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Tax

The Tax area has information and guidance on technical and practical tax matters. Under each of the topic headings are links to events, the latest tax news and the Tax Faculty’s publications, including guides, webinars and representations.

MTD for income tax is here

Individuals with combined gross income from sole trades or property over £50,000 must now keep digital accounting records and submit quarterly updates to HMRC. 

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Working in tax

Members working in tax need to be aware of the fundamental principles and the standards for tax planning contained in Professional Conduct in Relation to Taxation (PCRT), ICAEW’s Code of Ethics and their anti-money laundering responsibilities and obligations.
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Tax

Personal tax

Expert commentary and practical guidance from ICAEW related to personal taxation, covering areas including: capital gains tax, income tax, inheritance tax, pensions, residence and domicile, savings and investments and trusts.
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Tax

Business tax

Practical guidance, commentary and support on the taxation of businesses, including: capital allowances, corporation tax, the taxation of partnerships, the self-employed and charities.
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Tax

Making Tax Digital

Making Tax Digital (MTD) is a fundamental change to the administration of the UK tax system. It affects how businesses and other organisations, agents and individuals maintain their accounting and tax records and how they transact and communicate with HMRC. MTD has two key elements, MTD for VAT and MTD for income tax.
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Budgets and legislation

Autumn Budget 2025

Chancellor Rachel Reeves delivered her 2025 Budget on 26 November. Read ICAEW's reaction and analysis to the announcements, measures in the Finance Bill 2025/26 and the subsequent Spring Forecast in March 2026.
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Tax administration

Support for agents on the day-to-day practicalities of tax administration with support on HMRC contacts, filing tax returns and making complaints.

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Tax compliance and investigation

Expert commentary and practical guidance from ICAEW related to tax compliance, as defined by HMRC. This includes appeals and investigations, avoidance, evasion, and penalties.

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Tax reform

As part of its strategy to support people everywhere to do business with confidence, ICAEW draws on its members’ expertise to examine hot topics in tax and provide practical solutions to challenges faced by policymakers and regulators.

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Support and content from ICAEW's Tax Faculty

Tax Faculty

Tax is a fast-moving and ever-changing world. Our expert staff and volunteers, and consultation work with government, means we can bring you the latest developments and expert opinions. Join today to access our resources and keep on top tax form.
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Latest tax news

New standard for customs intermediaries launched
  • Article
  • 05 Jun 2026
The standard sets out expectations for professional conduct, capability and service delivery in a move that the government hopes will improve the quality and consistency of services provided by customs intermediaries.
HMRC publishes detailed guidance on mandatory tax adviser registration
  • Article
  • 04 Jun 2026
The mandatory tax adviser registration manual explains some aspects of the rules and confirms the transitional arrangements applying in some circumstances. However, further explanation is to be added and not all areas are covered.
Tax news in brief 3 June 2026
  • Article
  • 03 Jun 2026
Highlights from the broader tax news for the week ending 3 June 2026, including a reminder from HMRC for agents not to use clients’ log-in details.
Government’s AI chatbot now available for tax queries
  • Article
  • 02 Jun 2026
Users of the GOV.UK app can use a new AI tool, GOV.UK Chat, to answer questions on a range of areas, including tax. As for all AI tools, responses should be treated with caution.
MTD income tax and claims for averaging relief
  • Article
  • 02 Jun 2026
In a change to HMRC’s guidance, not all taxpayers who claimed averaging relief in their 2024/25 self assessment (SA) tax return are automatically exempt from Making Tax Digital (MTD) for income tax for 2026/27.
Consider treating stablecoins as money for tax purposes, says ICAEW
  • Article
  • 02 Jun 2026
ICAEW has expressed broad support for taxing returns on stablecoins as interest, and not as capital gains, in its response to the government’s call for evidence on the possible introduction of a new stablecoin tax regime.
More time needed to standardise company tax returns, says ICAEW
  • Article
  • 02 Jun 2026
ICAEW has made a number of recommendations in its response to HMRC’s consultation on modernising and standardising company tax returns, including extending the pilot phase to allow agents and companies more time to prepare.
Tax news highlights from May 2026
  • Article
  • 29 May 2026
ICAEW’s Tax Faculty provides a summary of some of the key developments in tax in May 2026 and explains where you can find further information.