This February, we delve into a range of developments that may affect you and your organisation, including tax refunds owed by HMRC, inheritance tax reliefs, updates on Making Tax Digital and VAT compliance.
In the February 2026 issue of our In the know: tax, we look at a range of developments that may affect you or your organisation, from whether you could be owed a tax refund and inheritance tax reliefs, to updates on Making Tax Digital and VAT compliance.
Our aim is to help you stay informed, prepared and confident in your decision-making. Whether you want to optimise reliefs, stay ahead of reporting requirements or protect your personal finances, we highlight what has changed, why it matters and what action you may need to take.
In this edition, we cover:
- Could you be owed a tax refund?
- Making Tax Digital: what sole traders and landlords need to know
- Welcome changes to inheritance tax
- New online process for reporting VAT errors
- High Income Child Benefit Charge: new option to pay through PAYE
- Why you should check AI output before you rely on it
- VAT: HMRC gets the last laugh
- What you should know about HMRC’s use of algorithms
- Charity tax: key compliance changes from April 2026
