Scope: Global
Status requires verification
Inheritance Tax anti-avoidance & workplace benefit relief reforms (UK Budget 2025)
Starting 6 April 2026, the UK will enforce new anti-avoidance measures for trusts (exit charges, changes in situs), impose equal treatment for overseas investors owning agricultural property, repeal deductions for non-reimbursed homeworking expenses, and exempt certain employer-provided benefits (eye tests, home working equipment, flu vaccinations) from income tax and National Insurance.
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 — use of digital records, quarterly updates and new penalties
From 6 April 2026, sole traders and landlords in the UK whose gross income from self-employment and/or property exceeds £50,000 will be legally required to keep digital records, submit quarterly updates using compatible software, and file their annual declaration via software. A new points-based penalty regime will apply for lacunae in submission; HMRC will not enforce penalty points for missed quarterly updates in the first 12 months.
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
U.K. Budget 2025: Reforms to Carried Interest, Agricultural & Business Property Reliefs
In Budget 2025, U.K. government announced that from 6 April 2026, carried interest will be taxed fully under the income tax regime, Agricultural Property Relief and Business Property Relief will be reformed (including transferability of the £1 million allowance), and reforms targeting trusts and non-resident individuals holding agricultural property.
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 for periods abroad changes from 6 April 2026
From 6 April 2026, individuals working abroad can no longer opt in to Class 2 NICs; to make new Class 3 contributions for periods abroad they must have 10 continuous years of UK residence or at least 10 qualifying years with NICs. This affects eligibility for state pension/benefits and continuity of NIC record.
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 take effect 6 April 2026 — prepare for new PAYE responsibilities in labour supply chains
From 6 April 2026, liability in labour supply chains (including umbrella companies) shifts so that agencies and end-clients may become responsible if an umbrella company fails to operate PAYE, NICs, student loan deductions correctly. This increases employer and client risk and compliance obligations.
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
Business Asset Disposal Relief: Eligibility – Rate change for disposals from 6 April 2026
Legislation increasing the Capital Gains Tax rate under Business Asset Disposal Relief from **14%** to **18%** on qualifying disposals made on or after 6 April 2026. Disposals between 6 April 2025 and 5 April 2026 remain at 14%, while those before 5 April 2025 are at 10%. The change reduces the tax advantage for business exits; sellers should plan disposal timing carefully and meet qualifying conditions to benefit from relief.
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
Removal of tax relief for non-reimbursed homeworking expenses
Since 6 April 2026, UK employees can no longer claim tax relief for additional household costs (utilities, phone calls etc.) incurred when working from home unless reimbursed by their employer. Previous reliefs (including fixed rate £6/week and actual costs with receipts) have been abolished; claims for previous four years may still be made where eligible.
Editorial impact label: Low to Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Status requires verification
Income Tax: Changes to Tax rates for Property, Savings and Dividend Income
This measure increases dividend tax rates from April 2026 and introduces higher separate rates for savings and property income from April 2027, along with amendments to how reliefs and allowances will be ordered in tax calculations. It affects individuals with income from savings, property, dividends, and those receiving mixed income streams. The changes target fairness and aim to raise revenue; non-UK residents will also be impacted in how their dividend income is taxed. These altered rate schedules and ordering of reliefs can significantly alter tax bills for landlords, investors, and people with varied income sources.
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
New PAYE responsibilities in labour supply chains including umbrella companies
From 6 April 2026, agencies and end clients will by law be responsible to ensure that PAYE is accurately operated when an umbrella company employs workers in their supply chain. If umbrella companies fail to withhold correct tax, student loans or National Insurance, liability may be recovered from agencies or clients.
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 voluntary National Insurance contributions for periods abroad
From 6 April 2026, the UK will eliminate the option to pay voluntary Class 2 National Insurance Contributions for persons abroad; instead, those abroad will only be eligible to pay Class 3 contributions if they have at least 10 years' UK residency or contribution history. This aims to ensure individuals building State Pension from outside the UK have a sufficient link to the UK and are paying a fair price.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Issue 126 of Agent Update: Digital records & quarterly updates for sole traders & landlords over £50,000 gross income
From **6 April 2026**, UK sole traders & landlords whose gross self-employment or property income exceeds £50,000 must **keep digital records** and submit **quarterly updates** to HMRC using software compatible with Making Tax Digital. The threshold lowers to £30,000 in April 2027, with further plans for £20,000. Impacts include software adoption, more frequent reporting, and risk of penalties for non-compliance.
