From 29 July 2026, the UK Capital Goods Scheme gets its first meaningful simplification in years. Computers drop out of […]
On 7 July 2026 the Upper Tribunal dismissed NHS Ayrshire and Arran Health Board’s appeal on VAT zero-rating for construction
If you run a business that delivers work over months rather than moments — construction, engineering, professional services, software builds,
The 2026 capital allowances regime is fully in force: a new 40% first-year allowance from 1 January 2026, a reduced 14% main pool WDA from April, and unchanged full expensing at 100%. The interaction between them has changed the value of every capex decision you make — here is the hierarchy, the claw-back risks, and eight CFO actions before your next capital budget.
HMRC’s consultation on US LLCs and reverse hybrid entities closes 31 July 2026. Effective tax rates exceeding 75% for UK-resident individual members. Six CFO actions before the deadline — including mapping LLC exposures, quantifying costs, and responding to HMRC.
The Public Accounts Committee’s July 2026 large business tax compliance report reveals £21bn under international investigation, a £600m annual Pillar 2 shortfall from the US exemption deal, and a decade-old enforcement regime that has never been used. Here is what it means for CFOs — and seven actions to take now.
HMRC has expanded its Transfer Pricing and Profit Diversion Compliance Facility, replacing Diverted Profits Tax with UTPP and broadening scope to all significant transfer pricing risks. With the International Controlled Transactions Schedule arriving in 2027, the window to act on favourable terms is narrowing. Here is what every multinational CFO needs to do now.
HMRC’s Advance Tax Certainty Service launched on 1 July 2026, offering binding statutory clearance on Corporation Tax, VAT, SDLT, PAYE and CIS for major UK investment projects over £1 billion. Here is what every CFO with large capex in the pipeline needs to know — including the process, the limitations, and seven actions to take now.
On 7 July 2026, the Upper Tribunal ruled that Invisalign clear aligners are not dental prostheses and are standard-rated for VAT. HMRC v Align Technology Switzerland GmbH [2026] UKUT 00256 (TCC) reverses the FTT’s opposite conclusion and creates immediate obligations for any business that relied on the earlier decision. Here is what every CFO in healthcare, dental, medical devices, or life sciences must do right now.
A February 2026 First-tier Tribunal ruling has shifted the burden of proof on HMRC’s Joint and Several Liability Notices. Combined with a £175m AI enforcement contract, every director who has been connected to a restructured or insolvent company since 2020 needs a personal risk assessment now.
