Webinar
EU CBAM trader responsibilities
ChamberCustoms is hosting a free webinar on the EU Carbon Border Adjustment Mechanism (CBAM) and what it means for exporters, outlining responsibilities for businesses whose goods fall within scope.
Practical points: business tax 2024
Every month, the Tax Faculty publishes short, practical pieces of guidance to help agents and practitioners in their day-to-day work.
Off-payroll working and IR35
Off-payroll working, commonly referred to as "IR35", is the name given to the anti-avoidance legislation that ensures individuals providing services through an intermediary company are taxed correctly. Here you will find practical guidance, webinars and other resources related to IR35 and the taxation of intermediaries.
Corporation tax
New HMRC tool for providing details of directors’ loans
- Article
- 09 Apr 2026
ICAEW’s Tax Faculty explores recent developments relating to loans made by close companies to participators, including a new tool for providing information to HMRC about loan repayments.
Tax news in brief 31 March 2026
- Article
- 31 Mar 2026
Highlights from the broader tax news for the week ending 31 March 2026, including updates on Making Tax Digital (MTD) for income tax and the Carbon Border Adjustment Mechanism (CBAM).
Exclusive
Property rental businesses
- eBook chapter
- 27 Mar 2026
A full chapter covering the tax principles and framework for deductions by unincorporated property businesses.
Why the crypto asset reporting framework matters
- Article
- 24 Mar 2026
Three months on from its introduction, we explain what the UK’s crypto asset reporting framework (CARF) means for individuals buying and selling crypto assets, and how CARF is expected to evolve as more countries look to implement it.
Employment taxes
Practical guidance, commentary and support on employment taxation, including: benefits and expenses, company car tax, national insurance, PAYE and real-time information, and the taxation of intermediaries.
Latest articles
Discovery assessments upheld on taxpayer who used repayment agent
- Helpsheets and support
- 01 Apr 2026
The taxpayer was paid through pay as you earn (PAYE), and wanted to claim employment expenses in excess of what could be included in his PAYE code. He signed up with an online agent who was due to arrange the tax refund for him...
Public budget overrun in February pales compared with what is coming
- Article
- 23 Mar 2026
The year-to-date budget overrun jumped to £21bn in February, an unhelpful development for a Chancellor trying to calculate just how much extra she might be able to borrow to bail out households facing large rises in their energy bills.
Close companies face additional reporting requirements
- Article
- 20 Mar 2026
Under new government proposals, close companies will have to report details of transactions with participators to HMRC, including the amount, date and details of the recipient for each transaction.
National Insurance
Public budget overrun in February pales compared with what is coming
- Article
- 23 Mar 2026
The year-to-date budget overrun jumped to £21bn in February, an unhelpful development for a Chancellor trying to calculate just how much extra she might be able to borrow to bail out households facing large rises in their energy bills.
Return obligation relaxed for short-term business visitors
- Article
- 09 Mar 2026
The obligation to report non-tax advantaged employment related securities (ERS) data for short-term business visitors (STBV) has been removed where no UK income tax or national insurance contributions (NIC) would be due.
Exclusive
HMRC clarifies tax treatment of deferred remuneration
- Article
- 25 Feb 2026
In the second of two articles on deferred remuneration paid to globally mobile or cross-border workers, Adelle Greenwood looks at new HMRC guidance on applying the charge to income tax.
VAT
Exclusive
Tour Operators Margin Scheme
- Helpsheets and support
- 10 Apr 2026
FAQ about whether a UK VAT-registered taxi firm can use the Tour Operators Margin Scheme (TOMS) for passenger transport services bought and resold to end customers.
VAT treatment of plan bundles
- Helpsheets and support
- 01 Apr 2026
Lycamobile UK Limited sold ‘plan bundles’ to UK customers, comprising rights to access telecommunication services, that is, telephone calls, text messages, and data...
Pre-registration VAT
- Helpsheets and support
- 01 Apr 2026
From 2009, Aspire in the Community (ACL) provided VAT exempt welfare services. Aspire in the Community Services Limited (ACSL) was incorporated in 2011, and later became a supplier to local authorities and clinical commissioning groups...
Business rates
Member insights: too many hurdles for businesses
- Article
- 26 Feb 2026
The latest ICAEW member insights point to a mixed and uneven start to 2026. While some businesses report pockets of international growth, particularly in the US and parts of Asia, domestic conditions remain challenging.
Winners and losers from capital allowances changes
- Article
- 02 Feb 2026
The new 40% first year allowance (FYA) may benefit some businesses, including those in the leasing sector. However, more businesses could lose out because of the cut in the main rate of the writing down allowance (WDA).
