The appointed day for the commencement of Finance Act 2021 penalties for failures by digitally obligated persons regarding income tax and capital gains tax returns and payments was set to 1st April 2026.

These Regulations, made by HM Treasury, appoint 1st April 2026 as the commencement date for specific penalty provisions within Schedules 24, 25, 26, and 27 of the Finance Act 2021 concerning income tax and capital gains tax.

The appointed day applies these penalties—covering failures to make returns, deliberate withholding of information, and failure to pay tax—specifically to 'digitally obligated persons' concerning tax matters related to the 2026-27 tax year and beyond, excluding trustees and partnerships.

The Treasury officially used powers from the Finance Act 2021 to designate specific map-defined areas within the Anglesey Freeport as special tax sites for enhanced capital allowance purposes, with the regulations commencing on November 21, 2025.

These Regulations, made by the Treasury under powers granted by the Finance Act 2021, officially designate specific map-defined areas within the Anglesey Freeport as 'special tax sites' effective from November 21, 2025.

The designation makes qualifying capital expenditure by companies on plant, machinery, and non-residential structures within these sites eligible for enhanced capital allowances under key provisions of the Capital Allowances Act 2001.

The Treasury designated the Deeside, Warren Hall, and Wrexham Industrial Estate areas as special tax sites for enhanced capital allowance purposes under the Finance Act 2021, effective November 21st, 2025.

These Regulations, enacted by the Treasury under powers from the Finance Act 2021, officially designate specific areas in Flintshire and Wrexham as 'special tax sites' effective from November 21st, 2025, based on their location within or connection to the designated investment zone; this formal designation qualifies expenditure on plant, machinery, structures, and buildings within these sites for enhanced capital allowances under the Capital Allowances Act 2001.

The regulations increased penalties for late tax payments under Schedule 26 of the Finance Act 2021, raising the first penalty from 2% to 3% and the second from 4% to 10%.

These regulations, effective May 31, 2025, amend Schedule 26 of the Finance Act 2021 to increase penalties for late tax payments.

The first penalty for late payment (after 15 days) rises from 2% to 3%, while the second penalty (after 30 days) increases from 4% to 10%.

The changes apply to most tax payments due on or after May 31, 2025, with exceptions for specific tax years and VAT payments relating to earlier periods.

Designated three areas in the East Midlands as special tax sites to enhance capital allowances and provide stamp duty land tax relief, effective February 26, 2025.

These regulations, enacted under the Finance Act 2021, designate three areas in the East Midlands as 'special tax sites' to boost economic activity within the East Midlands Investment Zone.

This designation provides enhanced capital allowances for plant, machinery, structures, and buildings, along with stamp duty land tax relief, for qualifying companies and investments within these zones.

The designated sites are explicitly defined by maps, and the regulations took effect on February 26, 2025.