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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

HMRC targets tax liabilities from cryptoassets
  • Article
  • 23 Jul 2026
In its latest one-to-many (OTM) campaign, HMRC is encouraging wealthy taxpayers to check that they have paid the correct amount of tax on transactions in cryptoassets.
Tax news in brief 22 July 2026
  • Article
  • 22 Jul 2026
Highlights from the broader tax news for the week ending 22 July 2026, including the appointment of a new Chancellor of the Exchequer.
HMRC confirms its position on the VAT treatment of supplies of medical staff
  • Article
  • 21 Jul 2026
HMRC now accepts that supplies of locum doctors may be exempt from VAT where the doctors are registered with the General Medical Council (GMC) and perform medical services in that professional capacity.
HMRC should consider making better use of its powers, say MPs
  • Article
  • 21 Jul 2026
While recognising that HMRC’s large business directorate is working well, Parliament’s Public Accounts Committee (PAC) has identified a number of areas for improvement, including how HMRC approaches the special measures regime.
Agents face choice between separate and shared credentials for HMRC accounts
  • Article
  • 20 Jul 2026
A recent ICAEW poll reveals that individual logins for staff members may be the preferred option for managing access to agent accounts. However, some will continue using shared credentials and many are still undecided.
Timetable for mandatory agent registration confirmed
  • Article
  • 15 Jul 2026
Regulations made on 13 July 2026 confirm the timetable for mandatory agent registration with HMRC and explain the position for advisers that have an agent services account (ASA).
Tax news in brief 15 July 2026
  • Article
  • 15 Jul 2026
Highlights from the broader tax news for the week ending 15 July 2026, including an update from HMRC on the use of incorrect state pension figures in tax calculations.
Opinions mixed on HMRC performance for 2025/26
  • Article
  • 14 Jul 2026
HMRC answered calls and responded to post more quickly in 2025/26 than in previous years. However, a survey of agents and taxpayers suggests that the quality of HMRC’s services continues to fall short of expected standards.