Finance Legislation

Laws governing financial services, banking regulation, insurance, investment, and securities trading.

The Non-Domestic Rating (Designated Areas) Regulations 2025

Published: Fri 21st Feb 25

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

Published: Fri 21st Feb 25

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

Published: Fri 21st Feb 25

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

Published: Tue 18th Feb 25

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Key changes include removing an outdated definition, broadening the regulations to encompass penalties under the Finance Act 2021, and adding new provisions specifying conditions for valid electronic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.

The Procurement Act 2023 (Consequential and Other Amendments) Regulations 2025

Published: Mon 17th Feb 25

The Procurement Act 2023 (Consequential and Other Amendments) Regulations 2025 implements crucial updates to UK procurement law, including revised threshold amounts for contract values, amendments to international trade obligations, and comprehensive changes to primary and secondary legislation.

The regulations modernize procurement processes, strengthen security measures, and establish transitional provisions while ensuring alignment with international agreements.

The Education (Student Fees, Awards and Support) (Amendment) Regulations 2025

Published: Thu 13th Feb 25

The regulations modify multiple aspects of student financial support in England, updating payment rates and loan amounts for the 2025/26 academic year.

Key changes include introducing lower fees for foundation years, extending support to bereaved partners of Gurkha and Hong Kong military unit veterans, enhancing disabled student allowances, and revising overseas territory definitions.

The amendments affect various existing regulations including student support, postgraduate loans, and fee limit conditions.

The Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions (Amendment) Order 2025

Published: Wed 12th Feb 25

The Naval, Military and Air Forces Etc. (Disablement and Death) Service Pensions (Amendment) Order 2025 amends the 2006 Order governing service pensions.

Key changes include updated rates for pensions, gratuities, and allowances for armed forces members disabled or killed in service before April 6, 2005.

The Order also modifies eligibility for mobility supplements, including those receiving the higher rate of the mobility component of Scottish Adult Disability Living Allowance, and simplifies the eligibility criteria.

The amendments take effect in March and April 2025, extending across England, Wales, Scotland, and Northern Ireland.

The Social Security (Contributions) (Amendment) Regulations 2025

Published: Tue 11th Feb 25

These regulations modify the Social Security (Contributions) Regulations 2001.

They mandate that employers claiming zero-rate secondary Class 1 National Insurance contributions for employees working in designated freeports or investment zones must include the employee's workplace postcode (or an HMRC-provided alternative code) in their Full Payment Submission.

This aims to improve data collection and ensure compliance with existing legislation regarding tax relief in these specific zones.

The Communications (Television Licensing) (Amendment) Regulations 2025

Published: Mon 10th Feb 25

The Communications (Television Licensing) (Amendment) Regulations 2025 implements changes to UK television license fees effective April 1, 2025.

The regulations increase the standard color TV license fee from £169.50 to £174.50 and the black and white license fee from £57.00 to £58.50.

Various installment payment schemes are adjusted accordingly, with updates to premium, budget, easy entry, and simple payment plans.

The regulations apply across the UK, Channel Islands, and Isle of Man, with certain provisions for specific territories.