October 2026 Check if you need to pay tax when you receive cryptoassets – HMRC update guidance 6 October 2026 HMRC have updated their guidance Check if you need to pay tax when you receive cryptoassets. “Find out if you...
October 2026 IHT on pensions – CIOT anticipates administrative problems and makes recommendations to solve them 5 October 2026 The CIOT has made a budget representation to the government about the problems it believes will be caused by the...
October 2026 IHT – Tell HMRC about an ending of a conditional exemption – HMRC update form IHT100f guidance 2 October 2026 HMRC have updated their guidance on form IHT100f, Tell HMRC about an ending of a conditional exemption. “Use this form...
October 2026 EIS deferral relief – consideration as to whether a loan and security agreement was a “security” – permission to adduce expert evidence refused – Blackwell Family Trust & Ors 2 October 2026 In the case of The Nigel Blackwell Family Trust & Ors v HMRC UKFTT 1361 (TC), the FTT has refused...
October 2026 Share valuation – HMRC application to amend statement of case and rely on expert evidence refused – Dhanani 2 October 2026 In the case of Dhanani v HMRC UKFTT 1358 (TC), the FTT has refused permission to HMRC to amend its...
October 2026 SDLT – MDR – pool house did not have sufficient privacy to be a single dwelling – Smith 1 October 2026 In the case of Smith v HMRC UKFTT 1351 (TC), the FTT has dismissed an appeal against an HMRC decision...
September 2026 CGT – negligible values – updated list to end of August 2026 28 September 2026 HMRC’s list of shares which have been declared as being of negligible value has been updated and is now valid...
September 2026 Property disposal – Appellant was absolutely entitled as against a trustee and thus liable to CGT – discovery assessment valid but quantum of gain subject to adjustment – Kaur 21 September 2026 In the case of Kaur v HMRC UKFTT 1277 (TC), the FTT has allowed in part an appeal against a...
September 2026 CGT – shares had no voting rights so BADR not available – Poznic 11 September 2026 In the case of Poznic v HMRC UKFTT 1298 (TC), the FTT has dismissed an appeal against a closure notice...
September 2026 ATED – permission to make late appeals – late filing penalty appeal admitted and allowed – late payment penalty application refused – no appealable decision in respect of relief claim – Mountrail Company holdings Ltd 11 September 2026 In the case of Mountrail Company Holdings Ltd v HMRC UKFTT 1296 (TC), which involved the annual tax on enveloped...
September 2026 Tell HMRC that inheritance tax is due on the 10 year anniversary of a trust – HMRC update form IHT100d 3 September 2026 HMRC have updated form IHT100d Tell HMRC that Inheritance Tax is due on the 10 year anniversary of a trust....
August 2026 IHT and pensions – HMRC Technical note 2 27 August 2026 HMRC have published a policy paper Technical note 2: Further information on Inheritance Tax and Pensions. The extensive new guidance...
August 2026 Income tax and CGT – discovery – penalties – whether behaviour fraudulent and deliberate – Anderson 25 August 2026 The FTT dismissed the appeals of the taxpayers in Anderson v HMRC UKFTT 1229 (TC). Income Tax/Capital Gains Tax –...
August 2026 CGT – renting property while pursuing development opportunities did not invalidate claim for entrepreneurs’ relief – Pontin & Ors 17 August 2026 In the case of Pontin & Ors v HMRC UKFTT 1166 (TC), the FTT has upheld an appeal against an...
August 2026 One-to-many campaign – borderline excepted estates 14 August 2026 The CIOT has reported that HMRC have begun a campaign targeting agents who have submitted returns showing estates as excepted...
August 2026 IHT – ATT calculates 50-year-inflation-adjusted marriage exemption as £40,000 13 August 2026 The ATT has called for reform of the IHT gifting exemptions available to taxpayers. The ATT has noted that the...
August 2026 HMRC Trusts and Estates Newsletter August 2026 13 August 2026 HMRC have published their August 2026 newsletter, with articles on the following: Borderline excepted estates — supporting agents to get...
August 2026 Contractor loan scheme – HMRC had discharged burden of proof to show loans were earnings and valid discovery was made – Bates 11 August 2026 In the case of Bates v HMRC UKFTT 1135 (TC), the FTT has dismissed an appeal against a discovery assessment...
