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Displaying 1-10 of 55 results
Changes to size thresholds for off payroll working
- Article
- 06 Feb 2025
In response to a request from ICAEW, HMRC has confirmed that changes to the company size thresholds in the Companies Act 2006 from April 2025 will also apply for the purposes of the off payroll working rules.
Changes made to CIS processes for overseas businesses
- Article
- 06 Feb 2025
HMRC has updated its procedures to address challenges identified by ICAEW’s members in registering overseas businesses for the construction industry scheme (CIS).
Over one million taxpayers may face £100 penalty
- Article
- 04 Feb 2025
HMRC estimates that 1.1 million taxpayers missed the 31 January 2025 deadline for filing their 2023/24 tax return. ICAEW explains the penalties, and why late filers should consider whether an easement applies, or if they have grounds to appeal.
Tax news in brief 4 February 2025
- Article
- 04 Feb 2025
Highlights from the broader tax news for the week ending 4 February 2025, including: an increase in the statutory payments recovery rate for smaller businesses; and ICAEW’s response to a consultation of expanding tax conditionality.
Tests for carried interest multiplier need more thought, says ICAEW
- Article
- 04 Feb 2025
ICAEW has encouraged the government to ensure that any changes to the rules for taxing carried interest do not add complexity and do not affect the UK’s attractiveness as a place to live, work and invest in the private equity (PE) sector.
What is professional conduct in relation to taxation?
- Video
- 03 Feb 2025
Professional Conduct in Relation to Taxation sets out the fundamental principles and standards for tax planning that all members, affiliates and students who practise in tax must follow. We explain the basics in a new video.
HMRC has 39 corporate criminal offences investigations underway
- Article
- 03 Feb 2025
HMRC’s latest biannual freedom of information release highlights the need to have procedures in place to identify and mitigate tax evasion facilitation risks, says ICAEW.
HMRC contacts companies owning residential property
- Article
- 31 Jan 2025
HMRC is writing to companies that may need to disclose liabilities to the annual tax on enveloped dwellings (ATED), possibly because they have relied on a relief that is not due.
Employers won’t need to give HMRC more information
- Article
- 30 Jan 2025
Following feedback from ICAEW, HMRC has confirmed that it is abandoning plans to require employers to provide more detailed information on employees’ hours worked in pay as you earn (PAYE) real time information (RTI) returns.
31 January deadline for public sector pension scheme members
- Article
- 28 Jan 2025
ICAEW explains why 31 January 2025 is a key deadline for members of public sector pension schemes disclosing McCloud tax charges and highlights HMRC guidance on completing the 2023/24 tax return where a pension statement is received late.
Displaying 1-10 of 55 results