The regulations amended the Taxes (Interest Rate) Regulations 1989 to increase the official interest rate for employment-related loan tax calculations.

The Taxes (Interest Rate) (Amendment) Regulations 2025, effective April 6, 2025, raise the official interest rate used to calculate tax on employment-related loans from 2.25% to 3.75% per annum.

This amendment modifies the Taxes (Interest Rate) Regulations 1989, impacting the tax liability for individuals receiving employment-related loans with interest rates below the new official rate.

The change aims to update the tax calculation to reflect current economic conditions and ensure fairer taxation on these types of loans.

The 2025 Order designated numerous central government bodies for inclusion in departmental supply estimates and resource accounts for the financial year ending 31 March 2026.

The Government Resources and Accounts Act 2000 (Estimates and Accounts) Order 2025 designates numerous central government bodies as 'designated bodies' for the financial year ending 31 March 2026.

This designation is for their inclusion in the supply estimates and resource accounts of their respective government departments.

The order covers various government departments and agencies across England, Wales, Scotland, and Northern Ireland.

It is based on powers granted by the Government Resources and Accounts Act 2000 and includes consultations with devolved administrations.

The 2025 regulations established fees for services related to recognizing overseas qualifications, replacing the 2024 regulations and clarifying payment and refund procedures.

These regulations establish the fee structure for services related to recognizing overseas qualifications in England, Wales, and Northern Ireland.

They detail charges for statements of comparability, qualification reference statements, bundle services (standard and refugee-focused), and subscription packages to a qualification database.

Payment is made to the Secretary of State or a designated organization, with provisions for refunds.

These regulations replace the 2024 regulations, addressing drafting errors and incorporating feedback from devolved governments.

The order revalued earnings factors for various tax years to maintain their purchasing power relative to general earnings, impacting calculations for social security benefits and pensions.

The Social Security Revaluation of Earnings Factors Order 2025, effective April 6, 2025, increases earnings factors for specified tax years (1978-1979 to 2024-2025).

These adjustments apply to calculations of additional pensions in long-term benefits, guaranteed minimum pensions, and other calculations under the Pension Schemes Act 1993.

The order ensures that these factors maintain their value relative to the general level of earnings, fulfilling a legal requirement outlined in the Social Security Administration Act 1992, and aims to protect the value of pension payouts.

The Order amended the Financial Services and Markets Act 2000 (Exemption) Order 2001 to broaden the exemption for National Wealth Fund Limited from the general prohibition on carrying out regulated activities without authorization.

The Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2025, effective March 31, 2025, amends the 2001 Exemption Order.

It expands the exemption from the general prohibition on unregulated financial activities to include National Wealth Fund Limited.

This is achieved by inserting a new Article 3A granting a general exemption and creating a Part 1A to the Schedule, listing exempted entities, while removing the fund from the previous list.

The order established revaluation percentages for public service pensions based on price and earnings changes for the 2024-2025 period, setting different effective dates for specified pension schemes.

The Public Service Pensions Revaluation Order 2025 sets the revaluation percentages for public service pensions for the period from April 1, 2024, to March 31, 2025.

It specifies a 1.7% increase based on price changes and a 4.5% increase based on earnings changes.

The order takes effect on April 1, 2025, but for certain specified schemes, it comes into effect on April 6, 2025.

The order covers England, Wales, Scotland, and Northern Ireland and is made under the powers granted by the Public Service Pensions Act 2013.

The regulations amended the Council Tax (Additional Provisions for Discount Disregards) Regulations 1992 and the Council Tax (Exempt Dwellings) Order 1992 to provide council tax discounts and exemptions to eligible individuals under the Homes for Ukraine scheme.

These regulations, effective March 25th, 2025, modify existing council tax legislation in England.

They expand the categories of individuals eligible for council tax discounts and exempt dwellings to include those participating in the Homes for Ukraine Sponsorship Scheme and those entitled to a government thank you payment under associated guidance.

The changes apply to both discount disregards and exempt dwelling definitions, ensuring consistent treatment of Ukrainian arrivals within the council tax system.

The Order established new wildlife licence charges in England, revoking the 2018 Order and setting new fees based on licence type, application complexity, and Natural England's processing time, with several exemptions.

The Wildlife Licence Charges (England) Order 2025, effective March 28, 2025, establishes new fees for wildlife licenses issued by Natural England under various Acts and Regulations.

It details fixed and variable charges based on application complexity and time spent processing the application, outlining exceptions for public safety, serious damage prevention, certain conservation purposes and development projects.

The Order also revokes the 2018 equivalent, maintaining the previous order's standards for applications submitted before the effective date.