Finance Legislation
Laws governing financial services, banking regulation, insurance, investment, and securities trading.
The Whole of Government Accounts (Designation of Bodies) Order 2025
- Agriculture
- Benefits and Welfare
- Culture and Sport
- Defence
- Economy
- Education
- Energy
- Environment
- Finance
- Health and Social Care
- Justice
- Local Government
- Science
- Technology
- Transport
- Department: HM Treasury
- Made under: Government Resources and Accounts Act 2000
The 2025 Order designated numerous public and local government bodies to submit financial information to the Treasury for compiling Whole of Government Accounts for the 2024-2025 financial year.
The Whole of Government Accounts (Designation of Bodies) Order 2025 designates numerous public and local government bodies to provide financial information to the Treasury for the 2024-2025 financial year.
This data is used to compile the Whole of Government Accounts, aiming to improve transparency and accountability in public spending.
The Order came into force on March 18, 2025, and applies to England, Wales, Scotland, and Northern Ireland.
The Treasury consulted with Welsh Ministers where deemed appropriate.
The Armed Forces Pensions (Remediable Service) (Amendment) Regulations 2025
- Department: Ministry of Defence
- Made under: Public Service Pensions Act 2013
Amendments were made to several UK armed forces pension schemes to improve clarity, correct errors, and ensure consistency in the calculation of pension entitlements.
The Armed Forces Pensions (Remediable Service) (Amendment) Regulations 2025 amend various armed forces pension schemes, including the 1975, 2005, and Reserve Forces schemes.
Key changes include removing outdated definitions, correcting cross-references, and updating provisions related to continuity of service. These amendments aim to increase clarity and consistency across different schemes, streamlining administrative processes and ensuring a fairer calculation of pension entitlements for service members.
The Statutory Neonatal Care Pay (Administration) Regulations 2025
- Department: Department for Business and Trade
- Made under: Employment Act 2002
The Statutory Neonatal Care Pay (Administration) Regulations 2025 established administrative procedures for statutory neonatal care pay, including employer reimbursement, record-keeping, and dispute resolution.
These regulations outline the administrative procedures for the UK's statutory neonatal care pay.
They detail employer entitlement to reimbursement (92% of payments, or 100% for small employers), application processes for funding, authorized deductions from employer payments to HMRC, procedures for handling overpayments, employer record-keeping requirements, and information provisions for employees.
The regulations also cover inspection of employer records by HMRC officers, dispute resolution mechanisms and information requests related to entitlement.
The Neonatal Care Leave and Pay (Consequential Amendments to Subordinate Legislation) Regulations 2025
Made extensive amendments to 29 different regulations to incorporate neonatal care leave and pay provisions into existing UK employment and benefits legislation.
The regulations implement comprehensive changes across UK legislation to accommodate the new neonatal care leave and pay entitlements established by the Neonatal Care Act 2023.
The amendments span multiple areas including social security, employment benefits, pension schemes, and various public sector regulations, ensuring proper integration of neonatal care leave rights with existing statutory frameworks.
The Non-Domestic Rating (Designated Areas) Regulations 2025
- Department: Ministry of Housing, Communities and Local Government
- Made under: Local Government Finance Act 1988
Designated areas in England and Wales were established for local retention of non-domestic rates, calculation rules were instituted for non-domestic rating income and baseline amounts, and the Non-Domestic Rating (Designated Areas etc) Regulations 2017 were amended.
The Non-Domestic Rating (Designated Areas) Regulations 2025 designate specific areas in England and Wales to retain a portion of their non-domestic rating income.
The regulations detail how to calculate this income and establish a baseline amount to determine the portion retained.
These calculations consider factors such as small and standard business rate multipliers and the aggregate rateable values of properties within designated areas.
The regulations also amend existing legislation to extend the designation of the Heart of the South West–Huntspill Energy Park designated area and specify the designation period (24-25 years) for all designated areas.
The Electricity Capacity (Amendment) Regulations 2025
- Department: Department for Energy Security and Net Zero
- Made under: Energy Act 2013
The 2025 regulations amended the 2014 Electricity Capacity Regulations, introducing new capacity agreement durations, clarifying eligibility criteria, and updating administrative procedures related to the Capacity Market.
The Electricity Capacity (Amendment) Regulations 2025 amend the 2014 Electricity Capacity Regulations to improve the UK's Capacity Market.
Key changes include introducing 9-year capacity agreements for certain low-carbon generating units, clarifying eligibility criteria, and simplifying some administrative procedures.
These amendments seek to enhance the market's efficiency, promote low-carbon investment, and improve regulatory clarity.
Several subsections clarify existing ambiguities and align the regulations with ongoing updates to the Capacity Market Rules.
The Veterinary Surgeons and Veterinary Practitioners (Registration) (Amendment) Regulations Order of Council 2025
- Made under: Veterinary Surgeons Act 1966
The Order of Council approved amendments to veterinary registration fees, increasing them by approximately 4% and replacing Part 4 of the 2014 Regulations.
This Order of Council approves amendments to the Veterinary Surgeons and Veterinary Practitioners (Registration) Regulations 2014, increasing registration and retention fees by approximately 4%, effective April 1st, 2025.
The amendments, made by the Royal College of Veterinary Surgeons (RCVS) under the Veterinary Surgeons Act 1966, are detailed in the Schedule and replace Part 4 of the 2014 Regulations.
The previous regulations are revoked.
The Income and Corporation Taxes (Electronic Communications) (Amendment) Regulations 2025
- Made under: Finance Act 1999, Finance Act 2002
The 2025 regulations amended the 2003 Income and Corporation Taxes (Electronic Communications) Regulations by removing an obsolete definition, expanding their scope to cover Finance Act 2021 penalties, and clarifying electronic information delivery conditions.
The Income and Corporation Taxes (Electronic Communications) (Amendment) Regulations 2025, effective March 11, 2025, amend the 2003 Regulations.
Key changes include removing an outdated definition, broadening the regulations to encompass penalties under the Finance Act 2021, and adding new provisions specifying conditions for valid electronic information delivery.
These amendments aim to improve efficiency, clarify procedures, and modernize tax communication processes.