Frequently used Bloomsbury content

Registered users can go directly to Bloomsbury Professional Online and use the ICAEW link to login.

If you are not registered, individuals in eligible firms can register for access online.

There were several announcements in the Budget statement on 26 November relating to employment taxes, principally the freezing of the personal income tax thresholds and the change to the National Insurance treatment of salary sacrifice pension schemes. These and other measures are summarised on the homepage of Bloomsbury Professional’s Taxation of Employments commentary.

First shared in Practicewire in December 2025

The FTT decision in Berrell & Anor v Revenue and Customs [2025] UKFTT 1067 (TC) overturned HMRC judgement on whether a MDR claim was applicable where a main house had an annexe attached. Further reading on the meaning of a dwelling is contained in the Bloomsbury Professional Stamp Taxes commentary.

First shared in Practicewire in December 2025

Although the remittance basis is abolished from 6 April 2025, it is still possible for individuals who are not domiciled in the UK to claim Business Investment Relief (BIR) for income and gains arising in previous tax years and remitted after that date, provided that the funds are invested before 6 April 2028 and are not designated as ‘TRF Capital. The usefulness of this relief is highlighted in Bloomsbury Professionals Capital Gains Tax Reliefs for SMEs and Entrepreneurs.

First shared in Practicewire in November 2025

The importance of meeting all the qualifying conditions in applying for enterprise investment scheme (EIS) relief was highlighted by the First Tier Tribunal in their decision in York SD Ltd & Ors v Revenue and Customs [2025] UKFTT 877 (TC). Practitioners can find some useful guidance on the EIS legislation in Rayney’s Tax Planning for Family and Owner-Managed Companies in the Bloomsbury Accounting and Tax Service.

First shared in Practicewire in October 2025

Draft legislation published in July includes changes to the digital record keeping requirements, income thresholds and exemptions under MTD ITSA. These changes are outlined in the most recent update to Bloomsbury Professionals' Making Tax Digital Tracker.

First shared in Practicewire in September 2025

As a result of the replacement of the domicile-based system for IHT purposes being replaced by a residence-based system from 6 April 2025, certain property will now be outside the scope of IHT. These rules are summarised in the latest Busy Practitioner published on the Bloomsbury Accounting and Tax Service. Users are also directed to Ray and McLaughlin’s Practical Inheritance Tax Planning

First shared in Practicewire in August 2025

The most recent revision to FRS 102 included a new five-step model approach to revenue recognition. Steve Colling’s update to Financial Reporting for Unlisted Companies in the UK and Republic of Ireland includes commentary with examples showing how the steps should be applied in practice.

First shared in Practicewire in June 2025

Among the announcements in the Spring Statement relating to Making Tax Digital were details of the new exemptions and deferrals from MTD ITSA for certain taxpayers. These are detailed in the latest update to the Bloomsbury Professional Making Tax Digital Tracker.

First shared in Practicewire in May 2025

The recent case decision in A Taxpayer v Revenue and Customs Commissioners [2025] EWCA Civ 106 saw a ruling in favour of the taxpayer in relation to the exceptional circumstances rule for the statutory residence test. There is useful guidance on these rules in Booth and Schwarz: Residence, Domicile and UK Taxation.

First shared in Practicewire in April 2025

One of the principal amendments made to FRS 102 in the last periodic review from the FRC was to the section on leases. Under the new recognition and measurement principles, a lessee no longer distinguishes between an operating lease and a finance lease. This important change is among many picked up in the recent update to Small Company Financial Reporting in the Bloomsbury Accounting and Tax Service.

First shared in Practicewire in February 2025

The recent set of Tax case summaries highlighted the FTT decision in Visual Investments International Limited v HMRC [2024] UKFTT 843 (TC), where the appellants appeal about the recovery of input tax was dismissed. Detailed guidance on what a business can recover input tax on is contained in the Bloomsbury VAT annual.

First shared in Practicewire in December 2024

Ensure you're on top of the key items announced in Labour’s budget in Bloomsbury's comprehensive Autumn Budget summary and see updates across impacted titles in their collection.

First shared in Practicewire in November 2024

Users of the Bloomsbury Accounting and Tax service now have access to an updated commentary dealing with the taxation of intellectual property.

One of the features of this is a new section on cryptoassets by Julian Hickey.

The recent decision in Ancient and Modern Jewellers Limited and Zachary Coles v HMRC [2024] UKFTT 774 (TC) is a important one in terms of emphasising the need for proper application of the VAT second-hand goods scheme rules. The Bloomsbury Professional VAT annual contains some useful guidance on this subject.

The date on which an individual commences a trade can be important for various tax reasons. For example, the date determines the start of the opening basis period for which the profit (or loss) of the trade is calculated. The commencement of a new trade also gives rise to statutory compliance obligations, such as in terms of notification and reporting to (HMRC). Guidance looking at some tests to consider has just been in the Bloomsbury Accounting and Tax Service.

