UK increases VAT-free threshold to £39

The UK government has announced a 20% reduction in business rates bills for pubs, social clubs and live music venues across England from April 2027, a move expected to benefit nearly 32,000 venues and save the typical pub an estimated GBP 1,100 in

The UK government has announced today, 21 July 2026, that VAT on domestic electricity bills will be reduced from 5% to 0% from 1 October 2026, providing support to households ahead of the next Ofgem price cap as part of a package of cost-of-living

After a quiet start, the week in UK trade policy was defined by a massive mid-week surge of activity. The dominant events were a significant liberalisation for Indian agricultural goods, with hundreds of new 0% duties taking effect, and a swift

The UK government has published a series of draft Finance Bill 2026 measures proposing changes across several indirect taxes and duties, including the Soft Drinks Industry Levy, Air Passenger Duty (APD), Alcohol Duty, Landfill Tax, VAT and Vehicle

The UK’s His Majesty's Revenue and Customs (HMRC) has launched three tax consultations as part of the Finance Bill 2026 programme, seeking views on changes to the recovery framework for National Insurance contributions (NICs), reforms to Land

The UK HMRC has published policy papers, draft legislation, and explanatory notes covering two proposed tax measures: the introduction of a new Oil and Gas Revenue Levy to replace the existing Energy Profits Levy, and reforms to the foreign