Scope: United Kingdom
Status requires verification
Construction Industry Scheme: tackling fraud
From 6 April 2026, HMRC strengthens powers under the Construction Industry Scheme (CIS) by allowing immediate removal of Gross Payment Status (GPS) where a business makes or receives payment it knew or should have known was connected to fraud. A penalty of up to 30% on business or its officers may be applied. Companies stripped of GPS for serious non-compliance cannot reapply for 5 years.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Overview of Tax (Budget 2025) – Inheritance Tax Anti-Avoidance and Workplace Reliefs
As per UK Budget 2025 enacted by Finance Bill 2025-26, new measures include anti-avoidance rules for trusts (especially for non-long-term UK residents and agricultural property held offshore), removal of deductions for non-reimbursed home-working expenses, and expansion of tax reliefs for employer reimbursements for eye tests, working-from-home kit and flu vaccines. These come into effect from 6 April 2026. The policy impacts trusts, employees, non-domiciled individuals and businesses.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Changes to Enterprise Management Incentives (EMI) eligibility limits
From 6 April 2026 the Enterprise Management Incentives scheme thresholds are significantly expanded: maximum option value increased from £3 million to £6 million; gross assets threshold from £30 million to £120 million; maximum employee count from fewer than 250 to fewer than 500; and maximum holding period extended from 10 years to 15 years, enabling more companies and employees to benefit.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Budget 2025 — Overview of tax legislation and rates (OOTLAR)
Budget 2025 introduced wide-ranging changes effective 6 April 2026: inheritance tax anti-avoidance for trusts & non-long-term UK residents; expanded workplace benefit reliefs (eye tests, home working equipment, flu vaccinations); removal of non-reimbursed homeworking expense relief; increased limits for EMI scheme; adjusted rates for investment, dividend, savings income. These changes were legislated in Finance Bill 2025-26.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
CT600P supplementary page made mandatory for creative industries claims
From 6 April 2026, all creative industries relief or expenditure credit claims (film, video games, theatre, audio-visual etc.) must include the new CT600P supplementary page alongside the CT600 Company Tax Return and an Additional Information Form submitted at the same time. Ensures detailed expenditure disclosures and proper processing of creative industry tax reliefs.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Changes to dividend, savings and property income tax rates
Finance Act 2026 raises the **dividend ordinary tax rate** from 8.75% to 10.75%, and dividend upper rate from 33.75% to 35.75% from 6 April 2026. Property income basic and higher rates will increase to 22% and 42% respectively from tax year 2027-28, and savings rates similarly increase. Also includes allocation ordering reforms for reliefs and allowance application. These affect self-assessment, investors, landlords, etc.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Aligning PAYE notifications with the Overseas Workday Relief (OWR) limit
From 6 April 2026, when submitting PAYE notification forms for qualifying new residents eligible for Overseas Workday Relief, employers must ensure the percentage of non-UK / non-PAYE earnings stated does not exceed 30%. This aligns PAYE treatment with Self-Assessment relief caps and reduces risks of underpayments. Applicable from tax year 2026-27, excluding those under transitional provisions.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Changes to claims process for Creative Industries tax reliefs including new CT600P page requirement
As of 6 April 2026, UK companies claiming Creative Industries tax relief or expenditure credits must include the new CT600P page with their CT600 Corporation Tax return, and submit an additional information form on the same day. These changes accompany guidance updates to eliminate duplicate information by April 2027.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Making Tax Digital for Income Tax requirement thresholds and timeline
Legislation introduced to require sole traders and landlords with gross income over £50,000 to use Making Tax Digital for Income Tax (MTD for ITSA) from 6 April 2026; thresholds will progressively lower to £30,000 in April 2027 and £20,000 in April 2028. Requires digital record-keeping, quarterly updates, and aligns with a new penalty regime for non-compliance.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Britain’s innovators backed with around £100m of new investment ‒ entrepreneurship tax relief package comes into force
As of 6 April 2026, UK expanded access to the Enterprise Management Incentives scheme, Enterprise Investment Scheme, and Venture Capital Trusts; introduced double tax reliefs for entrepreneurs, start-ups and scale-ups; and implemented UK Listings Relief for three years. A sweeping incentive effort to boost private investment and support early-stage growth.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Agricultural property relief and business property relief changes