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
Reform of inheritance tax reliefs for agricultural and business property
From 6 April 2026, the 100 % relief rate for agricultural property relief (APR) and business property relief (BPR) will only apply on up to £1 million of combined assets; any excess will receive relief at 50 %. This threshold is transferable between spouses or civil partners. The change affects estates with substantial farmland or business assets, especially in rural areas.
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
Making Tax Digital for Income Tax requirement threshold changes
From 6 April 2026, sole traders and landlords with qualifying income over **£50,000** must begin using Making Tax Digital for Income Tax, keeping digital records, submitting quarterly updates, and using compatible software. Thresholds will then be reduced in later years to include those with over £30,000 in April 2027 and over £20,000 in April 2028. Penalty reforms will also begin with transitional relief in the first year.
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
Capital Gains Tax: what you pay it on, rates and allowances (UK) — rates effective from 6 April 2026
For UK individuals, trustees, and personal representatives disposing assets from 6 April 2026, the Capital Gains Tax rates for most gains increase to 18% or 24%. Business Asset Disposal Relief rate increases from 14% to 18%. Remittance basis abolished, affecting non-domiciled persons and those using foreign income and gains regime.
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
Overview of tax legislation and rates – Budget 2025
The UK Autumn Budget 2025 introduced multiple tax policy changes that are now becoming effective. Key measures include the implementation of Making Tax Digital for Income Tax for sole traders and landlords with qualifying income from 6 April 2026, changes to allowances and reliefs for business property and agricultural property inheritance, higher rates for remote gambling and gaming, and changes to writing-down allowances and asset investment incentives. These reforms aim to raise revenue while simplifying and modernising UK tax policy.
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 – eligibility thresholds and start dates
MTD for Income Tax becomes mandatory in phases: those with qualifying income over £50,000 start from 6 April 2026; over £30,000 from 6 April 2027; over £20,000 from 6 April 2028. Requires digital record-keeping, quarterly updates, and use of approved software.
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
Umbrella Company PAYE Changes: Labour Supply Chains Joint Liability (UK, from 6 April 2026)
UK legislation from Finance Bill 2025-26 will introduce a new Chapter 11 into Part 2 of ITEPA 2003, making employment agencies or end clients jointly and severally liable for PAYE, Income Tax, Student Loan and NIC for workers supplied via umbrella companies. Takes effect 6 April 2026.
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
Creative Industries Tax Relief – CT600P page requirement from 6 April 2026
Starting 6 April 2026, any company making claims for creative industries tax reliefs or expenditure credits must include the new CT600P supplementary page alongside their CT600 Company Tax Return. HMRC will also release an updated additional information form to be submitted before or on the same day as the tax return, to reduce duplication. This formalises how creative industries claim reliefs such as AVEC, VGEC, and other reliefs for film, television, games, theatre, orchestras, museums and galleries, with new reporting requirements to aid administration and compliance.
Editorial impact label: Low
- 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 Agricultural and Business Property Relief (APR/BPR) from 6 April 2026
From 6 April 2026, the rules for APR and BPR under Inheritance Tax will change so that the first £1 million of combined qualifying agricultural and business property will receive 100% relief, with amounts above this threshold receiving only 50% relief. Additionally, the government introduced transferability of any unused portion of this £1 million relief between spouses or civil partners.
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 for periods abroad from 6 April 2026
Abolishes access to voluntary Class 2 National Insurance contributions for those abroad from 6 April 2026; raises initial residency or contributions requirement from 3 years to 10 years for voluntary Class 3 contributions when abroad. Affects State Pension entitlement and eligibility for social security benefits tied to NI record for UK nationals living overseas.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 6, 2026
- Verification
- Not recorded
Open cited source