The Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Bill, introduced on 26 August 2025, was reported back to the House on 9 March 2026. 

For more information see:

• the Bill as reported back
• the Taxation (Annual Rates for 2025–26, Compliance Simplification, and Remedial Measures) Bill, and
• the Departmental Report

Inland Revenue has launched public consultation on proposals to improve the way new loans by companies to shareholders are taxed.

Officials are seeking feedback to gain a better understanding of whether the current tax treatment of both software development expenditure and software as a service (SaaS) customisation and configuration costs leads to the correct outcomes.

Inland Revenue is seeking feedback on a draft of its next long-term insights briefing. Long-term insights briefings are future-focused think pieces that government departments produce every three years. They provide information on long-term trends, risks and opportunities as well as possible policy responses. The briefings are developed by departments independently of ministers and are not current government policy.

The Government wants to hear public views on a set of proposals for improving Working for Families. The intention is to make Working for Families more accurate which would help prevent families from going into debt.