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Join ICAEW’s latest basis period reform webinar


Published: 10 May 2022 Update History

ICAEW’s Tax Faculty is hosting a webinar to explore HMRC’s options for easing the burden on business owners who may need to submit tax returns from the 2024/25 tax year using estimated figures.

When business owners subject to income tax move to a tax year basis of taxation, there may be a need to use estimated figures for businesses with accounting year end dates that differ from the tax year end. HMRC is currently consulting on potential easements that might remove the need for estimates or reduce the administrative burden involved in correcting them, and ICAEW’s Tax Faculty is taking part in the consultation.

During the webinar on 16 May, you will have a chance to ask questions and give feedback on the proposals. Richard Jones and Anita Monteith from the Tax Faculty will be joined by Tom Brown, a Senior Policy Adviser in HMRC’s Small Business and Trading Policy Team.

The webinar is open to all ICAEW members. Register here

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