HM Treasury Legislation

108 statutory instruments made by HM Treasury, newest first. Each one is explained section by section in plain English.

The Public Service (Civil Servants and Others) Pensions (Remediable Service) (Amendment) Regulations 2025

Published: Thu 23rd Oct 25 Came into force: Mon 17th Nov 25

The Minister for the Civil Service amended the 2014 and 2023 Public Service Pension Regulations, effective 17th November 2025, to provide rectification mechanisms for remediable service arising from age discrimination in transitional protection, including provisions on voiding statements, optional retrospective benefit assessments, and clarifying beneficiary decision-making.


These Regulations, enacted by the Minister for the Civil Service with Treasury consent, amend the 2014 and 2023 Public Service (Civil Servants and Others) Pensions Regulations to address issues stemming from unlawful age discrimination in transitional protection arrangements for public service pension schemes, commonly known as remediable service. The amendments introduce specific provisions allowing scheme managers and decision-makers to reconsider or rectify past benefit calculations, including specific opt-out windows, ill-health retirement assessments, and partial/early retirement recalculations for members whose service spanned the Principal Civil Service Pension Scheme (PCSPS) and alpha scheme.

Furthermore, they clarify rules regarding voiding inaccurate service statements, treatment of divorce liabilities, and determining eligible decision-makers for deceased members.

Read More

The Immigration and Nationality (Fees) (Amendment) (No. 2) Regulations 2025

Published: Tue 21st Oct 25 Came into force: Tue 11th Nov 25

The Regulations amended the 2018 fees regulations by modifying entry clearance and leave to remain fee exceptions, adjusting sponsor licence fees, and establishing a fee exemption for certain nationality review applications.


The Immigration and Nationality (Fees) (Amendment) (No. 2) Regulations 2025, made under powers in the Immigration Act 2014 and with Treasury consent, amend the 2018 Regulations governing immigration and nationality fees, effective from 11th November 2025 across the UK. These amendments specifically remove certain fee exceptions relating to Afghan citizens, introduce new fee exemptions for certain stateless persons and applicants under the UK/European Applicant Transfer Scheme, alter fees for sponsor licence services including fee increases for priority processing, and establish a fee exemption for the review of previously fee-exempted nationality applications.

Read More

The Non-Domestic Rating (Definition of Qualifying Retail, Hospitality or Leisure Hereditament) Regulations 2025

Published: Thu 16th Oct 25 Came into force: Wed 1st Apr 26

The Treasury made regulations effective April 1st, 2026, defining 'qualifying retail, hospitality or leisure hereditament' for business rate relief purposes in England and Wales.


The Non-Domestic Rating (Definition of Qualifying Retail, Hospitality or Leisure Hereditament) Regulations 2025, enacted by the Treasury under the Local Government Finance Act 1988, sets out the precise criteria for classifying hereditaments in England and Wales as 'qualifying retail, hospitality or leisure hereditaments' starting April 1st, 2026, enabling them to benefit from a potentially lower business rates multiplier; this classification depends on the property being used wholly or mainly for specified public-facing retail, hospitality, cultural, or recreational purposes while explicitly excluding those used primarily for financial, medical, professional services, or large-scale storage and distribution.

Read More

The Designation of Special Tax Sites (Anglesey Freeport) Regulations 2025

Published: Thu 16th Oct 25 Came into force: Fri 21st Nov 25

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.

Read More

The Designation of Special Tax Sites (Flintshire and Wrexham Investment Zone) Regulations 2025

Published: Thu 16th Oct 25 Came into force: Fri 21st Nov 25

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.

Read More

The Public Offers and Admissions to Trading (Amendment and Consequential and Transitional Provisions) Regulations 2025

The Treasury substituted a new investigation regulation into the 2024 Regulations, introduced transitional periods for firms seeking permissions related to a new regulated activity, and made consequential amendments across primary, assimilated direct, and subordinate legislation including various sanctions regimes.


These Regulations, made by the Treasury under powers in the Financial Services and Markets Act 2000, make technical amendments and transitional provisions concerning the Public Offers and Admissions to Trading Regulations 2024.

Specifically, they substitute a new provision for FCA investigation powers concerning entities subject to the 2024 Regulations, establish temporary arrangements for existing authorised persons applying to conduct the newly regulated activity of operating an electronic system for public offers, and introduce consequential amendments across various pieces of legislation, including primary and subordinate legislation and numerous UK sanctions regulations, to align them with the new framework.

Read More

The Financial Services and Markets Act 2023 (Commencement No. 11 and Saving Provisions) Regulations 2025

Published: Tue 14th Oct 25

The regulations established specific commencement dates between October 2025 and January 2028 for enacting provisions of the Financial Services and Markets Act 2023, particularly those revoking retained EU financial services law, while simultaneously providing savings for ongoing prospectus activity and PISCES operations.


These Regulations specify the dates when various sections and schedules of the Financial Services and Markets Act 2023 officially come into force, initiating the repeal of specific pieces of retained EU financial services legislation, including parts of the EU Prospectus Regulation 2017 and MiFIR provisions.

The commencement dates are staggered between October 2025 and January 2028, and the document includes important saving provisions to ensure continuity for existing regulatory processes, notably for operators of Private Intermittent Securities and Capital Exchange Systems (PISCES) and offers made under pre-existing prospectuses.

Read More

The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2025

Published: Thu 18th Sept 25 Came into force: Fri 28th Nov 25

The 2025 regulations extended transitional provisions for third-country central counterparties under Regulation (EU) 575/2013 and the CCP Regulations.


The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2025 extend transitional periods in the Capital Requirements Regulation (CRR) and the Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018.

These extensions, lasting 12 months, apply to third-country central counterparties and aim to prevent disruption to international and UK financial markets.

The extensions are deemed necessary and proportionate given exceptional circumstances.

Read More