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

Huge changes to working practices over the past few years have reignited the debate on whether a universal filing process would help to better engage individuals with the tax system and help them to take more ownership of their affairs.

Draft legislation, consultation updates and promises of future tax measures were made on 20 July. The focus for many will be on basis period reform, but ICAEW’s Tax Faculty highlights the other key announcements.

The government has moved swiftly to consult on draft legislation to reform basis period rules before MTD ITSA becomes mandatory. ICAEW is concerned that changes will be rushed through and disappointed that the normal consultation process is not being followed.

Highlights from the broader tax news week ending 21 July, which includes: HMRC clarification on working from home deduction, confirmation that CJRS and SEISS grant claimants cannot participate in MTD ITSA pilot and new VAT1 form for manual registrations, as well as HMRC's priorities for 2021/22 and its plans for dealing with tax debt.

This webinar from the Tax Faculty will cover the latest rules in detail and explain where we are with the development of the policy and the pilot and what taxpayers and agents can do to prepare.

Fundamental elements of the tax system could be set to change in the biggest shake up since self assessment was launched in the last millennium. The government's call for evidence on the tax administration framework review (TAFR), published on Tax Day, 23 March 2021, goes much further than a possible updating of Taxes Management Act 1970. Anita Monteith, Caroline Miskin and Richard Jones delve into the call for evidence in this Tax Faculty webinar.

This webinar from the Tax Faculty explores the call for evidence on earlier payment of income and corporation taxes.

Applications for the fourth SEISS grant open in late April 2021.

HMRC is expecting to lay the Making Tax Digital for Income Tax Self Assessment Regulations before Parliament in February 2021. This will give effect to the April 2023 start date for MTD for ITSA, as well as confirming many of the requirements (some of the detail will be in tertiary legislation which will follow later).

Making Tax Digital for Income Tax Self Assessment will start in April 2023. In this webinar the Tax Faculty's Anita Monteith and Caroline Miskin discuss developments so far and the steps that agents and businesses should consider at this stage.

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.

In responding to HMRC's call for evidence on timely payment, ICAEW argues that earlier payment of income and corporation tax should not be considered until the economy has recovered and that earlier payment should not be based on in-year estimates without HMRC first demonstrating that they can be a reliable basis for earlier payment.

In responding to HMRC's consultation on the Tax Administration Framework Review ICAEW argues that the starting point of such tax reform should be significant simplification of the underlying tax rules and that HMRC needs to be given the resources and funding to give it the capacity to take on such a major piece of work.

Representation submitted to HMRC on 28 April 2021 in response to a request to comment on HMRC's performance (between April 2020 and March 2021) against the standards in its Charter.

Briefing submitted to MPs on 12 April 2021 on Finance (No.2) Bill 2019-21 published by government on 11 March 2021 on clause 122 which relates to financial institution notices.

Gov.uk guidance on calculating the business profits of doctors and medical practitioners involved in a partnership.

HMRC self assessment helpsheet HS303, explaining the tax rules and treaty provisions for non resident entertainers and sportspersons.

<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>

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.