August 2026 SDLT – accumulation of factors meant that property was no longer suitable as a dwelling – residential rate did not apply – Oakwood Great Oak Ltd 11 August 2026 In the case of Oakwood Great Oak Ltd v HMRC UKFTT 1138 (TC), the FTT has allowed the appeal against...
August 2026 IHT pensions reforms – CIOT warns government of potential issues and makes recommendations 11 August 2026 The CIOT has written to James Murray, the new Financial Secretary to the Treasury, warning of problems it can foresee...
August 2026 IHT on pension funds from April 2027 – technical overview 5 August 2026 From 6 April 2027, unused pension funds on death will generally be subject to IHT. In this article, we précis...
August 2026 IHT – references to “individual” and “life” did not preclude corporate settlor from secondary liability to ten-year charge – Lexgreen Services Ltd 4 August 2026 In the case of Lexgreen services Ltd v HMRC UKUT 289 (TCC), the UT has dismissed an appeal against the...
August 2026 CGT exemption for gilts – list updated 2 August 2026 HMRC publish a list of “gilt-edged stocks and bonds charged on the National Loans Fund”. This has been updated (30...
July 2026 IHT – denial of BPR on provision of serviced offices – UT holds FTT erred in law but judges no relief available – Executors of Beresford 30 July 2026 In the case of The Executors of Beresford (Deceased) v HMRC UKUT 285 (TCC), the UT has found the FTT...
July 2026 SDLT – missed MDR claim – UT agrees no claim for overpayment relief was made – claim would have failed in any event – Warner 28 July 2026 In the case of Warner v HMRC UKUT 284 (TCC), in which Mr Warner attempted to make a late claim...
July 2026 SDLT – UT dismisses HMRC appeal against successful claim for overpayment relief under FA 2003, Sch. 10, para. 34 – Candy 28 July 2026 In the case of HMRC v Candy UKUT 282 (TCC), the UT has dismissed an appeal from HMRC against the...
July 2026 CGT – BADR claim was not excluded from the “matter in question” – appeal not struck out – Knight 24 July 2026 In the case of Knight v HMRC UKFTT 1087 (TC), the FTT has allowed some parts of an application by...
July 2026 Reducing the value of an estate for IHT and avoiding IHT on a lifetime transfer by acquiring shares in a company and gifting those shares to an employee trust – GAAR Advisory Panel publishes opinion 23 July 2026 NOTE: THIS OPINION WAS PUBLISHED EARLIER IN MAY 2026 (SEE THE CLARITAX NEWS STORY) BUT THEN APPEARED TO BE WITHDRAWN...
July 2026 IHT – Court of Appeal confirms promissory note was effective in reducing value of settled property – Executors of Elborne Deceased & Ors 18 July 2026 In the case of Executors of Elborne Deceased & Ors v HMRC EWCA Civ 894, the Court of Appeal has...
July 2026 What to include in a Stamp Duty Land Tax calculation – HMRC update guidance 16 July 2026 HMRC have updated their guidance What to include in a Stamp Duty Land Tax calculation. “Find out what transactions to...
July 2026 One-to-many letters – rollover relief claims 14 July 2026 The ICAEW has reported that HMRC are writing to taxpayers who have made a provisional claim for business asset rollover...
July 2026 Cryptoasset loans and liquidity pools – HMRC publish policy paper 13 July 2026 HMRC have published the policy paper Cryptoasset loans and liquidity pools. “This measure is about the treatment of certain disposals...
July 2026 SDLT – Unit in grounds of property was chattel and not land – MDR therefore not relevant – Lambourne & Anor 12 July 2026 In the case of Lambourne & Anor v HMRC UKFTT 997 (TC), the FTT has dismissed the appeal against an...
July 2026 IHT – sub-trusts were relevant property – 10-year anniversary charge applied – quantum varied – McIlhone 7 July 2026 In the case of McIlhone v HMRC UKFTT 995 (TC), the FTT has dismissed the appeal against an HMRC decision...
June 2026 How to send a Stamp Duty Land Tax return – HMRC publish new guidance 29 June 2026 HMRC have published the guidance How to send a Stamp Duty Land Tax return. “Find out how to send a...
June 2026 SDLT – insufficient evidence existed to support MDR claim – Henry 23 June 2026 In the case of Henry v HMRC UKFTT 921 (TC), the FTT has dismissed an appeal against HMRC’s refusal to...
