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PRESS RELEASE : One year until Making Tax Digital for Income Tax launches [April 2025]
The press release issued by HM Revenue and Customs on 22 April 2025.
- Making Tax Digital for Income Tax goes live on 6 April 2026 – supporting the government’s Plan for Change to deliver economic growth
- Eligible taxpayers encouraged to sign up to a testing programme now to get ahead of the changes
- Digital record-keeping will deliver time-saving benefits for taxpayers
There is less than a year to go until sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital (MTD) for Income Tax.

The launch on 6 April 2026 marks a significant and ultimately time-saving change in how these individuals will need to keep digital records and report their income to HM Revenue and Customs (HMRC).

By keeping digital records throughout the year, sole traders and landlords can save hours previously spent gathering information at tax return time – allowing them to spend more time focusing on their business activities and in turn, driving economic growth as part of the government’s Plan for Change.

Quarterly updates will spread the workload more evenly throughout the year, bring the tax system closer to real-time reporting and help businesses stay on top of their finances and avoid the last-minute rush.

HMRC is urging eligible customers to sign up to a testing programme on GOV.UK and start preparing now. Agents can also register their clients via GOV.UK.

James Murray MP, Exchequer Secretary to the Treasury, said:

MTD for Income Tax is an essential part of our plan to transform the UK’s tax system into one that supports economic growth.

By modernising how people manage their tax, we’re helping businesses work more efficiently and productively while ensuring everyone pays their fair share.

This is a crucial step in this government’s decade of national renewal and our Plan for Change, as we clear away barriers that hold back growth.

Craig Ogilvie, HMRC’s Director of Making Tax Digital, said:

MTD for Income Tax is the most significant change to the Self Assessment regime since its introduction in 1997. It will make it easier for self-employed people and landlords to stay on top of their tax affairs and help ensure they pay the right amount of tax.

By signing up to our testing programme now, self-employed people and landlords will be able to familiarise themselves with the new process and access dedicated support from our MTD Customer Support Team, before it becomes compulsory next year.

From April 2026, individuals with qualifying income above £50,000 will need to keep digital records, use MTD-compatible software and submit quarterly summaries of their income and expenses to HMRC. These digital requirements will help businesses save time through more efficient record-keeping, reduce errors in tax calculations, and provide a clearer picture of their tax obligations throughout the year.

Qualifying income includes gross income from self-employment and property before any tax allowances or expenses are deducted. Those with qualifying income above £30,000 will also be required to use MTD for Income Tax from April 2027. The threshold will then decrease to £20,000 from April 2028.

The phased introduction of MTD for Income Tax follows the successful implementation of MTD for VAT, which now helps more than two million businesses reduce errors and save time on their tax affairs. Businesses which joined the MTD for VAT testing phase were better prepared for the move to quarterly reporting.

An independent report published in 2021 found that 69% of mandated businesses experienced at least one benefit from MTD for VAT, while 67% reported that it reduced the potential for mistakes in their record keeping.

Further information

MTD was first introduced for VAT-registered businesses in April 2019, with all qualifying businesses required to join from April 2022.

Penalties for late quarterly updates will not apply during the testing phase, providing an ideal opportunity to get used to the new process without risk.

Around 780,000 self-employed individuals and landlords will be required to use MTD for Income Tax from April 2026, with a further 970,000 joining from April 2027.

More information on MTD for Income Tax

More information on finding compatible software
April 22, 2025
PRESS RELEASE : Independent review turns to tackling Britain’s biggest crime [April 2025]
The press release issued by the Home Office on 22 April 2025.

Jonathan Fisher KC has begun work on part 2 of his Independent Review of Disclosure and Fraud Offences.

Better protections for the British public against fraud, and tougher enforcement against the perpetrators, will be the goals of the first independent review carried out in 40 years into the UK’s fraud laws.

Jonathan Fisher KC has begun work on part 2 of his Independent Review of Disclosure and Fraud Offences which marks the first independent review of fraud legislation in the UK since 1986. During this time, the nature and scale of fraud has evolved considerably, with fraud now constituting over 40% of all offences recorded by the Crime Survey for England and Wales.

Where Lord Roskill’s 1986 review focused mostly on the serious fraud committed by corporate entities, the huge increase in fraud offences over the last decade has come at the expense of ordinary consumers and small businesses, targeted by highly organised gangs, many of them based overseas.

The resulting harm to society is severe, with fraud against individuals in England and Wales alone recently estimated to cost more than £6.8 billion every year.