In Trustees of the Peter Buckley Settlement v HMRC, 2024 (TC09022), the First-tier Tax Tribunal (FTT) rejected a trust’s application for entrepreneurs’ relief from capital gains tax on a share disposal because the relevant shares were not personally owned by the qualifying beneficiary for the required period. Bloomsbury’s Tax Planning commentary has some valuable commentary on the status of shares.

First shared in Practicewire in August 2024

The Upper Tribunal recently upheld the FTT decision in A D Bly Groundworks and Civil Engineering Ltd & Anor v Revenue and Customs which concluded the appellants liability to pay pensions to employees was not incurred wholly and exclusively for the purposes of the appellants trades. Users of the Bloomsbury Accounting and Tax Service can find more guidance on the “wholly and exclusively” rules in the A-Z of Business Tax Deductions product.

First shared in Practicewire in July 2024

An important part of the overall recent reform of R&D incentives includes limits to the non-territorial basis of subcontractor and externally provided workers’ cost to UK situs activity. Commentary on these rules is included in a new section of Bloomsbury Professionals Research and Development Tax Reliefs.

First shared in Practicewire in June 2024

Practice members now have access to a new expert commentary in the Bloomsbury Accounting and Tax Service. Our Family Investment Companies product by Deborah Clark at Mills & Reeve. A Family Investment Company (FIC) is a bespoke vehicle which can be used as an alternative to a family trust.

First shared in Practicewire in June 2024

The FTT decision in Patwary v HMRC [2024] UKFTT 29 (TC) demonstrated the need for evidence to support a claim to residence relief. Users of the Bloomsbury Accounting and Tax Service can read the details of the case and the relevant law in the Main residence relief section of the Capital Gains Tax Annual.

First shared in Practicewire in May 2024

The Spring Budget introduced a restriction to agricultural property relief and woodlands relief from inheritance tax to property located in the UK from 6 April 2024.

These changes are highlighted in the most recent update to Bloomsbury Professional's Busy Practitioner.

First shared in Practicewire in May 2024

In close companies, companies, assets are commonly transferred from the company to its owners and family members. While practitioners dealing with such transactions routinely consider the income tax and NIC implications for the recipients and the corporation tax issues for the company, IHT implications can be over looked.

The latest update to Bloomsbury Professional’s Busy Practitioner contains some valuable advice on this issue.

First shared in Practicewire in April 2024

On 22 February 2024, updated regulations (the ‘amending regulations’) were laid before Parliament which amend the record keeping requirements in Regulation 6 of the Income Tax (Digital Requirements) Regulations 2021 (SI 2021/1076) (‘MTD ITSA Regs)’. These changes are reflected in the recent update to Bloomsbury Professionals’ Making Tax Digital Tracker.

First shared in Practicewire in April 2024

Some new content has been added to the Bloomsbury Professional online resource.

The Tax Litigation Handbook, authored by a specialist team at Pump Court Tax Chambers. They aim to share some of their knowledge and practical experience in relation to the procedures for engaging in tax enquiries, investigations and the main types of tax litigation, not only before the Tax Tribunals, but also judicial review, professional negligence, High Court applications, and enforcement and insolvency litigation.

First shared in Practicewire in March 2024

Finance (No 2) Bill 2023 contained a provision which extends the time limit for companies to notify HMRC of a grant of EMI options. The aim is to support small and medium sized companies to recruit and retain staff by simplifying the process to grant EMI options.

This will apply from 6 April 2024 and is covered in the recent update to Bloomsbury Professional’s Employee Share Schemes commentary (Chapter 8: Enterprise Management Incentives).

First shared in Practicewire in March 2024

A reminder that following a transitional year, the way in which the profit and loss of a business is calculated for income tax purposes changes from the current year basis to the tax year basis from 6 April 2024 for sole traders, partners in trading partnerships, other incorporated entities with trading income and non-resident companies with trading income charged to Income Tax.

A summary of the news rules, with examples, can be found in the Bloomsbury Professional A-Z of Business Tax Deductions, section 5.7

First shared in Practicewire in February 2024

When a company acquires a business under a sale agreement, the goodwill will normally be treated as having been acquired on the date of the contract. However, it is possible for there to be a different acquisition date where there has been a de facto transfer of the business outside of the sale agreement.

The latest update to the Capital Gains Tax Reliefs for SMEs and Entrepreneurs commentary incudes analysis of the decision in 2 Green Smile Ltd v HMRC [2023] UKFTT 15 (TC) which considered this issue.

First shared in Practicewire in January 2024

HMRC have been challenging a number of claims that the non-residential rates of SDLT apply to the purchase of a dwelling with land, where the taxpayer was claiming that the land acquired was not part of the ‘garden or grounds’ of the dwelling. Bloomsbury Professional’s Stamp Taxes commentary contains a number of case decisions practitioners will do well to consider when preparing a claim.

