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
Prepare for 2026/27: Companies
- Article
- 25 Feb 2026
ICAEW’s Tax Faculty highlights some of the key changes for companies ahead of the start of the new financial year on 1 April 2026, including increased penalties for the late filing of company tax returns.
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.
Give your views on how to simplify tax
- Article
- 24 Feb 2026
Three years after the Office of Tax Simplification (OTS) came to an end, a team with links to the OTS hopes to revive its work on the competitiveness of the UK tax system and is gathering evidence on how to simplify tax compliance.
Tax news in brief 24 February 2026
- Article
- 24 Feb 2026
Highlights from the broader tax news for the week ending 24 February 2026, including an update from HMRC on the suppression of corporation tax payment reminder letters for some companies.
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
Tax news in brief 3 March 2026
- Article
- 03 Mar 2026
Highlights from the broader tax news for the week ending 3 March 2026, including: new advisory fuel rates; and updated guidance from HMRC on the definition of research and development (R&D) for tax purposes.
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.
Record January surplus not enough to return public finances to budget
- Article
- 23 Feb 2026
Better than expected self-assessment receipts contributed to a fiscal surplus in January, clawing back almost half of the year-to-date budget overrun.
National Insurance
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.
Record January surplus not enough to return public finances to budget
- Article
- 23 Feb 2026
Better than expected self-assessment receipts contributed to a fiscal surplus in January, clawing back almost half of the year-to-date budget overrun.
Prepare for 2026/27: Individuals
- Article
- 16 Feb 2026
ICAEW’s Tax Faculty provides a summary of some of the key changes affecting individuals from 6 April 2026, including increases to some of the rates of income tax and capital gains tax (CGT), as well as reforms to inheritance tax (IHT).
VAT
MTD for income tax: delays in changing VAT periods
- Article
- 05 Mar 2026
Businesses and agents who are considering changing VAT accounting periods to align with Making Tax Digital (MTD) for income tax should be aware that HMRC may take longer than normal to approve the change.
VAT recovery on share sales post Hotel La Tour
- Article
- 04 Mar 2026
In December 2025, the Supreme Court brought the long-running Hotel La Tour (HLT) saga to an end, confirming long-standing principles of VAT recovery on costs related to share sales. ICAEW’s Tax Faculty explains the implications for businesses.
Exclusive
Place of supply for audit services
- Helpsheets and support
- 03 Mar 2026
FAQ about establishing the Place of Supply for a UK-based accountant who charges a fee to audit overseas clients' UK Ltd, VAT registered companies.
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
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.
Finance Bill 2026
- Library book
- 01 Feb 2026
A short digest summarising the measures included in the Finance Bill 2025–26. Covers changes related to income tax, capital gains tax, corporate taxes, inheritance tax, vaping products duty, carbon border adjustment mechanism, avoidance, tax advisers, and other matters.
Scottish Budget makes changes to income tax thresholds
- Article
- 14 Jan 2026
ICAEW’s Tax Faculty highlights some of the key announcements from the Scottish Budget, including changes to the income bands for the starter, basic and intermediate rates of Scottish income tax and a package of non-domestic (business) rates reliefs.
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
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.
Four customs headaches for temporary exports
- Article
- 20 Nov 2025
The frustrations of customs compliance have forced one UK-based business to find an EU-based distributor to do the heavy lifting for its European customers, but shipping demo products to trade shows continues to present customs challenges.
Charities
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.
Exclusive
Baa Bar Group plc - McArthur and HMRC [2020] (part one)
- Article
- 22 Nov 2023
This is another case relating to gift aid. Readers may recall the cases of N Green and HMRC, and also J Netley and HMRC, both relating to gifts of shares to charities. These gifts were made shortly after the entry of cash shell companies onto the Channel Islands Stock Exchange or AIM. The cash shell companies had very recently acquired trading subsidiary undertakings. This case has similar features.
Construction industry scheme
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).
Tax news in brief 16 December 2025
- Article
- 16 Dec 2025
Highlights from the broader tax news for the week ending 16 December 2025, including: initial guidance from HMRC on the new advance tax certainty service; and an update on HMRC performance.
Exclusive
Status of a company for Construction Industry Scheme purposes
- Helpsheets and support
- 04 Dec 2025
FAQ about the status of a client's company in relation to a house it has purchased to renovate and let, and whether it counts as a contractor for CIS purposes.
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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