ICAEW.com works better with JavaScript enabled.

TAX NEWS

HMRC launches new guidelines for tax compliance

Article

Published: 25 Oct 2022 Update History

A new landing page has been launched that contains guidance on individual areas of tax compliance.

Guidelines for compliance were announced in November 2021 as part of the review of tax administration for large businesses.

They offer HMRC’s view on complex, widely misunderstood or novel risks that can occur across tax regimes, including guidelines for employers, corporation tax and VAT.

The guidelines will include best practice examples to follow and steps to:

  • help the reader understand HMRC’s expectations and avoid non-compliance
  • highlight approaches that can lead to inaccuracies and the need to pay more tax, interest and penalties
  • offer insights into the practical application of the law and HMRC’s administrative approaches, expanding the scope of HMRC material, beyond interpretation of the law.

The landing page launched on 6 October 2022 currently contains overview guidelines and those relating to PAYE settlement agreements.

 
The Tax Faculty

ICAEW's Tax Faculty is recognised internationally as a leading authority and source of expertise on taxation. The faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.

More support on tax

ICAEW's Tax Faculty provides technical guidance and practical support on tax practice and policy. You can sign up to the Tax Faculty's free enewsletter (TAXwire) which provides weekly updates on developments in tax.

Sign up for TAXwireJoin the Tax Faculty

More from the Tax Faculty

Latest news
Making tax digital image
TAXwire

Stay up to date with the latest developments in tax by signing up to the Tax Faculty's weekly enewsletter

Practical guidance
Cover
TAXline

Comprehensive support for Tax practitioners each month from the Tax Faculty and expert contributors.

Technical support
Tax Faculty image
Webinars

Expert advice from the Tax Faculty's technical managers on all the developments in tax policy and practice.