First shared in Practicewire in November 2023

The tax treatment of payments received by those leaving employment are often complicated and this needs be borne in mind when appealing any decision to the Tribunal. The latest update to Tax on the Termination of Employment in the Bloomsbury Accounting and Tax service includes commentary based on Mrs A v RCC [2022] UKFTT 421 which considered whether a payment for a restrictive undertaking was taxable.

First shared in Practicewire in October 2023

The recent Upper Tribunal decision in Cumming-Bruce HMRC [2022] UKUT233 (TCC) was a reminder to practitioners that a claim for a CGT loss needs to be made in the return for the year in which the loss was incurred. The summary was included in last month’s update to Guide to Tax Payers’ Rights and HMRC Powers in the Bloomsbury Tax and Accounting Library.

First shared in Practicewire in September 2023

A recent FTT decision summarised in the Bloomsbury Professional Tax Case Summaries Shah v Revenue and Customs [2023] UKFTT 539 (TC) found against the appellant on the question as to whether or not he had abandoned his domicile of choice in England and Wales.

Further guidance on domicile of choice, including further useful case summaries, can be found in in a number of products in the Bloomsbury Accounting and Tax Service, including Personal Tax Planning and Booth and Schwarz on Residence, Domicile and UK Taxation.

First shared in Practicewire in September 2023

A new addition to the Tax Case Summaries product in the Bloomsbury Accounting and Tax Service is the decision in Nduka v Revenue and Customs [2023] UKFTT 420 (TC), which looked at allowable employment expenses. The Expenses section in our Taxation of Employments product is a useful reference point for practitioners.

First shared in Practicewire in August 2023

The latest update to the Accounts and Audit of Limited Liability Partnerships content on the Bloomsbury Accounting and Tax Service is now live. As well as commentary and worked examples, members may not be aware that this content includes pro forma financial statements for single LLPs and Groups.

First shared in Practicewire in July 2023

The most recent update of Robert Maas’s Taxation of Employments on the Bloomsbury Accounting and Tax Service features analysis of the Court of Appeal Decision on HMRC v Atholl House Productions Ltd [2022] EWCA Civ 501, which advisers should now view as one of the most definitive cases on employment status.

The key points are set out here: Meaning of 'employment', section 4.23-4.24, Taxation of Employments.

First shared in Practicewire in July 2023

One of the CGT measures announced in the Finance Bill is aimed at disposal of assets under unconditional contracts in certain cases. Some analysis of this was included in the last update to Bloomsbury Professionals Busy Practitioner content. Related commentary can be found in the Capital Gains Tax Annual.

First shared in Practicewire in June 2023

At the Spring Budget 2023, one of the consultations launched by HMRC is looking at extending the scope of the self-employed cash basis. One of the latest technical updates in the Bloomsbury Tax and Accounting Service looks at the background to this document and why it has been introduced.

First shared in Practicewire in March 2023

Do the calculations of profits and losses arising from let property and from furnished holiday lettings (FHL) need to be kept separate when both categories of property are held within the same company? The complexities of this issue are dealt with in the latest technical briefing published in the Bloomsbury Accounting and Tax Service.

First shared in Practicewire in March 2023

The transition period for the change to the basis periods rules is almost upon us. Under this change, all profits will be assessed on an actual tax year basis and this will present particular challenges to many farmers whose annual accounts are prepared solely for tax purposes. The Bloomsbury Tax and Accounting Service has useful guidance on this issue in Tax Planning for Farm and Land Diversification.

First shared in Practicewire in March 2023

A recent case decision (Cobalt Data Centre 2 LLP and another v HMRC [2022] EWCA Civ 1422) covered in the recent update to the Corporation Tax annual in the Bloomsbury Accounting and Tax Service, has highlighted that practitioners need to be aware of the impact on tax relief claims when alterations are made to a contract relating to the acquisition of plant and machinery.

First shared in Practicewire in February 2023

The Government is keen to encourage Real Estate Investment Trusts (REITs) to provide housing. The tax regime for Real Estate Investment Trusts were relaxed in Finance Act 2022, and these are explained in the most recent update to Robert Maas’s Property Taxes in the Bloomsbury Accounting and Tax Service.

First shared in Practicewire in February 2023

Registered users can go directly to Bloomsbury Professional Online and use the ICAEW link to login.

If you are not registered, individuals in eligible firms can register for access online.

Who is eligible?

All staff and ACA students who work in an ICAEW firm which is part of the Practice Assurance scheme, and/or is regulated, supervised or authorised by ICAEW for one or more of the following:

• Audit
• DPB
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• Licensed Practitioner Scheme
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• AML.