Fraud has also been transformed by the impact of modern technology, with the increasing use of artificial intelligence to create scambots, deepfakes, and websites impersonating established businesses and public authorities. Fraud gangs have the ability to target tens of thousands of Britons every hour through social media, email and telephone, and only need to persuade a small fraction of those individuals to fall for their scams in order to make millions of pounds.

The Home Office will place these emerging threats at the heart of its new, expanded fraud strategy to be published later this year, but it will also be vital to have the independent analysis provided by Jonathan Fisher KC to inform the response required from government, law enforcement and industry. And with international cooperation to disrupt threats a key national security commitment within its Plan for Change, the government is also building a united global response as part of its strategy to tackle fraud.

Part 2 of the Fisher Review will therefore examine the largest challenges faced by law enforcement in bringing criminals committing fraud offences to justice in England and Wales. Specifically, it will consider key issues in each following stage of the fraud life cycle:
- detection and reporting
- disruption
- investigation
- prosecution and offences
- courts
- penalties
- rehabilitation
This follows the publication of part 1 of Jonathan Fisher KC’s review, Disclosure in the Digital Age, which recommended a range of measures to modernise the disclosure system and free up police time, and which is now being taken forward by the Home Office, the Ministry of Justice and the Attorney General’s Office.

Fraud Minister Lord Hanson said:

Fraud is a crime which can devastate lives, and I am determined to do everything possible to bring these criminals to justice.

I welcome Jonathan Fisher KC’s review which will help us expand our knowledge base about how to better detect, disrupt and deter fraudsters and deliver a swifter justice for the victims, as part of our Plan for Change.

The government is determined to continue our fight against this appalling crime, and I look forward to the outcome of this important review.

Attorney General Lord Hermer KC said:

Fraud is one of the most pernicious crimes. The criminals driving these schemes are using ever more sophisticated tactics to scam their victims. It is crucial that our criminal justice system keeps pace.

Fraud doesn’t discriminate against age, gender or sex and it leaves victims suffering financial loss and emotional distress. I welcome this independent review of fraud and look forward to considering any findings as part of our Plan for Change.

Independent Review Chair, Jonathan Fisher KC said:

With the advances in digital technology, it has become much easier for fraudsters to avoid detection, and indeed prosecution, outright.

This review aims to scrutinise the main challenges in detecting, investigating, and prosecuting fraud offences, and what can be done to better equip law enforcement to deliver swifter justice for victims.

I am greatly appreciative of the criminal justice system-wide engagement since the launch of this independent review and for the continued encouragement as I turn my focus to examine fraud offences.
April 22, 2025
PRESS RELEASE : Brazilian teak plantation investments boss banned after customers lost more than £8.5 million [April 2025]
The press release issued by the Insolvency Service on 22 April 2025.

Director banned following Insolvency Service investigation into sale of investment bonds.
- Guy Conroy was a director of Green IS Group Limited and GIS Forestry Limited, which offered customers the opportunity to invest in teak trees on plantations in Brazil
- Conroy allowed Green IS Group and GIS Forestry to mislead their customers, breaching contractual obligations in the process
- At least £8.525 million was owed to investors when the companies went into liquidation in March 2022
The director of two companies which claimed to run teak plantations in Brazil has been banned after investors lost more than £8.5 million.

Guy Conroy, 57, was the director of Green IS Group Limited and GIS Forestry Limited which offered customers the opportunity to invest in teak trees on its plantations.

Conroy allowed the companies to provide misleading information to customers telling them their investments were secured and there were safeguards to protect their money.

However, at least 250 investors were owed millions of pounds when the companies went into liquidation in 2022.

Conroy, of Upper Richmond Road, London, has been disqualified as a company director for 11 years.

Ann Oliver, Chief Investigator at the Insolvency Service, said:

Green IS Group and GIS Forestry traded in a manner which was completely unacceptable and not in the public interest.

Guy Conroy was a director of both these companies. He allowed them to mislead investors who lost out on millions of pounds as a result of his actions.

Conroy’s conduct is not what we would expect of company directors which is why we have taken steps to remove him from the corporate arena until March 2036.

Both Green IS Group and GIS Forestry generally sold bonds for £5,000 each with a fixed term between two and 10 years and interest rates of between 8% and 11%.

At the end of each bond’s term, they were to be redeemed by the companies, repaying the initial investment amount to the customer.

Customers thought they were buying rights to teak trees or saplings on plantations in Brazil, but the companies selling the bonds did not have the correct ownership rights.

No debenture over Green IS Group’s assets was ever registered at Companies House and security over GIS Forestry’s assets was only registered in October 2020 despite the company issuing bonds from December 2014.

Investors lost out on at least £8.525 million as a result of these investments.

The majority of investors were based in the UK and the largest claim from a creditor in the liquidation process was £636,000.

