HMRC has published its latest newsletter on the public service pensions remedy updating stakeholders on the Calculate your public service pension adjustment service, interim process for members, and how you can help HMRC make improvements to the service.

HMRC has published its latest public service pensions remedy newsletter for July 2026 to update stakeholders on the latest news on the public service pensions remedy.

HMRC has published its latest newsletter on the public service pensions remedy, updating stakeholders on the calculating your public service pension adjustment service, and providing detail on reporting interest as savings income for members, reclaiming unauthorised payments charges (including offsetting) under the mandating procedure, and how you can help HMRC make improvements to the service.

HM Revenue & Customs (HMRC) has published a policy paper introducing a measure to lower the Making Tax Digital (MTD) for Income Tax mandation threshold from £30,000 to £20,000 from 6 April 2028, thereby bringing around 970,000 additional sole traders and landlords into scope of digital record-keeping and quarterly reporting requirements using compatible software. The measure aims to improve tax accuracy, reduce errors, and support the transition to a modern digital tax system, building on the phased rollout of MTD since 2019. Implemented through the Income Tax (Digital Obligations) Regulations 2026, it amends the definition of mandated taxpayers and provides for exemptions where digital compliance is not feasible. The policy is expected to increase Exchequer revenue, reaching £155m annually by 2030–31, without significant macroeconomic or wider household impacts. Affected individuals are expected to incur transitional and ongoing compliance costs, estimated at £380m and £101m per year respectively, although these may be partly offset by benefits such as reduced administrative errors, time savings, and improved financial management. HMRC will provide support for affected taxpayers and monitor the measure’s effectiveness through ongoing evaluation.

HM Revenue and Customs (HMRC) has published a report based on research by IFF Research into employers’ views on salary sacrifice for pension contributions. The study, undertaken from 30 May–3 August 2023 with 50 in-depth interviews involving HR and finance professionals, has examined the motivations for using the arrangement, its administrative effects, and the possible influence of changes to National Insurance and tax rules. Employers using salary sacrifice have indicated that the arrangement is straightforward to manage, provides notable National Insurance savings for both employer and employee, and contributes to employee retention and recruitment. In contrast, employers not using the arrangement have pointed to additional administrative requirements, a limited grasp of the associated benefits, and challenges for smaller businesses. The research also outlines three scenarios involving adjustments to tax and National Insurance exemptions, with responses ranging from mixed to predominantly negative when additional costs are imposed.

HMRC has published Technical Note 2 on the Inheritance Tax (IHT) treatment of pensions, providing further detail on reforms legislated in the Finance Act 2026 under which most unused pension funds and pension death benefits will be brought within a deceased person's estate for IHT purposes from 6 April 2027. The note elaborates on five information-sharing stages between personal representatives and pension scheme administrators under the Registered Pension Schemes (Provision of Information) (Miscellaneous Amendments) Regulations 2026, SI 2026/818: (1) notification of death and provision of basic information, including the value of notional pension property; (2) further information where an IHT account is required; (3) withholding notices; (4) payment notices under the Pensions Direct Payment Scheme and (5) information concerning payment of tax-free lump sum death benefits. The note also addresses changes to information-sharing requirements concerning the lump sum and death benefit allowance and the clearance process for personal representatives. It includes draft templates for withholding and payment notices alongside draft guidance on personal representative identity verification. HMRC expects to lay two further statutory instruments ahead of April 2027, amending split scheme and excepted estate regulations respectively.

HMRC has updated its statistics on trusts in the UK to include data on Trust Registration Service (TRS) registrations. Statistics show that the TRS had 198,000 trusts and estates registered up to 31 March 2022. Around one-fifth of these trusts and estates were registered between 1 April 2021 and 31 March 2022, when there were 38,000 new registrations. HMRC state this was influenced by the 1 September 2022 deadline for the registration of all UK express and non-express trusts even if they have no tax liability, unless they are exempt. The data also shows the downwards trend across UK trusts paying tax at the special trust rate, together with interest in possession trusts, continued into the 2020/21 tax year, with the total number of trusts and estates in the UK submitting self-assessment returns being 6% down on the previous year.

HMRC has published a summary of responses to its consultation on the effectiveness of land remediation relief (LRR). The consultation was first announced at Autumn Budget 2024 and ran from 21 July 2025 to 25 September 2025. The summary of responses highlighted a number of concerns with the current regime, including restrictive eligibility conditions, the outdated derelict land rules, complexity in making claims and the delayed timing of relief for housebuilders. The government sees a compelling case for reforming LRR and will consult with industry over the coming months to explore whether viable, cost-effective reforms can be made to improve the relief.

HMRC has published its tax gap statistics for the 2023-24 tax year

HM Revenue & Customs (HMRC) has published a technical note on reforms to the inheritance tax treatment of pensions legislated for in Finance Act 2026.

HMRC has published three new insolvency practitioner bulletins (10, 12, and 14) addressing Members Voluntary Liquidation (MVL) processes, confidentiality in personal insolvencies, and practitioner appointments. These guidance documents outline updated MVL requirements, detail the specific circumstances in which disclosure is permitted in personal insolvencies, and explain the procedures for submitting appointment nomination requests. The bulletins offer technical guidance on establishing tax positions, preparing pre-appointment returns, and communicating effectively with HMRC teams.

HMRC has published two new insolvency practitioner bulletins. Bulletin 7 offers guidance on pre-pack sales in insolvency, detailing the responsibilities, setup procedures, and requirements of the Pay As You Earn (PAYE) scheme. Bulletin 8 addresses the use of notices of intended dividends (NOIDs) in Members’ Voluntary Liquidations (MVLs). It responds to the increased number of NOID submissions following the end of MVL clearance and provides guidance on their efficient use in line with legislative requirements.