Narrowing the Taxation Gap: HMRC Unveils Significant Taxation Measures

Horridgedash196031 Oct, 2025Other

The latest article explores the new draft legislation and tax updates announced by the Treasury, summarising key reforms. It covers measures focused on the tax gap, highlighting stricter agent registration, digital compliance, and tackling avoidance. It also details changes to inheritance tax relief, pension pots, employee car schemes, and a digital-first HMRC roadmap aiming for 90% digital interactions by 2030. The piece features Making Tax Digital for Income Tax, with exemptions, new rules, and software requirements, and demonstrates how accountants can help clients navigate these reforms.