Both Green IS Group and GIS Forestry were placed into compulsory liquidation on the same day in March 2022 following winding-up petitions from creditors.

The Secretary of State for Business and Trade accepted a disqualification undertaking from Conroy, and his ban started on Thursday 27 March 2025.

It prevents him from being involved in the promotion, formation or management of a company, without the permission of the court.

The liquidator has also obtained records and met with Conroy and the other directors in an attempt to identify and recover company assets.

Further information
- Guy Conroy is of Upper Richmond Road, London. His date of birth is 22 June 1967
April 22, 2025
NEWS STORY – Chris Rampling Appointed as UK Ambassador to the Netherlands

STORY

The UK government has announced the appointment of Chris Rampling as His Majesty’s Ambassador to the Kingdom of the Netherlands. He will succeed Joanna Roper CMG and is set to assume his new role in July 2025. Rampling brings extensive diplomatic experience to the position. His recent roles include serving as Acting Director-General for Defence & Intelligence at the Foreign, Commonwealth & Development Office (FCDO) from 2023 to 2024, and as National Security Director from 2020 to 2024. Previously, he was the UK Ambassador to Lebanon between 2018 and 2020. His career also includes postings in Brussels, Amman, and various roles within the FCDO, focusing on foreign policy, defence, and counter-proliferation.

The Netherlands hosts key international institutions, including the International Court of Justice and the Organisation for the Prohibition of Chemical Weapons. Rampling’s appointment comes at a time when the UK aims to strengthen diplomatic ties and collaborate on global challenges. Joanna Roper, the outgoing ambassador, has served since 2020. Her tenure included navigating post-Brexit relations and fostering UK-Dutch cooperation across various sectors.

April 22, 2025

PRESS RELEASE : Change of His Majesty’s Ambassador to the Netherlands – Chris Rampling [April 2025]

The press release issued by the Foreign Office on 22 April 2025.

Mr Chris Rampling has been appointed His Majesty’s Ambassador to the Kingdom of the Netherlands in succession to Ms Joanna Roper CMG. Mr Rampling will take up his appointment during July 2025.

Curriculum vitae

Full name: Christopher Maxwell Rampling

Date	Role
2023 to 2024	FCDO, Director-General (acting) Defence & Intelligence
2020 to 2024	FCDO, National Security Director
2018 to 2020	Beirut, Her Majesty’s Ambassador
2014 to 2018	Brussels, UK Permanent Representation to the EU, Foreign Policy, Defence and Development Counsellor
2013 to 2014	FCO, Head Corporate Services Programme
2013	Secondment to The Prince’s Trust
2009 to 2013	Amman, Deputy Head of Mission
2007 to 2009	FCO, Deputy Head, Counter Proliferation Department
2005 to 2007	FCO, Team Leader, Turkey Team
2003	Jerusalem, Political and Press Officer
2002 to 2005	Tripoli, Political and Press Officer
2000 to 2002	Pre-posting training (including Arabic language training, Cairo)
1999 to 2000	FCO, Desk officer, Turkey/Malta
1999	Joined FCO
1996 to 1999	Private sector (Insurance)

April 22, 2025

NEWS STORY : U.S. Markets Tumble Amid Escalating Clash Between President Trump and Fed Chair Jerome Powell

STORY

U.S. financial markets experienced significant turmoil today as the ongoing dispute between President Donald Trump and Federal Reserve Chair Jerome Powell intensified, raising concerns about the central bank’s independence and the nation’s economic stability. President Trump publicly criticised Powell on social media, labelling him a “major loser” and urging the Federal Reserve to cut interest rates to stimulate the economy. This attack comes despite inflation rates remaining above the Fed’s 2% target, with food prices continuing to rise and Trump’s new tariff policy being seen as inflationary.

In response, Powell reaffirmed the Federal Reserve’s commitment to its mandate and indicated he would not resign if asked by the President. He emphasised the importance of the Fed’s independence in making decisions aimed at controlling inflation and ensuring long-term economic health. Powell refused to match the personal abuse thrown by the President, who some analysts have suggested is trying to distract from his chaotic economic policy.

The public feud has unsettled investors, leading to a sharp decline in major stock indices. The Dow Jones Industrial Average fell by 1,000 points, while the S&P 500 and Nasdaq each dropped nearly 3%. The U.S. dollar also weakened, hitting a three-year low, as investors sought safe-haven assets like gold, which surged to record highs. Analysts warn that undermining the Federal Reserve’s autonomy could have long-term repercussions for the U.S. economy, potentially leading to higher inflation and reduced investor confidence. The central bank is expected to carefully assess the situation in its upcoming policy meetings, balancing the need to control inflation with the risks posed by political pressures.

