Tax and finance news
The latest announcements from HMRC, HM Treasury and the Bank of England, updated through the day. Not sure what a change means for you? Ask us.
HMRC ·
Edition 8: Making Tax Digital for Income Tax — software developer newsletter (opens on GOV.UK)HMRC's newsletter for software developers for Making Tax Digital for Income Tax.
HM Treasury ·
Defence contracts to prioritise British jobs and skills (opens on GOV.UK)Overseas firms winning UK defence contracts to be required to invest benefits back into the UK under new Offsets policy.
HM Treasury ·
Regulators Council: letter on regulator effectiveness and reform (opens on GOV.UK)A letter summarising the Regulator Council meetings in October 2026 including agreeing the terms of reference for the regulator effectiveness and reform work.
Bank of England ·
Bank of England sets out approach to tokenised collateral in central clearing (opens on the Bank of England website)The Bank of England has today launched a consultation supporting central counterparties (CCPs) acceptance of tokenised forms of eligible collateral.
HM Treasury ·
UK boosts support to Ukraine with £10 billion package (opens on GOV.UK)The UK will give a further £10 billion of economic and military support in the largest ever package of financial backing for Ukraine.
HM Treasury ·
Budget 2026 speech (opens on GOV.UK)Budget 2026 speech as delivered by Chancellor John Healey.
HM Treasury ·
Budget 2026 Fact Sheet: Delivering for Every Region (opens on GOV.UK)A factsheet on local and regional growth measures in England.
HM Treasury ·
Further support for Ukraine (opens on GOV.UK)The Chancellor has announced a new package of over £10bn in economic and military support for Ukraine.
HM Treasury ·
Breathing space for Scottish families and businesses at Budget (opens on GOV.UK)Families and businesses in Scotland will get breathing space from action announced in Budget 2026.
HM Treasury ·
Breathing space for Northern Ireland families and businesses (opens on GOV.UK)Families and businesses in Northern Ireland will get breathing space from Budget 2026.
HM Treasury ·
Breathing space for Welsh families and businesses at Budget 2026 (opens on GOV.UK)Families and businesses in Wales will get breathing space from action announced in Budget 2026.
HM Treasury ·
Cutting electric vehicle charging costs (opens on GOV.UK)The government will cut prices at local, lower-powered electric vehicle chargers across Britain, saving drivers who rely on them around £150 a year.
HM Treasury ·
Budget 2026: Breathing space for Welsh families and businesses (opens on GOV.UK)Families and businesses in Wales will get breathing space as a result of action announced in Budget 2026.
HM Treasury ·
Budget 2026: Breathing space for today, hope for the future (opens on GOV.UK)The Chancellor has unveiled a Budget that gives families and businesses breathing space today, while delivering the big structural changes needed for the future.
HM Treasury ·
Monetary policy remit: Budget 2026 (opens on GOV.UK)The Chancellor’s letter to the Bank of England setting the remit for the Monetary Policy Committee.
HM Treasury ·
The Chancellor’s Letter to the National Wealth Fund (opens on GOV.UK)The Chancellor has written to the National Wealth Fund (NWF) to set out where the NWF should sharpen its focus in support of the Government’s priorities.
HM Treasury ·
Government letter to the British Business Bank (opens on GOV.UK)Letter setting out a strategic steer to the British Business Bank following a £2 billion funding uplift at Budget 2026.
HMRC ·
Government response to SSAC Occasional Paper 27: The influence of the social security system on educational and vocational decision-making at age 16 (opens on GOV.UK)Government's response to the Social Security Advisory Committee report on how the social security system influences educational and vocational decision-making at age 16.
HMRC ·
Self Assessment deadline incoming – 100 days to go (opens on GOV.UK)Self Assessment customers have just 100 days to file their tax return for the 2025 to 2026 tax year and pay any tax owed.
Bank of England ·
Regulators unveil plans to simplify Senior Manager and Certification Regime (opens on the Bank of England website)The number of financial services roles required to face enhanced checks from regulators will fall significantly under proposals that will support growth.
Bank of England ·
David Roberts CV and questionnaire for the Treasury Select Committee (opens on the Bank of England website)Published for the Treasury Select Committee
HMRC ·
More than 600,000 families conjure up Hallowe’en savings with Tax-Free Childcare (opens on GOV.UK)Working families urged to sign up to Tax-Free Childcare to save on their childcare costs.
