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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

Tax news in brief 30 September 2026
  • Article
  • 30 Sep 2026
Highlights from the broader tax news for the week ending 30 September 2026, including HMRC's latest one-to-many campaign, focusing on consultants in the medical sector.
In-house tax teams: are you registered as a tax agent with HMRC?
  • Article
  • 29 Sep 2026
ICAEW explains whether in-house tax teams are required to register with HMRC and highlights a potential issue that may affect in-house tax teams with an existing HMRC online services account (OSA) and/or agent services account (ASA).
ICAEW supports government plans to modernise the customs system
  • Article
  • 29 Sep 2026
ICAEW has called for customs modernisation to be designed around the needs of businesses and has recommended that mandatory registration for customs intermediaries is incorporated into the existing regime for tax advisers.
How to Build a Better Tax System: help to reshape the system
  • Video
  • 29 Sep 2026
ICAEW wants members to help refine and prioritise proposals to improve the UK tax system. Chief Executive Alan Vallance urges the people who work with the system every day to help ICAEW make the strongest possible case for change.
HMRC clarifies VAT treatment of fund management services
  • Article
  • 28 Sep 2026
HMRC has published guidelines for compliance (GfC) 20, setting out its recommended approach for determining the VAT treatment of outsourced fund management services, including whether services are single or multiple supplies.
How to: CGT reporting and the self assessment tax return
  • Article
  • 28 Sep 2026
ICAEW is reminding taxpayers and agents completing the self assessment (SA) tax return for 2025/26 to include details of gains that have already been reported, and capital gains tax (CGT) that has already been paid to HMRC. 
Economy explainers: what is payrolling of benefits?
  • Helpsheets and support
  • 28 Sep 2026
ICAEW’s Tax Faculty explains the government’s plans to mandate the reporting of income tax and class 1A national insurance contributions (NICs) for most benefits in kind (BIKs) through pay as you earn (PAYE) in real time information (RTI).
Government proposals for distributions risk stifling growth, says ICAEW
  • Article
  • 23 Sep 2026
ICAEW is concerned that the government’s proposals to reform the tax rules applying where a company carries out a reduction or return of share capital could have negative implications for commercial transactions.