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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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Transcript

You can read the full transcript of this episode here. 

Links

Host

Philippa Lamb

Guests

  • Stephen Relf, Technical Manager, Tax, ICAEW
  • Laura Hough, Director, Trust and Ethics, ICAEW

Producer

Natalie Chisholm

Episode first published: 12 May 2025
Podcast recorded: 1 May 2025

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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