News & Articles
Government Update
Announcements and Calls for Evidence:
Business investment boosted with new tax relief taking effect today
Businesses to receive boost to investment as a new first-year allowance takes effect today (Thursday 1 January), as the government continues its drive to make Britain the best place to do business.
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Boost for British business as government slashes cost of electric lorries by up to £120,000
We’re making electric lorries more affordable to help hauliers make the switch, while boosting growth and investment in the sector.
First published.
2025 sees highest British defence exports since records began in huge boost to workers and companies
The UK has seen the highest value of defence exports in 2025 since records began
Regulations, Compliance, Supply Chains, Procurement, and reporting requirements
UK REACH: Extending dossier submission deadlines for transitional registrations
Seeking views on proposals to extend the current UK REACH submission deadlines for transitional registrations.
Added the summary of responses and government response.
Business payment practices and performance: directors' reporting requirements
Guidance on the statutory requirement for companies to include payment data headline statistics in their directors’ reports.
First published.
The core terms and conditions of the Low Value Terms procurement contract.
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The core terms and conditions of the Short Term procurement contract.
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The core terms and conditions of the Model Services Contract.
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The core terms and conditions of the Mid-Tier procurement contract.
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Goods Movement
Get ECMT permits to transport goods internationally
Apply for permits to transport goods to, through or from European Conference of Ministers of Transport (ECMT) countries, and the rules you must follow.
ECMT permits are now digital. The way you access and use the permits has changed.
Check if you can claim a waiver for goods brought into Northern Ireland; and
Report payments and view your allowance for non-customs state aid and Customs Duty waiver claims
The date when you must update the sector of your undertaking in the digital service has now passed. If you have not yet done this, you will be asked to when you next sign in.
Transit newsletters – HMRC updates
Check for the latest updates about moving goods using transit and the New Computerised Transit System (NCTS).
The email address for the New Computerised Transit System (NCTS) Helpdesk has been updated in the March 2024 and December 2024 newsletters.
These documents provide a record of the notifications made by each party in relation to part three of the Trade and Cooperation Agreement (TCA).
‘Notifications made by the European Union to the UK under Part Three of the UK-EU Trade and Cooperation Agreement’ updated.
Trade, investment, and export support
UK-Republic of Korea trade deal: conclusion summary
The conclusion summary explains the provisions and chapters in the UK-Republic of Korea trade deal.
First published.
Trade remedies notices: tariff-rate quotas on steel goods
Trade remedies notices published by the Secretary of State for Business and Trade relating to the tariff-rate quotas on steel goods.
‘Trade remedies notice 2025/26: safeguard measure: tariff-rate quota on steel goods’ added to page.
The UK hosted the fourth edition of the annual dialogue between the UK Department for Business and Trade and the French Direction générale des Entreprises.
First published.
Find out about cover policy and indicators for countries and territories that are covered by UK Export Finance.
Information changed for: Bhutan, Palau, Pitcairn, St. Pierre and Miquelon, Samoa, South Sudan, Timor Leste, Tonga, Tuvalu, Vanuatu, Vatican City, Virgin Islands, Wallis and Futuna Islands
Kimberley Process plenary: November 2025
The UK attended the Kimberley Process plenary in the United Arab Emirates from 17 to 21 November 2025.
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Sanctions
Moving to a single list for UK sanctions designations, 28 January 2026
Guidance to help business and industry prepare to use the UK Sanctions List as the only source for UK sanctions designations after the closure of the OFSI Consolidated List of Asset Freeze Targets.
Added 2 new sections: ‘Checklist’ and ‘Russia: list of persons named in relation to financial and investment restrictions’. Updated 2 sections: ‘UK Sanctions List formats’ and ‘Sanctions List search tool’.
Format guide for the UK Sanctions List
This guide provides a list of UK Sanctions List (UKSL) fields and mappings to compare with the list of fields on the OFSI Consolidated List, which is closing on 28 January 2026.
First published.
Who is subject to financial sanctions in the UK?
HM Treasury Notice, Syria, 19/12/2025 and HM Treasury notice, Russia, 19/12/2025 added
HMRC updates
Inheritance tax reliefs threshold to rise to £2.5m for farmers and businesses
£1m Agricultural and Business Property Reliefs threshold increased to £2.5m from April 2026 – allowing spouses or civil partners to pass on up to £5m in qualifying agricultural or business assets between them
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Rates and allowances: Inheritance Tax thresholds and interest rates
Find the Inheritance Tax thresholds (or nil rate bands) from 1914, and see changes to Inheritance Tax interest rates from October 1988.
The ‘Inheritance Tax interest rates from October 1988’ table has been updated with the new interest rate of 7.75% and the interest on repayments of 2.75% from 9 January 2026.
Employer Bulletin: December 2025
A bi-monthly magazine for employers and agents that gives up-to-date information on payroll topics.
Amendments made to the clarifying the optional remuneration arrangement rules at section 228A Income Tax Earnings Pension Act (ITEPA) article. Information added to improve clarity that the article is about grocery schemes, who saves National Insurance contribution and the inclusion of credit cards as non cash vouchers.
Skills, employment, and training
Drive to tackle workplace sickness with small business occupational health training
Thousands of people at risk of dropping out of work will be given more support to stay in their jobs thanks to new Government-funded occupational health training for 5,000 line managers working in small businesses.
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Sustainability, Resources and Waste, including EPR (packaging)
Year 2 illustrative waste disposal fees: Extended producer responsibility for packaging
Illustrative waste disposal fees for Year 2 (2026 to 2027) that will be charged to large producers obligated under Extended producer responsibility (EPR) for packaging.
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Packaging producer responsibility monitoring plan 2026
How the Environment Agency monitors businesses affected by the packaging waste regulations in England.
First published.