From 6 April 2026, the UK changed rules on Agricultural Property Relief (APR) and Business Property Relief (BPR): operative date for deaths on or after 6 April 2026 (where lifetime gifts made on or after 30 October 2024) applies a threshold of £2.5 million for relief; trusts with qualifying property before 30 October 2024 treated differently. This affects inheritance tax planning for farms, businesses and trusts.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Voluntary National Insurance contributions abroad from 6 April 2026
Removal of access for individuals abroad to pay voluntary Class 2 National Insurance contributions from 6 April 2026. New applications for voluntary Class 3 NICs abroad from 2026-27 onwards will require 10 years’ UK residence or qualifying NICs. Transitional arrangements apply for existing payers until 6 April 2027.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
UK rolls out Making Tax Digital for Income Tax for sole traders and landlords earning £50,000+
From 6 April 2026, UK sole traders and landlords with self-employment and/or rental income exceeding £50,000 must keep digital records and send HMRC quarterly updates of income and expenses. Light-touch reporting is required throughout the year, and penalties apply incrementally (points system), with fixed penalties only after multiple missed submissions. The policy is part of HMRC’s phased approach, expanding to lower income thresholds in future years.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Making Tax Digital for Income Tax: new rules for sole traders and landlords from April 2026
From 6 April 2026, sole traders and landlords in the UK with qualifying income above £50,000 are required to use recognised digital software to maintain records and submit quarterly income and expense updates to HMRC under Making Tax Digital (MTD) for Income Tax. Penalties for late submissions will be deferred for the first 12 months. This is a phased rollout—with lower income thresholds (£30,000 in 2027, £20,000 in 2028).
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Uprating of tax-free mileage rates for business travel
In the Budget 2026 announcements by HM Treasury, tax-free mileage rates for business travel were uprated by **10p per mile** (for the first 10,000 miles) effective from April 2026, increasing from 45p to 55p per mile. The change affects employees and self-employed individuals using their own vehicles; it is backdated to 6 April 2026. This delivers savings for many working people who drive regularly for work.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
IRS expands Business Tax Account access to partnerships, government entities, and tax-exempt organizations
The IRS announced an expansion of its online Business Tax Account platform to now include partnerships, federal, state, local governments, Indian tribal governments, and tax-exempt organizations. These entities can now view tax balances, download notices, view transcripts, request compliance checks, and see name/address information electronically—lowering dependency on paper and phone interactions. This enhances access, reduces friction, and can improve timely compliance for those organizations.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Digital record-keeping direction for Making Tax Digital for Income Tax
New regulations (Income Tax (Digital Obligations) Regulations 2026) require unincorporated businesses and landlords with self-employment and property income above £50,000 to keep digital records via MTD-compatible software, submitting quarterly summaries. Lower thresholds phased in later (above £30,000 from April 2027; above £20,000 from April 2028). Critical for compliance under MTD for Income Tax.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
UK Inheritance Tax: Agricultural & Business Property Relief changes in Finance Bill 2025-26
Legislation under Finance Bill 2025-26 amends the Inheritance Tax Act 1984 to provide that from 6 April 2026, individuals and trusts can claim 100% relief on qualifying agricultural and/or business property up to £2.5 million, with 50% relief on amounts above this. Includes changes for trusts, transferability between spouses, instalment payments relief, transitional rules, and changes to treatment of certain shares. Significant for estates, farms, trusts and business owners in the UK.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Making Tax Digital for Income Tax Self Assessment: operatives & thresholds for sole traders and landlords
From 6 April 2026, sole traders and landlords with trading or property income over £50,000 (qualifying income) will be required to keep digital records and provide quarterly updates via HMRC-approved software. From 6 April 2027 this threshold drops to £30,000, and further to £20,000 from 6 April 2028. This enables phased rollout of mandatory digital self assessment. Implications include additional compliance costs, need for software and tighter record-keeping.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Changes to employer-provided benefits policy and administration
From 6 April 2026, employers will no longer be able to voluntarily register to report benefits in kind in real time; from tax year 2027-28 all employers must report benefits in kind and pay both Income Tax and Class 1A National Insurance contributions in real time.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source