Fiscal Policy
New HMRC registration service delivers tax reference in 72 hours
The UK’s online Self Assessment registration now includes pre-filled forms and a save-and-return function.
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André Loranger appointed UK National Statistician
Canada’s chief statistician, Loranger, will lead the UK official statistics system on a five-year fixed term.
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UK government lawyers receive updated legal-risk guidance
The guidance updates risk-assessment and escalation procedures for lawyers advising UK ministers.
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HMRC details temporary zero VAT plan for domestic electricity in Great Britain
The 8 September tax note sets out a 0% rate for qualifying electricity supplies during 1 October 2026–31 March 2027.
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England pauses parts of local-government reorganisation for review
Following new legal advice, ministers withdrew or paused several local-government reorganisation plans.
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Philippines opens nationwide consultations on bill to raise tax exemption threshold
The proposed ProGRESS package would increase the personal income-tax exemption, exempt small businesses from minimum corporate tax and expand selected excises.
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HMRC sets out 1 October start date for vaping duty
HMRC’s 1 September notice sets a £2.20 duty per 10 millilitres of vaping liquid, with or without nicotine.
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HMRC collects £391.6 billion in tax and National Insurance over five months
The UK tax authority’s monthly statistics show a £24.9 billion increase from the same period a year earlier.
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France’s 2027 budget proposal targets a €54 billion fiscal adjustment
The government plan aims to lower the deficit to 5% of GDP through spending control and limited tax changes.
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EU customs reform enters into force with data-hub and parcel-fee timetable
The new rules establish a common customs code and EU Customs Authority while phasing in a shared data hub.
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EU KIDS Act proposal sets age-based social-media access
The Commission proposal bars social-media access under 13 and proposes parent-managed accounts limited to one hour daily for ages 13–14.
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India raises wage ceiling for mandatory provident-fund coverage
India raised the monthly wage ceiling for mandatory EPFO coverage from ₹15,000 to ₹25,000, with about 5.1 million additional workers expected to qualify.
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