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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 to begin signing up taxpayers for MTD income tax
  • Article
  • 19 Aug 2026
From September 2026, HMRC will sign up taxpayers within scope of MTD income tax from April 2026 that have not done so themselves. Taxpayers – and agents on their behalf – are encouraged to take action before HMRC does.
Tax news in brief 19 August 2026
  • Article
  • 19 Aug 2026
Highlights from the broader tax news for the two weeks ending 19 August 2026, including new guidance from HMRC on applying the tax rules for short-term business visitors to the UK.
ICAEW rejects case for new recklessness offence
  • Article
  • 18 Aug 2026
HMRC should make better use of its current powers before the government considers introducing a new criminal offence for recklessly making an untrue statement to HMRC regarding a direct tax matter, says ICAEW.
ICAEW cautions against mandating direct debits for VAT and PAYE
  • Article
  • 17 Aug 2026
Requiring payment of VAT and pay as you earn (PAYE) by direct debit is not a suitable measure to tackle late payment and tax debt, says ICAEW in its response to the government’s consultation.
Significant concerns raised over plans for earlier payment of income tax
  • Article
  • 11 Aug 2026
In its response to the government’s consultation on more timely payment of income tax self assessment (ITSA), ICAEW has warned that the policy may overburden employers and cause hardship for taxpayers.
Proportionate response needed to plastic packaging tax concerns, says ICAEW
  • Article
  • 11 Aug 2026
Responding to the consultation on introducing a mandatory certification requirement for plastic packaging tax (PPT), ICAEW has encouraged the government to make better use of existing data alongside targeted compliance interventions.
ICAEW welcomes tax reforms for members of reverse hybrids
  • Article
  • 11 Aug 2026
ICAEW has expressed support for the government’s plans to remove tax barriers that deter individuals from moving to, working in and investing in the UK, and has suggested the government should go further.
Tax news in brief 5 August 2026
  • Article
  • 05 Aug 2026
Highlights from the broader tax news for the week ending 5 August 2026, including the announcement that the Budget 2026 will be delivered on 28 October 2026.