As the situation develops, market participants and policymakers alike will be closely monitoring the dynamics between the White House and the Federal Reserve, given their significant implications for economic policy and financial stability.

April 22, 2025
NEWS STORY : UK Government Minister Stephen Morgan Supports Donald Trump Addressing Parliament

STORY

The Education Minister Stephen Morgan has expressed support for former U.S. President Donald Trump speaking to the UK Parliament, amid debates over the appropriateness of such an invitation. In an interview with LBC, Morgan stated, “I wouldn’t support such a block. It’s really important that we continue strong relationships with our allies.” The proposal for Trump to address Parliament has sparked discussions among MPs, with some expressing reservations due to his controversial policies and statements.

However, Morgan emphasised the significance of maintaining diplomatic ties, noting that engaging with global leaders is crucial for the UK’s international relations. The decision to invite a foreign leader to speak in Parliament typically involves consultations among parliamentary authorities and government officials. As discussions continue, the government has not yet announced a formal invitation to Trump.

April 22, 2025
NEWS STORY : Ashcroft Poll Reveals Voter Skepticism on Trump’s Tariffs and Conservative Expectations for Local Elections

STORY

A recent poll conducted by Lord Ashcroft indicates that UK voters across the political spectrum anticipate a reduction or elimination of U.S. tariffs as President Trump negotiates trade deals globally. However, there is limited confidence in Prime Minister Keir Starmer’s ability to safeguard Britain’s interests during these developments. The survey also highlights that most Conservative voters expect gains in the upcoming local elections, a scenario that may not materialise, posing challenges for Conservative Party leader Kemi Badenoch. Key political stories recalled by respondents include President Trump’s tariff policies and the UK government’s intervention in British Steel. Other issues, such as immigration and policing practices, were predominantly noted by Reform UK supporters.

When asked about the current global landscape, voters were divided: 31% believe the era of globalisation is ending, while 29% think it persists. A plurality (43%) view globalisation positively, though Reform UK voters are more inclined to see its decline as beneficial.

Regarding the UK’s position on tariffs and global uncertainty, opinions are split. Approximately 30% feel the UK would be better equipped within the EU, another 30% believe the country is better off outside it, and 22% think EU membership would make no difference. The poll also reveals that 49% of voters prefer maintaining the current UK-China relationship, with smaller percentages advocating for closer or more distant ties. Labour, Green, and SNP supporters are more open to strengthening relations, whereas Conservative and Reform voters lean towards distancing.

April 22, 2025
NEWS STORY : Starmer and von der Leyen to Meet in Brussels for Post-Brexit Relationship Reset

STORY

UK Prime Minister Keir Starmer is scheduled to meet European Commission President Ursula von der Leyen in Brussels this week as part of efforts to “reset” the UK’s relationship with the European Union. This meeting aims to address shared challenges and explore avenues for enhanced cooperation in the post-Brexit era. The agenda includes discussions on economic growth, energy security, climate change, and illegal migration. Both leaders have emphasised the importance of pragmatic and constructive dialogue to strengthen ties between the UK and the EU.

While the UK government has ruled out rejoining the EU’s single market, customs union, or freedom of movement, it remains open to collaborative initiatives that benefit both parties. Potential topics for cooperation include a youth mobility scheme and mutual recognition of professional qualifications. This meeting marks a significant step in rebuilding UK-EU relations, with both sides expressing a commitment to regular summits and ongoing dialogue to address mutual interests and global challenges.

April 22, 2025
Ursula von der Leyen – 2025 Statement on US Tariffs

The statement made by Ursula von der Leyen, the President of the European Commission, on 10 April 2025.

I welcome President Trump’s announcement to pause reciprocal tariffs. It’s an important step towards stabilising the global economy.

Clear, predictable conditions are essential for trade and supply chains to function.

Tariffs are taxes that only hurt businesses and consumers. That’s why I’ve consistently advocated for a zero-for-zero tariff agreement between the European Union and the United States.

The European Union remains committed to constructive negotiations with the United States, with the goal of achieving frictionless and mutually beneficial trade.

At the same time, Europe continues to focus on diversifying its trade partnerships, engaging with countries that account for 87% of global trade and share our commitment to a free and open exchange of goods, services, and ideas.

Finally, we are stepping up our work to lift barriers in our own single market. This crisis has made one thing clear: in times of uncertainty, the single market is our anchor of stability and resilience.

My team and I will continue to work day and night to protect European consumers, workers and businesses. Together, Europeans will emerge stronger from this crisis.

April 22, 2025

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Curriculum vitae