June 2026 Capital Gains Tax relief on gifts of business assets – HMRC publish policy paper 23 June 2026 HMRC have published the policy paper Capital Gains Tax relief on gifts of business assets. “This tax information and impact...
June 2026 Request a pre-return banding check for Annual Tax on Enveloped Dwellings – HMRC publish new guidance 16 June 2026 HMRC have published new guidance Request a pre-return banding check for Annual Tax on Enveloped Dwellings. “Use the online form...
June 2026 Tax mitigation scheme was effective – UT confirms discovery assessments were valid and LLP was not trading but was carrying on a business – GCH Corporation Ltd & Ors 15 June 2026 In the case of HMRC v GCH Corporation Ltd & Ors UKUT 219 (TCC), in a lengthy judgment the UT...
June 2026 A fairer end to relationships – open consultation considers reforming the law for cohabitants on intestacy 9 June 2026 The Ministry of Justice has launched the open consultation A fairer end to relationships. One area that it seeks representations...
June 2026 Affordability of home ownership – government report addresses impacts of SDLT 9 June 2026 The government’s report Affordability of home ownership contains a section considering the impacts of SDLT. It concludes that: “Stamp Duty...
June 2026 Apply for an Inheritance Tax reference – IHT update form IHT422 5 June 2026 HMRC have updated the form Apply for an Inheritance Tax reference (IHT422). “Apply for an Inheritance Tax reference number before...
June 2026 Land transaction tax – properties suitable for use as dwellings – WRA updates guidance 3 June 2026 The Welsh Revenue Authority has updated its guidance LTTA/1052 Buildings unsuitable for use as dwellings and removal of fixtures and...
June 2026 IHT – APR and BPR reform – High Court refuses permission for judicial review of government consultation – The King (on the application) of Martin & Ors 2 June 2026 In the case of The King (on the application) of Martin & Ors v The Chancellor of the Exchequer &...
June 2026 Inheritance Tax on pensions – personal representatives – HMRC update technical note 2 June 2026 HMRC have updated the policy paper Inheritance Tax on pensions: technical note. “This technical note provides further detail on measures...
May 2026 SDLT – field acquired with residential property – informal grasss-keep arrangement not sufficient to establish mixed use – residential rates applied – Sinclair 31 May 2026 In the case of Sinclair & Anor v HMRC UKFTT 798 (TC), the FTT has dismissed the appeal against HMRC’s...
May 2026 IHT account – HMRC update form IHT400 22 May 2026 HMRC have updated their form Complete your Inheritance Tax account (IHT400). “Apply for probate or confirmation if there’s Inheritance Tax...
May 2026 IHT – claim for relief – loss on sale of land – HMRC update form IHT38 21 May 2026 HMRC have updated their form Inheritance Tax: claim for relief – loss on sale of land (IHT38). “Use form IHT38...
May 2026 Inheritance tax on pensions — information sharing regulations – HMRC launch consultation 18 May 2026 HMRC have launched the consultation Inheritance tax on pensions — information sharing regulations. “HM Revenue and Customs (HMRC) has published...
May 2026 GAAR Advisory Panel opinion – reducing the value of an estate and avoiding IHT on a lifetime transfer by acquiring shares in a company and gifting them to an employee trust 14 May 2026 UPDATE: FOLLOWING THIS REPORT, THIS OPINION APPEARED TO HAVE BEEN REMOVED (IT WAS NOTED AS MISSING AS AT 10 JUNE...
