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The Tax Track

Challenging times for HMRC and agents

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The Tax Track - ICAEW's podcast on the latest in tax practice and policy

July was a busy month for HMRC as it published its annual accounts and report for 2024/25, along with its transformation roadmap and draft legislation for Finance Bill 2025/26.

In this episode of The Tax Track we look at the challenges HMRC faces, from improving its services to taxpayers and agents to closing the tax gap; its plans for new and improved digital services; and the possible implications of the proposed changes for agents in particular as MTD and agent registration begin to take effect.

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Transcript

You can read the full transcript of this episode here.

Links

Panellists

  • Stephen Relf, Technical Manager, Tax, ICAEW
  • Frank Haskew, Head of Taxation Strategy, ICAEW
  • Lindsey Wicks, Senior Technical Manager, Tax Policy, ICAEW

Producer

Ed Adams

Episode recorded: 24 July 2025

Episode published: 1 August 2025

Tax policy update

HM Treasury will be attending ICAEW's Annual Conference 2025 with a session discussing tax policy and economic growth in the weeks ahead of the Budget.

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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