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accountancy insights

Collecting unpaid taxes and revisions to the Code of Ethics

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In this episode, we discuss the government’s new measures to collect billions of pounds in unpaid taxes, as well as covering the key changes to ICAEW’s Code of Ethics, which come into effect on 1 July 2025.

Philippa Lamb is joined by Stephen Relf, Technical Manager, Tax; and Laura Hough, Director of Trust and Ethics.

This episode refers to penalty rates based on the Bank of England base rate, correct as of 1 May 2025. Make sure you check the current rates.

Time codes

  • 00:28 Collecting unpaid taxes
  • 06:04 Revisions to the Code of Ethics
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All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members.

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