In the UK, where economic resilience, fairness, and long-term investment are critical to national priorities, the strength of the tax system has never mattered more.
In the third paper on building a better tax system, ICAEW explains why the current tax policy framework is incapable of delivering meaningful reform and suggests how it can be improved.
In the second paper on building a better tax system, ICAEW sets out why HMRC’s current transformation programme risks failure and what needs to change for it to succeed.
ICAEW's Ten Tenets for a Better Tax System outline the key characteristics against which tax systems and tax policies can be evaluated. The Tax Faculty has updated the tenets to reflect the modern tax system.
ICAEW research and member insights reveal that many feel it it is too difficult to do business in the UK, with a complex VAT regime, time wasted dealing with HMRC and duplication of reporting requirements. As part of its campaign to back business-led growth, ICAEW has explored the issues and possible solutions.
ICAEW research and member insight reveal that businesses are facing too much uncertainty, thanks to tax volatility and global issues including constantly shifting geopolitics and cyber threats. As part of its campaign to back business-led growth, ICAEW has explored the issues and possible solutions.
Digitalisation is transforming how tax is reported and paid, with significant innovation and investment occurring in countries of all kinds. There is no single pathway to digitalisation, as our case studies show, but there is something to be learned from all of them.
