Software and guidance for MTD income tax
IRIS Elements Tax has been added to HMRC’s list of software that works with MTD income tax.
Separately, HMRC has updated its guidance Get ready for Making Tax Digital for income tax, including by adding more information on quarterly updates to the frequently asked questions section.
Learn more about MTD income tax.
VAT grouping in the care industry
HMRC has published Revenue and Customs Brief 2 (2025): the use of VAT grouping within the care industry. The Brief explains how HMRC will:
- treat state-regulated care providers who form a VAT group with a non-state-regulated care provider; and
- deal with new VAT group applications and existing VAT groups.
HMRC webinars for employers
HMRC will host the following webinars:
- company directors - payroll and you, on 1 May 2025; and
- getting payroll information right, on 2 May 2025.
Update for pension schemes
HMRC has published issue 169 of its pension schemes newsletter. The newsletter has articles on a range of topics, including completion of the pension scheme return and the annual return of information for 2024/25.
Research commissioned by HMRC
HMRC has published research in the following areas:
- evaluation of the cycle to work scheme;
- attitudes toward the VAT flat rate scheme;
- non-resident stamp duty land tax;
- inaccurate self assessment repayment claims;
- regional information on corporate tax reliefs;
- collection, debt and COVID-19;
- tax basis periods reform;
- understanding growth journeys of small and mid-sized businesses; and
- understanding experiences of dealing with corporation tax.
Bridge the gap: virtual tax conference
A virtual tax conference will take place on 8 May 2025 in support of two tax charities, TaxAid and Tax Help for Older People. To learn more about the conference, and to register your place, visit the Chartered Institute of Taxation’s website.
International tax round-up
CFE Tax Advisers Europe has published its latest collection of tax top 5 developments. This includes an update on negotiations involving the US on the global tax agreement. CFE reports that the OECD has stressed the need for US support on Pillar One, and that Pillar Two, which has been adopted by over 40 countries, can advance without US approval, although US technical concerns remain unresolved.
Tax Faculty
This guidance is created by the Tax Faculty, 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.