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Recent changes
UK Business Price Growth and Inflation Expectations
The Bank of England's Decision Maker Panel survey for February 2026 shows realised annual own-price growth at 3.7%, unchanged from the previous month. Year-ahead own-price inflation expectations decreased slightly to 3.4%. The survey also noted a decrease in expected CPI inflation and a slight decline in realised wage growth.
Fuel Duty Cut Extended to August 2026
HM Revenue & Customs has extended the temporary cut in fuel duty rates until the end of August 2026. Fuel duty rates will gradually return to March 2022 levels through phased increases starting September 1, 2026.
Advance Corporation Tax Reform
HM Revenue & Customs is reforming the Advance Corporation Tax (ACT) regime, repealing shadow ACT rules. This change allows unrelieved surplus ACT balances to be offset against Corporation Tax liabilities without restrictions, effective from April 1, 2026.
New £2.5 million allowance for property tax relief
New £2.5 million allowance for property tax relief
Technical Amendments to Residence-Based Tax Regime
HM Revenue & Customs has published technical amendments to the residence-based tax regime introduced in the Finance Act 2025. These amendments aim to ensure the regime operates as originally intended without altering the underlying policy. The changes affect Income Tax, Capital Gains Tax, and Inheritance Tax.
Minor Changes to Employer Provided Benefits Policy
HM Revenue & Customs has published minor changes to employer-provided benefits policy and administration. This notice confirms updates related to measure numbers B25-11-062 and B25-11-063.
CBAM Certificate Price Publication Schedule and Tender Deadline
The European Commission has announced the publication schedule for the first Carbon Border Adjustment Mechanism (CBAM) certificate prices, which will be based on EU ETS auction clearing prices for 2026. Importers will need to purchase these certificates starting February 2027. A call for tenders for the Common Central Platform has also been issued, with offers due by March 20, 2026.
State v. Hernandez - Arizona Rape Shield Law Evidence Ruling
The Arizona Court of Appeals ruled that a subsection of the state's Rape Shield Law, A.R.S. § 13-1421(A)(2), which allows evidence of a victim's sexual conduct to show the source of trauma, does not apply to mental or emotional trauma, only physical trauma. This ruling impacts the admissibility of certain evidence in sex offense trials.
Northern Ireland Family Proceedings Fees Increase
The Department of Justice in Northern Ireland has issued the Family Proceedings Fees (Amendment) Order (Northern Ireland) 2026, increasing various court fees. These changes, which will take effect on April 1, 2026, are part of a phased increase scheduled to continue until April 1, 2028.
Tertiary Education and Research (Wales) Act 2022 Commencement Order
The Welsh Ministers have issued the Tertiary Education and Research (Wales) Act 2022 (Commencement No. 7) Order 2026, bringing significant provisions of the Act into force on April 1, 2026. This order details the commencement of sections related to quality assurance, inspections, information provision, intervention powers, and financial support for tertiary education and research in Wales.
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