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These Regulations amend the International Tax Compliance Regulations 2015, SI 2015/878, which require UK financial institutions to report information on certain non-resident account holders to His Majesty’s Revenue and Customs (HMRC) for exchange under international agreements. The amendments update the rules to reflect international developments, including changes to the OECD’s Common Reporting Standard, and enhance the effectiveness of the reporting regime.

HMRC has published its latest Stakeholder Digest (24 June 2025).

These Regulations are made to provide an exemption from Stamp Duty and Stamp Duty Reserve Tax (SDRT) for transfers of shares in connection with trading activity that takes place on a Private Intermittent Securities and Capital Exchange System (PISCES) under the PISCES sandbox arrangements.

23 June 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

HMRC has published Issue 132 of the Agent Update, providing a round-up of updates and reminders for tax practitioners.

The CIOT has published a response to the HMRC consultation on Closing in on promoters of tax avoidance.

The CIOT has published a response to the HMRC consultation on Behavioural penalties reform.

The CIOT has published a response to the HM Tresaury consultation on Advance tax certainty for major projects.

16 June 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The CIOT has welcomed the confirmation of additional resources for HMRC in the Government’s Spending Review and has set out a number of ways the money could be spent effectively to improve HMRC’s efficiency and deliver better service to taxpayers and agents.

HM Treasury has published a policy paper setting out the principles that will guide how the Government designs and delivers tax policy changes.

The FTT has updated its guidance on oral evidence from abroad.

HMRC has provided an update to the CIOT on the guidance relating to capital allowances and the areas of uncertainty identified by stakeholders. The update outlines the revisions made to the existing guidance and the areas that remain under review.

9 June 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The OECD has expanded the scope of the Common Reporting Standard to include specific electronic money products and central bank digital currencies, and indirect investments in cryptoassets.

2 June 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

27 May 2025 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The OECD has updated some of its transfer pricing country profiles, and profiles for Azerbaijan and Pakistan have been published for the first time.

HMRC has updated its guidance on the disclosure of tax avoidance schemes (DOTAS).

This Order is made to amend Schedule 10 (Group Relief) and Schedule 10A (Sub-sale Development Relief) of the Land and Buildings Transaction Tax (Scotland) Act 2013 (LBTT(S)A 2013) to modify paragraph 7 of Schedule 10 in order to extend group relief in non-partition demergers.