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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

Five tips for using HMRC’s resolution services for agents
  • Article
  • 23 Apr 2026
ICAEW’s Tax Faculty explains how to get the most from HMRC’s personal tax query resolution service for agents and the agent account manager service.
Tax news in brief 21 April 2026
  • Article
  • 21 Apr 2026
Highlights from the broader tax news for the week ending 21 April 2026, including the latest statistics on HMRC’s performance.
HMRC updates its guidance on Making Tax Digital exemptions
  • Article
  • 21 Apr 2026
ICAEW’s Tax Faculty explains the implications of recent changes to HMRC’s guidance on exemptions from Making Tax Digital (MTD) for income tax, including for taxpayers who complete the SA109 supplementary pages to the tax return.
Over 25,000 winter fuel payment scam referrals made to HMRC
  • Article
  • 16 Apr 2026
HMRC has confirmed that it will not send texts or emails asking for winter fuel payments to be repaid, or to request bank details, as it warns pensioners to be on “high alert for scams”.
Give your views on the tax issues facing small businesses
  • Article
  • 15 Apr 2026
Small businesses and agents can provide feedback on a range of areas, including Making Tax Digital (MTD) for income tax, by completing the Administrative Burdens Advisory Board’s (ABAB) annual survey.
Thousands of taxpayers could be missing out on tax refunds
  • Article
  • 15 Apr 2026
Employees and pensioners are encouraged to check if they are due a pay as you earn (PAYE) tax refund. HMRC’s figures suggest that more than 730,000 PAYE refunds went unclaimed last year, with the average refund worth £855.
Tax news in brief 14 April 2026
  • Article
  • 14 Apr 2026
Highlights from the broader tax news for the two weeks ending 14 April 2026, including a new capital allowances tool from HMRC and new guidance on completing the company tax return.
What is sanctionable conduct?
  • Article
  • 13 Apr 2026
A new regime allowing HMRC to impose significant penalties on tax advisers who engage in sanctionable conduct is now in force. ICAEW explains the emerging views of what is sanctionable conduct.