In the know: the tax changes making the headlines - Issue five

Keeping up with tax and regulatory change is no small task. The June 2026 edition of 'In the know: tax' brings together the key developments businesses and individuals need to be aware of right now, clearly explained and with practical guidance on next steps.

This edition covers a wide range of important updates, including:

• Companies House shake-up – new identity verification requirements under the Economic Crime and Corporate Transparency Act 2023 (ECCTA), plus sharply increased penalties for late filing of Corporation Tax returns from April 2026
• VAT error correction rules – what's changed and how to stay compliant following HMRC's removal of VAT Form 652
• AEOI registration for trusts and companies – mandatory registration requirements that many organisations may not yet be aware of, with significant penalties for non-compliance
• new VAT treatment for business donations to charity – a welcome change from April 2026, but with important conditions donor businesses must meet
• low value exports to the EU – new interim customs duty rules taking effect from 1 July 2026 that will impact e-commerce businesses
• Making Tax Digital facts vs myths – cutting through the confusion around MTD for income tax as the rollout gathers pace
• tax relief for employees – what's new, what's been scrapped, and how employers can structure tax-efficient benefit packages
• state pension age – practical steps employers need to take as the phased increase from 66 to 67 begins
• Statutory Sick Pay reform – major changes under the Employment Rights Act 2025, including day-one entitlement and the removal of the Lower Earnings Limit
• divorce and pensions – why pensions must not be overlooked in financial settlements
• tax codes and refunds – with 5.6 million taxpayers overpaying HMRC last year, find out how to check your code and reclaim what you're owed.

Download the latest issue below