ICAEW.com works better with JavaScript enabled.

Tax news from September 2020

Latest news on the UK tax system, brought to you by the ICAEW Tax Faculty.

Businesses encouraged to access their BTA

30 September 2020: New guidance from HMRC explains the services available in business tax accounts (BTAs). ICAEW’s Tax Faculty outlines what the account offers.

Additional SEISS grants come with extra conditions

28 September 2020: The Self-Employment Income Support Scheme (SEISS) is being extended, but the scope of the scheme will be narrower and the third and fourth grants less generous. ICAEW’s Tax Faculty explains what is known at this stage.

Employers reminded to make PSA payments by 22 October

25 September 2020: Employers with a PAYE settlement agreement (PSA) in place should not wait for a payslip from HMRC before making a payment to avoid interest and late payment penalties, warns ICAEW’s Tax Faculty.

ICAEW gives evidence to parliament on future of tax system

22 September 2020: Key recommendations to the Treasury Select Committee included moving the tax year end, focusing on the distinction between employed and self-employed, and improving day-to-day interactions with the tax administration system.

Showing 10 of 22 items