With Vaping Products Duty and the Vaping Duty Stamps Scheme starting on 1 October 2026, HM Revenue and Customs (HMRC) is reminding businesses across the vaping supply chain, including retailers and wholesalers, to prepare for the changes. The new excise duty of £2.20 per 10ml on vaping products, whether they contain nicotine or not, will come into force alongside tobacco duty increases.
240 people reported more than £1 million in capital gains from cryptoassets in the 2024 to 2025 tax year official statistics show, accounting for £717 million of cryptoasset gains between them. Total taxable capital gains from cryptoassets for 17,600 individuals were £1.38 billion in the 2024 to 2025 tax year, with an average gain of £78,000 reported per individual. Following the
Phase two of the new online registration requirement for tax advisers rolls out. Advisers with Self Assessment or Corporation Tax accounts, but without an agent services account (ASA), now need to register. Mandatory tax adviser registration requirements will protect customers and raise standards in tax advice. Advisers who solely provide professional payroll services do not need to registe
Parents of 16 to 19-year-olds starting further education or approved training courses must extend their Child Benefit claim by 31 August or payments will stop automatically. GCSE results day on 20 August is a key moment for teenagers to decide their next steps. Parents can extend their claim in minutes using the HMRC app or GOV.UK.
Parents of 16 to 19-year-olds have
Chancellor John Healey is urging people to report tax fraud as HM Revenue and Customs (HMRC) ramps up its work to tackle illegal activity on the high street. The improved Report Tax Fraud service on GOV.UK makes it easier than ever to ‘shop' high street businesses they suspect are involved in fraud, from vape shops to barber shops.
More than 430,000 sole traders and landlords successfully sent their first Making Tax Digital (MTD) for Income Tax quarterly update for the 7 August deadline. Almost 565,000 customers have now signed up to the service.
Working families urged to sign up for Tax-Free Childcare on Playday to help pay for holiday clubs, after-school clubs, nurseries and childmindersLatest statistics show families save almost £100 a month with Tax-Free ChildcareNumber of families using Tax-Free Childcare for children aged 8 and above increased by 20%
Working families are being encouraged to check if they could cut the cost of chil
Airbus Operations Limited (AOL) has paid more than £6.4 million to HM Revenue and Customs (HMRC) after admitting multiple breaches of Strategic Export Controls. The payment represents the highest compound settlement ever reached by HMRC for strategic export offences. AOL announced details of the settlement in its quarterly earning notes.
HM Revenue and Customs (HMRC) is encouraging people who receive a Simple Assessment letter this summer to not ignore it, and to check the details and pay any tax owed.
More than 864,000 sole traders and landlords signed up to Making Tax Digital (MTD) for Income Tax have just two weeks left before the deadline to submit their first quarterly update.
The invitations are out, the venues are booked and the flowers are ordered - but for wedding suppliers who have turned their hobby into a side hustle, there is one more item on the to-do list: checking their tax obligations.
Registration deadline for new tax advisers is 18 August 2026.
Tax advisers who still need to register should act now to avoid disruption to their ability to support clients.
Tax advisers have one month left to register under new mandatory requirements designed to raise standards in the tax advice market, protect taxpayers, and support those who play by the rules.
HM Revenue and Customs (H
Businesses involved with vaping products will receive correspondence from HM Revenue and Customs (HMRC) imminently, reminding them to apply for Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme which start on 1 October 2026.
Apply now to continue trading from 1 October 2026.
VPD will apply to all vaping products whether they contain nicotine or not. If businesses have not
Since launching on 1 April 2026, HM Revenue and Customs’ (HMRC’s) new interactive VAT guidance tool is making it easier for newly VAT-registered businesses to understand their obligations, use online VAT services with confidence and get their tax right first time.
The tool provides the support businesses need after registering for VAT:
Step-by-step guidance
Practical examples
Short videos.
New HM Revenue and Customs (HMRC) videos are making it easier for informants to report serious tax fraud and avoidance through the Strengthened Reward Scheme.
A recorded webinar and short explainer video provide practical guidance on how to report tax wrongdoing and what information HMRC needs.
Informants may be eligible for a financial reward if the information they provide leads to HMRC re
5.6 million taxpayers checked their pay in the HMRC app last year a total of 100 million times – equivalent to 18 times each a year.
The app had 7.6 million unique users and 2.8 million new users in 2025 to 2026.
HMRC transformation is on track – with digital services taking off, and outdated communication being phased out.
Millions of taxpayers are choosing to go digital and check their pay
An energy services firm has paid more than £500,000 to HM Revenue and Customs (HMRC) for breaching Russia sanctions regulations.
One month to go until the second Payments on Account deadline on 31 July. The HMRC app is the quickest way to pay, with more than 110,000 payments made through the app since April. Customers can set up payment plans to help spread the cost of their tax bill.
With one month to go, HM Revenue and Customs (HMRC) is reminding millions of Self Assessment taxpayers to prepare for the
40% of young people wish they had learnt the basics about tax when they were younger.
HMRC is encouraging young people to use the HMRC app to manage their money and tax.
90% satisfaction rating from young people using the app.
Four in ten of Generation Z say they wish they had learnt the basics about tax when they were younger as HM Revenue and Customs (HMRC) is encouraging those looking for
The tax gap estimate – the difference between what UK tax is expected to be paid and was actually paid – was 6.4% for the 2024 to 2025 tax year, provisional figures published today (23 June 2026) show.
