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Displaying 1-10 of 13 results
How to fix VAT: strategies for reform
- Article
- 21 Jul 2025
Is there hope for a significantly reformed and improved UK VAT in the future or are we restricted to endlessly tinkering with the existing design? A panel discussion at ICAEW’s recent How to Fix VAT Conference explored the options.
Single-director companies and the employment allowance
- Article
- 18 Jul 2025
In the second of a series of articles, ICAEW’s Tax Faculty explains how to apply the restriction that prevents so-called “single-director companies" from claiming the national insurance employment allowance.
Class 2 NIC issue to continue until September
- Article
- 18 Jul 2025
HMRC is continuing to work on a solution to a problem affecting 2024/25 self assessment tax returns where the person is a sole trader or partner with profits in excess of £12,570.
Tax news in brief 15 July 2025
- Article
- 15 Jul 2025
Highlights from the broader tax news for the week ending 15 July 2025, including: new guidance on employment-related security reporting and international tax news.
How to make the employment allowance work for you
- Article
- 15 Jul 2025
ICAEW’s Tax Faculty explains how the employment allowance can reduce an employer’s liability to national insurance contributions (NIC) by up to £10,500 for 2025/26.
How to fix VAT: barriers to simplification
- Article
- 10 Jul 2025
Regardless of whether you believe fixing VAT is best done by tinkering around the edges of the existing system or the nuclear option of a full-blown overhaul, the challenges surrounding changes should not be underestimated.
ICAEW gives mixed response to transfer pricing changes
- Article
- 09 Jul 2025
Although ICAEW welcomes the introduction of a general exemption from transfer pricing between UK companies, it is concerned that the removal of the exemption for medium-sized enterprises will increase the administrative burden on many businesses.
Tax news in brief 8 July 2025
- Article
- 08 Jul 2025
Highlights from the broader tax news for the week ending 8 July 2025, including: an update on L-day; and a reminder not to miss the deadline for paying class 1A national insurance contributions (NIC) for 2024/25.
Paying voluntary national insurance contributions while living abroad
- Article
- 08 Jul 2025
ICAEW’s Tax Faculty explains the circumstances in which former UK residents who have moved abroad may wish to consider paying voluntary UK national insurance contributions (NIC).
ICAEW supports improved access to alternative dispute resolution
- Article
- 07 Jul 2025
ICAEW believes that alternative dispute resolution (ADR) can be an effective process to resolve disputes between taxpayers and HMRC and that more should be done to encourage its use.
Displaying 1-10 of 13 results