation and loans) through payroll software (RTI via FPS) using PAYE and Class 1A NICs. Those two categories remain on the P11D system for now. Employers can voluntarily payroll from April 2026 if they register by 5 April. This gives businesses and payroll software providers more time to prepare. Implications include revising payroll systems, re-educating staff, and adjusting reporting processes.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Capital Gains Tax relief for gifts of business assets reform
The Government is amending how Gift Hold-Over Relief applies, including shares and securities under the Substantial Shareholding Exemption or Intangible Fixed Assets regime in the formula that reduces relief when companies hold non-trading assets. The changes apply to disposals made on or after 6 April 2027, affecting individuals gifting business assets such as shares in personal companies, especially where mixed asset types exist.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Proposed
Mandatory payrolling of benefits in kind and expenses
From the 2027-2028 tax year, most employers will be required by law to payroll most benefits in kind. The changes ensure that many BiKs are taxed through PAYE monthly rather than reported via P11D annually. Employment-related loans and living accommodation benefits remain voluntary for payrolling in that period. Interim guidance and technical specifications have been published to help businesses prepare. This is aimed at simplifying benefit taxation and improving HMRC’s collection and enforcement.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2027
- Verification
- Not recorded
Open cited source