HMRC contact information, including telephone numbers, online options and postal addresses, together with tips.
This guidance provides a summary of key tax rates, allowances and reliefs for 2017/18, 2018/19 and 2019/20.
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.
ICAEW's Tax Faculty produces TAXguides to provide practical support on technical areas of tax
A new regime for taxing termination payments was introduced from 6 April 2018. TAXguide 06/19 sets out a number of questions in relation to the changes, with answers provided by HMRC.
Employer taxes and NIC questions and answers as agreed by HMRC and published by ICAEW Tax Faculty.
Features and articles
Highlights from the broader tax news week ending 22 December, which includes: guidance from HMRC on disguised remuneration schemes that avoid tax by selling business revenues to trusts, changes to land transaction tax and Royal Assent of the Taxation (Post-transition Period) Bill 2020.
18 December 2020: Employees that joined a cycle-to-work scheme on or before 20 December 2020 will not be liable for income tax benefit-in-kind charge, reveals Treasury.
9 December: ICAEW’s Tax Faculty provides a reminder that from April 2021 the ‘representative occupier’ exemption from the employer-provided accommodation benefit-in-kind charge will cease.
4 December 2020: HMRC has launched a campaign to educate contractors on disguised remuneration schemes and working with the Advertising Standards Agency to tackle the promotion of such schemes online.
2 December 2020: Highlights from the broader tax news this week includes: free webinar for SMEs on EU data protection, HMRC to accept late elections to spread disguised remuneration loan balances, latest advisory fuel rates published and the repeal of VAT (Treatment of Transactions) Order 1992.
16 December2020: This month’s top technical stories on ICAEW Insights focus on the updated furlough scheme, how the UK’s existing rules will change after Brexit, and how the pandemic will affect 2020/21 financial reporting.
19 November: Legislation will come into force on 8 December providing a temporary exemption from income tax and national insurance on coronavirus antigen tests provided to employees.
3 November: HMRC has confirmed that Enterprise Management Incentive (EMI) schemes will continue to be available after 31 December 2020 under UK law.
Webinars and recordings
This webinar from the Tax Faculty provides a round up of all the measures that are under review and subject to consultation, and how the faculty will be responding.
Since our original webinar in August 2018, several key milestones have passed, more is now known about the information which must be provided, the potential penalties and what help is available. In this webinar, Rebecca Benneyworth reprises the earlier recording and brings viewers up to date.
The webinar will discuss key findings from the report on how to best manage the modernisation of a tax administration, including examples and anecdotes from the US and China, but also lesser-known stories from the likes of Estonia, Brazil, and Italy.
Do you have clients with outstanding loans from employee benefit trusts (EBTs) relating to disguised remuneration? Were any involved in contractor loan schemes? Has a settlement been agreed with HMRC?
Keep up with the latest tax rules - watch our general tax update webinar.
This webinar aired on 13 February 2018, just before Scotland's major shake-up of income tax. In it payroll consultant Kate Upcraft and ICAEW’s Peter Bickley explore what this means for agents and taxpayers, and look at a myriad of other changes in the payroll arena as we approach the start of the new tax year.
Bloomsbury Core Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Core Accounting and Tax Service.
A chapter on the taxation of company cars and vans, covering tax issues relating to UK employers and their staff.
Clearly laid-out chapter on benefits-in-kind, covering tax issues relating to UK employers and their staff.
Clearly laid-out chapter on expenses, covering tax issues relating to UK employers and their staff.
A response dated 30 September 2020 to a consultation published by HMRC on 21 July 2020.
A response dated 1 March 2019 to a consultation published by the BEIS on 17 December 2018.
Short term business visitors from overseas branches.
Self-funded work-related training for employees and self-employed
Some resources that we link to may pre-date the latest amendments to the relevant tax regulations. While these links contain useful information, please treat them with appropriate caution.
Government guidance on individual expenses and employee benefits presented in an A-Z list
Guidance on the treatment of company expenses for self-employed taxation explaining different categories of allowable business expenses.
Information aimed at employees about tax on taxable benefits such as company cars, accommodation and loans provided by employers.
Guidance on how to report expenses and benefits provided to employees or directors, explaining which benefits can be payrolled, how to work out the cash equivalent, salary sacrifice, pay periods, situations where the employee pays towards the cost of the benefit, and where an employee’s tax is more than 50% of their pay.
Guidance on the tax, National Insurance and reporting obligations for employers providing expenses and taxable benefits to employees on a wide range of topics.
Overview providing guidance on tax and National Insurance on expenses and employee benefits, covering the procedure for submitting a P11D form, deadlines, record keeping, and exemptions and dispensations.
A list of software suppliers offering simple record keeping applications for cash basis and simplified expenses.
Policy paper describing further measures to be implemented in Finance Bill 2017-18 to prevent the future use of disguised remuneration schemes and introduce new charges on disguised remuneration loans regarding self-employment taxation.
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