This week’s miscellaneous updates – 27 April 2026

In this week’s detailed miscellaneous updates which you can read more about below, HMRC is holding webinars on the new temporary repatriation facility which commenced from 6 April 2025, and HMRC is writing to businesses which may have missed the deadline to register for the UK’s Pillar 2 online service.  

Readers should also note the following: 

• HM Treasury has published the final version as it has been laid in Parliament of its ‘Charter for Budget Responsibility – Autumn 2025’ publication which sets out sets out the Government's approach to fiscal policy and management of the public finances, 
• HMRC has recently updated its VAT Government and Public Bodies manual to reflect the findings of the Supreme Court in Northumbria Healthcare NHS Foundation Trust [UKSC/2024/0048] in which it was held that HMRC correctly treated hospital car parking charges as subject to VAT, 
• The minutes of the 131^st Joint VAT Consultative Committee meeting in January 2026, which the Institute was represented at, have been published, 
• The Government has published a call for evidence on the taxation of stablecoins which closes next week on 7 May, 
• The Institute for Fiscal Studies has published ‘Assessing recent changes to the Soft Drinks Industry Levy’ (SDIL) which concludes that planned reforms to the SDIL will have little impact on the government’s efforts to tackle obesity, and 
• Updated HMRC guidance has been published which confirms that trusts must be registered with the Trust Registration Service before they can create a capital gains tax on UK property account or submit a paper return, even if the trust is usually exempt. 

Temporary repatriation facility webinars 

HMRC is delivering webinars this week and next on the temporary repatriation facility (TRF), a time limited measure available for the tax years 2025/26, 2026/27, and 2027/28 which allows former remittance basis users to designate unremitted or uncertain amounts of foreign income and gains in order to pay a reduced tax rate.  

Each webinar will explain what the TRF is, how it works, and who can use it, and will cover:    

• the designation process,  
• qualifying overseas capital,
• uncertain amounts,  
• time limits and record-keeping, 
• mixed‑fund ordering rules,  
• offshore transfer rules, and 
• joint accounts and third parties.  

The webinars will also look at how the rules apply in practice, with plenty of examples. However they won’t cover the planned extension of the TRF to trusts which will be addressed in a future webinar. Register now for one of the 90 minute live webinars on 27 April or 6 May 2026.  

Pillar 2 letters  

Last month HMRC began writing to those businesses which it believes has missed the deadline to register for the UK’s Pillar 2 domestic top-up tax and multinational top-up tax HMRC online service. The letter sets out who needs to register, and the actions the business should take. Businesses must take appropriate action within 42 days of the date of the letter.  

The letter also highlights that the group must decide which entity is responsible for completing the Pillar 2 registration. This will be the Ultimate Parent Entity, unless it nominates another entity in the group to be a Nominated Filing Member. 

If a group meets the requirements to register, it must register the group using HMRC’s Pillar 2 online services. If a group has already registered, the group is asked to email HMRC at pillar2mailbox@hmrc.gov.uk. If the group consider that it is not in the scope of the Pillar 2 rules, it should similarly email HMRC using the same mailbox address.