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Displaying 1-10 of 60 results
HMRC asks companies and agents to check tax returns
- Article
- 03 Dec 2025
Letters are being sent where HMRC believes that the corporation tax liability declared by the company in its most recent company tax return is much lower than expected compared to similar companies.
Taxpayers reminded to ensure returns are correct and complete
- Article
- 03 Dec 2025
Following the publication of guidance earlier this year, HMRC is asking wealthy taxpayers to ensure that any legal interpretation applied in a tax return or other document sent to HMRC is "correct in both fact and law”.
Budget: New loan charge settlement opportunity
- Article
- 02 Dec 2025
The government has said it will accept almost all of Ray McCann’s recommendations for a new settlement opportunity and go further by writing off the first £5,000 of debt, in the hope that this will give individuals “a path to resolution”.
Tax news in brief 2 December 2025
- Article
- 02 Dec 2025
Highlights from the broader tax news for the week ending 2 December 2025, including: new guidelines from HMRC on investment zone tax reliefs; and a HMRC one-to-many campaign focused on hauliers.
Budget 2025 announcements you may have missed
- Article
- 02 Dec 2025
ICAEW’s Tax Faculty provides a summary of some of the Autumn Budget 2025 measures that didn’t make the headlines, from changes to tax relief for homeworkers to proposals for companies to report payments made to participators.
Companies first to be contacted about direct recovery of debts
- Article
- 01 Dec 2025
ICAEW understands that some companies have received letters warning that HMRC may consider recovering funds it is owed directly from the company’s bank or building society accounts, with more to follow.
Budget: Further changes made to CGT, IHT and residence rules
- Article
- 27 Nov 2025
The Chancellor announced a number of changes to capital gains tax (CGT), inheritance tax (IHT) and the residence-based tax regime , including a change in the rules for disposals to employee ownership trusts (EOTs), effective immediately.
Budget: Key changes to income tax administration, payments and penalties
- Article
- 27 Nov 2025
Easements for Making Tax Digital (MTD) for income tax, penalty reform announcements and changes to self assessment payments.
Budget: Key changes impacting business taxation
- Article
- 26 Nov 2025
ICAEW’s Tax Faculty provides a summary of some of the changes affecting businesses announced at the Budget, including capital allowances and business rates as well as adjustments to penalty rates for late corporation tax filings and increasing the limits for venture capital reliefs.
Budget: Taxes on property, savings and dividends increased
- Article
- 26 Nov 2025
The rates of income tax on savings, property and dividend income will increase by two percentage points and owners of high value homes will face a new council tax surcharge.
Displaying 1-10 of 60 results