Additional business rates support announced for pubs
- Article
- 28 Jan 2026
The government estimates that the average pub in England will save £1,650 in business rates in 2026-27 as a result of measures announced on 27 January 2026.
Capital allowances
Transcript: MTD Live: are you (and HMRC) ready for MTD?
- Transcript
- 05 Mar 2026
In a special episode of The Tax Track, recorded at ICAEW’s MTD Live event on 23 February 2026, we speak to HMRC and practitioners on how they are preparing for Making Tax Digital (MTD) for income tax, which is due to start from April 2026.
Prepare for 2026/27: Businesses
- Article
- 24 Feb 2026
April 2026 sees the start of Making Tax Digital (MTD) for income tax, changes to capital allowances and the construction industry scheme (CIS), and the introduction of a new VAT relief for qualifying donations of goods to charities.
Visitor levy should be consistent across England, says ICAEW
- Article
- 18 Feb 2026
Responding to the government’s consultation on a visitor levy, ICAEW has called for a national model scheme that will ensure consistency while giving mayors in England flexibility to address local circumstances and needs.
Environmental taxes
Transition to EVs could be threatened by overly complex duty implementation, ICAEW warns
- Press release
- 20 Mar 2026
The proposed electric vehicle excise duty (eVED), due to be introduced in April 2028, risks creating unnecessary administrative complexity unless it is carefully designed around automation and simplicity from the outset, chartered accountancy body ICAEW has warned.
Carbon Border Adjustment Mechanism begins to take shape
- Article
- 12 Feb 2026
The government has published draft regulations for technical consultation setting out how the Carbon Border Adjustment Mechanism (CBAM) will work when it is introduced from 1 January 2027.
Scottish Aggregates Tax (Miscellaneous Amendments) Regulations 2026: business and regulatory impact assessment
- Regulations
- 05 Feb 2026
Tax in Scotland: aggregates levy has been devolved for Scotland. The Aggregates Tax and Devolved Taxes Administration (Scotland) Act 2024 becomes effective 1 April 2026. This paper explains how UK and Scottish taxation law operate alongside each other.
Partnership taxation
NICs for LLPs: a policy that risks shrinking the tax base, not growing it
- Article
- 30 Oct 2025
This week I wrote to the Chancellor of the Exchequer to express ICAEW’s concern about reports that the government may apply a charge equivalent to employer national insurance contributions (NICs) to members of limited liability partnerships (LLPs).
Small business tax saving tactics: tax planning for sole traders and partnerships, 13th ed.
- Library book
- 01 Oct 2025
A practical guide to tax saving techniques that can help self-employed business owners (sole traders and partnerships) to pay less tax on their profits. Includes numerous easy-to-follow examples.
Exclusive
Changes in company size thresholds and directors’ report requirements
- Helpsheets and support
- 28 Mar 2025
New regulations that increase company size thresholds and remove certain requirements from the directors’ report are effective from 6 April 2025. The Corporate Reporting Faculty provides an overview of the changes.
Self-employed and tax
Exclusive
Cash accounting scheme exemption
- Helpsheets and support
- 06 Jan 2026
FAQ about what values a VAT-registered client should use to calculate an exemption from the cash accounting scheme, for a small residential property portfolio they hold.
Claiming relief for a trade loss
- Article
- 26 Nov 2025
ICAEW’s Tax Faculty explains the options for claiming relief for a loss made by an individual in their trade and how to give effect to the claim in a tax return.
Tax return class 2 NIC issue is resolved, says HMRC
- Article
- 20 Nov 2025
HMRC has confirmed that SA302 tax calculations for 2024/25 issued since 29 September 2025 will show the correct class 2 national insurance contributions (NIC). This follows a fix implemented by HMRC on 27 and 28 September 2025.
Devolved taxes
Devolved taxes
- Hub page
- 27 Apr 2018
Support and guidance on taxation under the devolved governments of the UK; Northern Ireland, Scotland and Wales.
Bloomsbury Accounting and Tax Service - eBooks on devolved taxes
- Listing
- 21 Apr 2021
Browse Bloomsbury Accounting and Tax Service eBooks on devolved taxes.
Customs duties
Government should act sooner on low-value imports, says ICAEW
- Article
- 09 Mar 2026
Responding to the consultation on removing customs duty relief for low-value imports (LVI), ICAEW has warned that the proposed implementation date of March 2029 is too late to protect UK retailers and fully compliant overseas sellers effectively.