October 2026
Check if you need to pay tax when you receive cryptoassets – HMRC update guidance
October 2026
IHT on pensions – CIOT anticipates administrative problems and makes recommendations to solve them
October 2026
IHT – Tell HMRC about an ending of a conditional exemption – HMRC update form IHT100f guidance
October 2026
EIS deferral relief – consideration as to whether a loan and security agreement was a “security” – permission to adduce expert evidence refused – Blackwell Family Trust & Ors
October 2026
Share valuation – HMRC application to amend statement of case and rely on expert evidence refused – Dhanani
October 2026
SDLT – MDR – pool house did not have sufficient privacy to be a single dwelling – Smith
September 2026
CGT – negligible values – updated list to end of August 2026
September 2026
Property disposal – Appellant was absolutely entitled as against a trustee and thus liable to CGT – discovery assessment valid but quantum of gain subject to adjustment – Kaur
September 2026
CGT – shares had no voting rights so BADR not available – Poznic
September 2026
ATED – permission to make late appeals – late filing penalty appeal admitted and allowed – late payment penalty application refused – no appealable decision in respect of relief claim – Mountrail Company holdings Ltd
September 2026
Tell HMRC that inheritance tax is due on the 10 year anniversary of a trust – HMRC update form IHT100d
August 2026
IHT and pensions – HMRC Technical note 2
August 2026
Income tax and CGT – discovery – penalties – whether behaviour fraudulent and deliberate – Anderson
August 2026
CGT – renting property while pursuing development opportunities did not invalidate claim for entrepreneurs’ relief – Pontin & Ors
August 2026
One-to-many campaign – borderline excepted estates
August 2026
IHT – ATT calculates 50-year-inflation-adjusted marriage exemption as £40,000
August 2026
HMRC Trusts and Estates Newsletter August 2026
August 2026
Contractor loan scheme – HMRC had discharged burden of proof to show loans were earnings and valid discovery was made – Bates
August 2026
SDLT – accumulation of factors meant that property was no longer suitable as a dwelling – residential rate did not apply – Oakwood Great Oak Ltd
August 2026
IHT pensions reforms – CIOT warns government of potential issues and makes recommendations
August 2026
IHT on pension funds from April 2027 – technical overview
August 2026
IHT – references to “individual” and “life” did not preclude corporate settlor from secondary liability to ten-year charge – Lexgreen Services Ltd
August 2026
CGT exemption for gilts – list updated
July 2026
IHT – denial of BPR on provision of serviced offices – UT holds FTT erred in law but judges no relief available – Executors of Beresford
July 2026
SDLT – missed MDR claim – UT agrees no claim for overpayment relief was made – claim would have failed in any event – Warner
July 2026
SDLT – UT dismisses HMRC appeal against successful claim for overpayment relief under FA 2003, Sch. 10, para. 34 – Candy
July 2026
CGT – BADR claim was not excluded from the “matter in question” – appeal not struck out – Knight
July 2026
Reducing the value of an estate for IHT and avoiding IHT on a lifetime transfer by acquiring shares in a company and gifting those shares to an employee trust – GAAR Advisory Panel publishes opinion
July 2026
IHT – Court of Appeal confirms promissory note was effective in reducing value of settled property – Executors of Elborne Deceased & Ors
July 2026
What to include in a Stamp Duty Land Tax calculation – HMRC update guidance
July 2026
One-to-many letters – rollover relief claims
July 2026
Cryptoasset loans and liquidity pools – HMRC publish policy paper
July 2026
SDLT – Unit in grounds of property was chattel and not land – MDR therefore not relevant – Lambourne & Anor
July 2026
IHT – sub-trusts were relevant property – 10-year anniversary charge applied – quantum varied – McIlhone
June 2026
How to send a Stamp Duty Land Tax return – HMRC publish new guidance
June 2026
SDLT – insufficient evidence existed to support MDR claim – Henry
June 2026
Capital Gains Tax relief on gifts of business assets – HMRC publish policy paper
June 2026
Request a pre-return banding check for Annual Tax on Enveloped Dwellings – HMRC publish new guidance
June 2026
Tax mitigation scheme was effective – UT confirms discovery assessments were valid and LLP was not trading but was carrying on a business – GCH Corporation Ltd & Ors
June 2026
A fairer end to relationships – open consultation considers reforming the law for cohabitants on intestacy
June 2026
Affordability of home ownership – government report addresses impacts of SDLT
June 2026
Apply for an Inheritance Tax reference – IHT update form IHT422
June 2026
Land transaction tax – properties suitable for use as dwellings – WRA updates guidance
June 2026
IHT – APR and BPR reform – High Court refuses permission for judicial review of government consultation – The King (on the application) of Martin & Ors
June 2026
Inheritance Tax on pensions – personal representatives – HMRC update technical note
May 2026
SDLT – field acquired with residential property – informal grasss-keep arrangement not sufficient to establish mixed use – residential rates applied – Sinclair
May 2026
IHT account – HMRC update form IHT400
May 2026
IHT – claim for relief – loss on sale of land – HMRC update form IHT38
May 2026
Inheritance tax on pensions — information sharing regulations – HMRC launch consultation
May 2026
GAAR Advisory Panel opinion – reducing the value of an estate and avoiding IHT on a lifetime transfer by acquiring shares in a company and gifting them to an employee trust