Pillar Two statutory guidance
HMRC has published a notice containing tertiary legislation that applies for the purposes of the multinational top-up tax and the domestic top-up tax.
The notice (notice 3) gives legal information about:
- how to submit returns for Pillar Two top-up taxes in the UK;
- the information needed to complete the returns;
- how to amend a return; and
- how to notify HMRC that a group is below the threshold to submit returns.
Further information
- Pillar 2 top-up taxes registration (notice 1) - GOV.UK
- Pillar Two top-up taxes relevant territories and taxes (notice 2) - GOV.UK
MTD income tax issues
HMRC has published the latest edition of its Making Tax Digital (MTD) for income tax software developer newsletter. The newsletter contains a section on common issues reported by software developers in June 2026, which may be of interest to businesses and agents.
Horizon compensation payments
Regulations have been made to ensure that compensation payments made under the Horizon family members redress scheme are not subject to tax or national insurance contributions. A policy paper published by the government provides further details.
Tax inspectors without borders
The Organisation for Economic Co-operation and Development (OECD) has published its Tax inspectors without borders annual report 2026. The OECD says that the report “reflects on the 2025 results and activities” of the tax inspectors without borders initiative in its work “supporting developing countries in building tax audit and investigation capacity”.
Accommodation and business rates
Self-contained self-catering accommodation is subject to business rates if it is both available for letting for 140 days in a year and actually let for 70 days. Otherwise, the property is subject to council tax. Regulations have been made that provide an exception from the 70-day actual-letting test for certain business uses of self-contained accommodation.
Tax Faculty
This guidance is created by the Tax Faculty, recognised internationally as a leading authority and source of expertise on taxation. The Faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.