Exclusive
Reconciling customs values with transfer pricing
- Article
- 20 Jan 2026
Ian Worth explains why transfer pricing adjustments can cause problems when it comes to customs valuations and explains a possible solution.
Budget: New levies include charge on electric vehicles
- Article
- 26 Nov 2025
The Chancellor announced a number of changes to levies and duties at the Autumn Budget 2025, including the introduction of a new levy on drivers of electric cars from April 2028.
Charities
DMCCA update: what it means for your charity’s membership income and gift aid eligibility
- Article
- 10 Apr 2026
The UK government has recently published its response to the consultation on the Digital Markets, Competition and Consumers Act (DMCCA) 2024, which introduces a new regime to regulate subscription contracts. While the legislation aims to protect consumers from subscription traps, it had raised significant concerns about a potential loss of membership income and the impact on Gift Aid eligibility within the charity sector.
Tax code changes for employment expenses and gift aid relief
- Article
- 23 Jan 2026
From April 2026, employment expenses and gift aid will be removed from the tax codes of some taxpayers where HMRC’s data shows that they are unlikely to be accurate or relevant.
ICAEW urges government to reconsider tax changes for charities
- Article
- 01 Sep 2025
ICAEW believes that some of the changes proposed by the government could cause uncertainty and may even discourage potential donors from leaving gifts to charities in their will.
Exclusive
Baa Bar Group plc - McArthur and HMRC [2020] (part two)
- Article
- 22 Nov 2023
This is a gift aid case: Baa Bar Group plc had acquired an eponymous company which owned student bars in Liverpool and Manchester. The gifting of shares in Baa Bar Group plc three months after listing onto the CISX was the tax event that dragged this case to the doors of the Tax Tribunal, albeit as the culmination of a legal process taking 17 years.
Construction industry scheme
Tax news in brief 24 March 2026
- Article
- 24 Mar 2026
Highlights from the broader tax news for the week ending 24 March 2026, including updates on Making Tax Digital (MTD) for income tax and the construction industry scheme (CIS).
Income Tax (Construction Industry Scheme) (Amendment) Regulations, SI 2026/289
- Regulations
- 13 Mar 2026
The Statutory Instrument requires contractors, whose business includes construction operations, to make returns to His Majesty’s Revenue and Customs (“HMRC”) where the contractor has not made any payments to sub-contractors in a tax month (a nil return) unless the contractor notifies HMRC that they will make no payments for the tax month. The regulations come into force on 6 April 2026.
Prepare for 2026/27: Businesses
- Article
- 24 Feb 2026
April 2026 sees the start of Making Tax Digital (MTD) for income tax, changes to capital allowances and the construction industry scheme (CIS), and the introduction of a new VAT relief for qualifying donations of goods to charities.
Tax news in brief 13 January 2026
- Article
- 14 Jan 2026
Highlights from the broader tax news for the week ending 13 January 2026, including: an update from HMRC on testing of Making Tax Digital (MTD) for income tax; and a consultation on changes to the construction industry scheme (CIS).
International taxes
Expert commentary and practical guidance from ICAEW related to international taxation regimes. You may also be interested in searching our tax guides by country.
BEPS
- Hub page
- 30 Jan 2018
Expert commentary and practical guidance from ICAEW related to base erosion and profit shifting, commonly known as BEPS, within international taxation.
Mandatory disclosure rules and DAC 6
- Hub page
- 03 Jul 2020
Practical guidance and support on tax disclosure around the world, including the UK's Mandatory Disclosure Rules and DAC 6.
Double tax agreements
- Hub page
- 30 Jan 2018
Expert commentary and practical guidance from ICAEW on issues related to double taxation and the use of tax treaties in international taxation
FATCA and CRS
- Hub page
- 10 May 2018
Guidance and information on the Foreign Account Tax Compliance Act (FATCA) and the Common Standard on Reporting and Due Diligence for Financial Account Information (CRS).
Transfer pricing
- Hub page
- 30 Jan 2018
Expert commentary and practical guidance from ICAEW related to transfer pricing in international taxation.
Residence and domicile
- Hub page
- 30 Jan 2018
Expert commentary and practical guidance from ICAEW related to residence and domicile in the UK personal tax regime, including offshore investments.
Sector specific and situation specific taxes
Certain industries have their own tax arrangements, while major events, such as the coronavirus pandemic, can also give rise to their own solutions.
Charities and taxation
Expert commentary and practical guidance from ICAEW related to the taxation of charitable organisations within the UK.
View allConstruction Industry Scheme
Expert commentary and practical guidance from ICAEW on the construction industry scheme (CIS) and how it applies for businesses within the UK tax regime.
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