Bank of England ·
CMORG holds sector-wide cloud outage simulation exercise (opens on the Bank of England website)The Cross-Market Operational Resilience Group (CMORG) yesterday (8 October 2026) completed its biennial simulation exercise, known as SIMEX26, focused this year on a global cloud services disruption.
HMRC ·
Starting early is key to less stress around Self Assessment (opens on GOV.UK)Customers encouraged to start their Self Assessment tax return well ahead of the 31 January deadline.
Bank of England ·
Bank of England announces the four animals that will feature on our next series of banknotes (opens on the Bank of England website)The Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will represent UK wildlife and feature as the central images on our next series of banknotes.
Bank of England ·
Regulatory thresholds set to shift to automatic increases (opens on the Bank of England website)Proportionality is set to be improved for firms as over 100 regulatory thresholds could be automatically increased periodically.
HMRC ·
Sole traders and landlords earning more than £30,000 urged to act now (opens on GOV.UK)Sole traders and landlords earning over £30,000 urged to get ready for Making Tax Digital.
Bank of England ·
Appointment of members of the Enforcement Decision Making Committee (EDMC) (opens on the Bank of England website)Following an external recruitment process, the Bank of England has appointed Carlos Conceicao and Alexander Justham as members of its Enforcement Decision Making Committee, with effect from September 2026.
HMRC ·
New Vaping Products Duty comes into effect (opens on GOV.UK)New Vaping Products Duty comes into force from 1 October 2026.
HMRC ·
Edition 7: Making Tax Digital for Income Tax — software developer newsletter (opens on GOV.UK)HMRC's newsletter for software developers for Making Tax Digital for Income Tax.
HMRC ·
Almost 3 million young adults are ‘quids in’ after claiming Child Trust Fund (opens on GOV.UK)Young people urged to go online to find their Child Trust Fund.
HMRC ·
Trader Support Service users urged to prepare for new platform (opens on GOV.UK)Businesses should prepare now before switchover to continue trading.
Bank of England ·
Bank of England announces new office space in Leeds (opens on the Bank of England website)The Bank of England has secured a new long-term premises in Leeds, marking a major milestone in its commitment to build its presence in the region.
HMRC ·
More than £300 million paid out through Help to Save with thousands more savers set to benefit (opens on GOV.UK)Low income earners encouraged to open a Help to Save account in UK Savings Week.
Bank of England ·
Transcript of the Governor's pooled broadcast interview given on 17 September 2026 (opens on the Bank of England website)Following the publication of the Monetary Policy Summary and minutes of the Monetary Policy Committee meeting
Bank of England ·
Monetary Policy Committee dates for 2027 (opens on the Bank of England website)2027 confirmed dates
Bank of England ·
Bank rate maintained at 3.75% - September 2026 Monetary Policy Summary and Minutes (opens on the Bank of England website)The Bank of England’s Monetary Policy Committee is responsible for making decisions about Bank Rate.
Bank of England ·
Chancellor announces Bank of England appointments (opens on the Bank of England website)His Majesty the King and the Chancellor have appointed three new non-executive directors to the Bank of England’s Court of Directors
HMRC ·
Almost 7 million adults in the dark about their State Pension (opens on GOV.UK)HMRC is encouraging people to check their State Pension forecast using the HMRC app during Pension Awareness Week.
Bank of England ·
Announcement of the publication of the Governor's interview transcript (opens on the Bank of England website)Statement from the Bank of England
HMRC ·
Improved Self Assessment registration service launched (opens on GOV.UK)Customers who have income to declare for the 2025 to 2026 tax year encouraged to register for Self Assessment now.
HMRC ·
One month until Vaping Products Duty and the Vaping Duty Stamps Scheme start (opens on GOV.UK)Businesses reminded to prepare for Vaping Duty and Stamps Scheme
HMRC ·
Edition 6: Making Tax Digital for Income Tax — software developer newsletter (opens on GOV.UK)HMRC's newsletter for software developers for Making Tax Digital for Income Tax.
Bank of England ·
Delay to the November 2026 RTGS standards release (opens on the Bank of England website)Bank of England statement
Bank of England ·
Appointment of Chair and Deputy Chair of the Enforcement Decision Making Committee (EDMC) (opens on the Bank of England website)Following an external recruitment process, the Bank of England (the Bank) has appointed Nicholas Segal as Chair of its Enforcement Decision Making Committee (EDMC), and Peter King as Deputy Chair, with effect from 1 August 2026.
Contains public sector information licensed under the Open Government Licence v3.0. Bank of England items link to the Bank’s website. Headlines are shown as published, and AS Associates is not responsible for the content of external sites.