In light of upcoming changes to the off-payroll working regime, this guidance from the Tax Faculty outlines how to determine whether a private sector client using contractors through an intermediary is ‘small’.

In TAXguide 09/18 Caroline Miskin explains what a simple assessment is and how HMRC is using them to reduce the number of taxpayers from self assessment. Read a summary here, Tax Faculty members can download the full guide.

In TAXguide 04/17 - Offshore trust changes, Sue Moore, technical lead for private client tax matters in the Tax Faculty, provides information on the implications of changes to income tax legislation published on 26 January 2017. In particular the guide offers more details on transfer of assets and settlements legislation and has been created with input from HMRC.

Reforms to the Taxation of Non Domiciles - Meeting notes

Non-domiciliary announcements made at summer budget 2015

7 January 2021: As HMRC is resisting calls for an easement on self assessment late filing penalties, ICAEW’s Tax Faculty outlines the options available to taxpayers and agents who will have difficulty filing or paying.

7 January 2021: As the 31 January deadline for self assessment tax returns approaches, accountants and their clients are being warned of a flood in scams purporting to be from HMRC – and warning that if it sounds too good to be true, it probably is.

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.

16 December 2020: HMRC confirms that employer-reimbursed coronavirus antigen tests are exempt from income tax and NICs.

15 December 2020: HMRC has announced a relaxation for non-UK resident companies reporting property income to 31 March rather than 5 April.

15 December 2020. HMRC highlights common self assessment errors and issues in its latest Agent Update. Some are more relevant to unrepresented taxpayers filing their own returns, but several are also relevant to agents.

30 November 2020: Claims for the third SEISS grant are now open. ICAEW’s Tax Faculty has pre-recorded a webinar which highlights what has changed for the third grant.

In this on-demand webinar Caroline Miskin, ICAEW Tax Faculty, navigates the significant changes to the Self-employment Income Support Scheme for the third grant.

An overview of the new off-payroll working rules in the private sector from 5 April 2020

The first in our TAXbite series on off-payroll working, this episode gives a general overview of the rules.

This free TAXbite explains the rules for rent a room relief and how to apply if you or your client qualifies.

Who is obliged to to file a self assessment return and how does the system work for those who don't?

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.

A response dated 13 January 2021 to a consultation published by HMRC on 15 December 2020.

A response dated 9 November 2020 to a consultation published by OTS on 14 July 2020.

A response dated 30 September 2020 to a consultation published by IASB in December 2019.

A response dated 7 September 2020. ICAEW are pleased to provide evidence to the Treasury Select Committee on its call for evidence on Tax after Coronavirus.

<p>The latest videos from HMRC outlining the support for businesses such as the Coronavirus Job Retention Scheme, refunding eligible Statutory Sick Pay costs, furloughed employees and more. HMRC also runs live webinars covering the deferral of VAT and Income Tax payments, the small business grant scheme and Coronavirus Business Interruption Loan Scheme.</p>

<p>Government portal listing the full range of support measures available for UK businesses with information on how to access financial support packages, who is eligible, when the schemes open and how to apply. These cover the Coronavirus Business Interruption Loan Scheme; business rates holiday and cash grants for retail, hospitality and leisure; small business grant funding; SSP rebate; VAT and income tax deferral. There is additional separate guidance for businesses in <a href="https://www.gov.uk/guidance/coronavirus-covid-19-information-for-individuals-and-businesses-in-scotland">Scotland</a>, <a href="https://www.gov.uk/guidance/coronavirus-covid-19-information-for-individuals-and-businesses-in-wales#businesses">Wales</a> and <a href="https://www.gov.uk/government/news/covid-19-guidance-information-for-ni-businesses-employers">Northern Ireland</a>.</p>

Policy paper setting out HMRC's view on how individuals who have cryptoassets (or cryptocurrency) are taxed. It explains what cryptoassets are, which taxes apply with detailed discussion of income tax and capital gains tax, cryptoassets received as earnings, and record keeping.

An overview giving information and guidance on types of trusts, how trusts are treated for income tax, CGT and inheritance tax purposes, tax for trust beneficiaries, and the tax reponsibilities of trustees.

Guidance on taxable investments explaining how dividends are taxed, including the dividend allowances in each tax year and the tax rate on dividends over your allowance. It also provides guidance on the different rules for dividends before 6 April 2016.

Guidance aimed at taxpayers covering UK residence and tax, non-domiciled residents, paying tax on foreign income, exemptions, claiming tax relief, and tax for foreign students in the UK.

Official information on devolved taxes in Wales with links to further guidance on and rates for Landfill Disposals Tax, Land Transaction Tax, and income tax.

Articles on employment taxes from Taxation magazine. Full articles available to subscribers or through the ICAEW Library & Information Service.