Advanced tax certainty manual published
HMRC has published a new manual explaining the operation of the advance tax certainty service. The service launches on 1 July 2026. However, it is possible to express an interest in using the service before that date. An earlier article provides further details.
Changes to the pensions tax regime
HMRC has published draft regulations for technical consultation. The regulations make amendments to the calculation of pension input amounts where there has been a guaranteed minimum pension conversion made in respect of cash balance and defined benefit arrangements for the purpose of the annual allowance charge. Once enacted, the regulations will have effect for the tax year 2027/28 onwards.
The consultation closes on 13 July 2026. If you have any feedback that could inform ICAEW’s response to the consultation, please contact Katherine Ford by 26 June 2026.
Guidance on claiming a tax repayment
HMRC has published a collection page to make it easier for taxpayers and agents to find information on claiming a repayment or refund from different taxes and duties.
Helping taxpayers who need extra support
HMRC has launched the latest round of its Voluntary and Community Sector Grant Funding Scheme. The scheme is open to voluntary and community sector organisations so that they can “provide specialist advice and support to HMRC customers who may need extra help with their tax affairs, interacting with its digital services, which continue to expand, or claiming entitlements”. The closing date for applications is 3 July 2026.
HMRC has pledged £11.18m in funding for the three years starting in April 2027. Funding for April 2024 to April 2027 was £5.5m.
Legislation provides for the reduced rate of VAT
In May 2026, the government announced that the rate of VAT on children’s meals and certain activities and attractions will be reduced from 20% to 5% between 25 June and 1 September 2026. The regulations providing for this measure were made on 2 June 2026.
Further information
Calls to reform stamp duty land tax
Parliament’s Housing Committee has called on the government to reform stamp duty land tax (SDLT). In a report published on 9 June 2026, the Committee highlights issues with SDLT, including that it “slows the property market, and ultimately damages the economy”, and recommends that the government consults on potential alternatives to SDLT.
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.