MTD for income tax
HMRC has published the latest edition of its MTD for income tax software developer newsletter. Although aimed at software developers, the newsletter includes useful guidance for agents, including:
- how to resolve common issues;
- how to access support from HMRC; and
- recent and planned HMRC communications.
Further information
- Budget: MTD penalty soft landing and exclusions | ICAEW
- How to get help ahead of the next MTD deadline on 7 November | ICAEW
Finance Bill process
ICAEW has given written evidence to the House of Lords Economic Affairs Finance Bill Sub-Committee on the following measures:
- the proposed reforms to correction of errors;
- the proposed criminal offence for reckless untrue statements;
- mandatory payrolling of benefits in kind;
- low value imports; and
- the new securities transfer tax.
Adelle Greenwood, Tax Technical Manager, ICAEW, gave oral evidence on mandatory payrolling of benefits in kind to the committee on 29 October 2026.
Further information
- ICAEW responds to draft Finance Bill provisions | ICAEW
- Tax Track podcast - payrolling of benefits | ICAEW
Paying employer's PAYE
HMRC has reminded employers that the November 2026 electronic payment deadline falls on Sunday 22 November 2026. To make sure the payment for the month reaches HMRC on time, the employer needs to have funds cleared into HMRC’s account by 20 November 2026, unless they are able to arrange a faster payment.
Employer-provided welfare counselling
HMRC has updated its guidance on the tax treatment of employer-provided welfare counselling to include additional examples and clearer links to related guidance. HMRC says that the changes have been made to help employers "understand how the existing exemption applies", and that "the updated guidance does not change the legislation or extend the scope of the exemption".
ICAEW on the budget
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.