New regulations in 2025 BEPS, CARF, DPI: What�s Changing and How to Stay Ahead

If you know you owe tax on undeclared income to HM Revenue & Customs (HMRC), here’s how you can let the tax office know by making voluntary disclosure.

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If you owe tax on income or gains, it’s important to let HMRC know about any unpaid tax as soon as possible. This blog article explains how to make a voluntary disclosure.

You can use the Digital Disclosure Service (DDS) to tell HMRC that you’ve not declared the right amount of tax on one or more of the following: Income Tax, Capital Gains Tax, National Insurance Contributions, or Corporation Tax. The DDS gives individuals and businesses the opportunity to bring up any unpaid tax in a simple, easy way.

Title

If you owe tax on income or gains, it’s important to let HMRC know about any unpaid tax as soon as possible. This blog article explains how to make a voluntary disclosure.

You can use the Digital Disclosure Service (DDS) to tell HMRC that you’ve not declared the right amount of tax on one or more of the following: Income Tax, Capital Gains Tax, National Insurance Contributions, or Corporation Tax. The DDS gives individuals and businesses the opportunity to bring up any unpaid tax in a simple, easy way.

Title

If you owe tax on income or gains, it’s important to let HMRC know about any unpaid tax as soon as possible. This blog article explains how to make a voluntary disclosure.

You can use the Digital Disclosure Service (DDS) to tell HMRC that you’ve not declared the right amount of tax on one or more of the following: Income Tax, Capital Gains Tax, National Insurance Contributions, or Corporation Tax. The DDS gives individuals and businesses the opportunity to bring up any unpaid tax in a simple, easy way.

2025 is shaping up to be a landmark year for tax compliance, with three major regulatory shifts redefining what financial institutions must track, report, and verify. From minimum global tax enforcement under BEPS Pillar Two to the far-reaching implications of crypto reporting (CARF) and digital platform income (DPI) regulations, the scope of tax transparency is expanding fast. Each regime targets a different blind spot in cross-border taxation, meaning no institution can afford to sit this one out. This isn�t about keeping up�it�s about staying ahead. Institutions need smart systems, centralized data, and teams equipped to interpret evolving standards across jurisdictions. Whether you're managing crypto flows, global subsidiaries, or digital sellers, early preparation is the best defense against audits and penalties.

TWC Staff