Mercia Podcast

Keeping you abreast with the latest developments

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Mark Morton explores recent draft legislation and HMRC’s evolving role in public service.

He reflects on the frustrations of digital tax systems, delays in repayments, and the long-delayed rollout of Making Tax Digital, raising concerns about the effectiveness of transformation efforts and their impact on taxpayers.

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On 21 July 2025, the government published draft legislation for Finance Bill 2025-26 for consultation. In this brief episode, Mark Morton shares his immediate reaction. 

Much of the content was pre-announced, including:

  • Inheritance Tax Overhaul
  • Making Tax Digital (MTD) Evolves
  • Tax Adviser Regulation
  • Carried Interest Recast.

 

Helen Knight and Norman Allison discuss some of the key points to consider around Making Tax Digital for Income Tax Self Assessment. Following a recent lecture we take the opportunity to unpack some of the most frequently asked questions, clarify common misconceptions, and explore what these changes mean for taxpayers and particularly their advisors.

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