This TAXguide provides details of the reform to the taxation of unincorporated businesses introduced through FA 2022 to take effect from April 2024.

PAYE rates, thresholds, allowances, etc for employers in 2022/23 covering income tax, NIC, reliefs and levies, statutory payments, pensions, student loans, NMW/NLW rates and car/van/fuel BIK

Off-payroll working: guidance on clients’ off-payroll working obligations when a contractor works through an intermediary such as a personal service company across borders and/or some of the parties (client, contractor, contractor’s personal service company) are non-UK resident and/or the work is not wholly carried out in the UK, how the ‘host employer’ rules in s689 ITEPA 2003 interact, and the impact of double tax treaties.

This TAXguide has been prepared by committee members of STEP, ICAEW, the CIOT and the Law Society to highlight practical issues and uncertainties raised by Finance Act 2018 Schedule 10 (Settlements: Anti-avoidance, etc.).

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.

Highlights from the broader tax news for the week ending 23 November 2022, including: increase to electric car advisory fuel rate; removal of access to CHIEF for importers; technical guidance on the fulfilment house due diligence scheme; electronic submission of VAT refund claims for non-UK businesses; and the Autumn Finance Bill 2022.

HMRC now allows charities to claim gift aid on waived loans if specific conditions are met and the donation is gift aid eligible. Find out how to get it right and structure the gift to maximise the benefit to donor and charity.

The Office of Tax Simplification has put forward numerous recommendations for technical and operational changes to the property tax system, including on MTD ITSA, furnished holiday lettings, and the tax treatment of repairs, replacements and improvements.

Highlights from the broader tax news for the week ending 9 November 2022, including: the latest ABAB survey report; reporting COVID-19 payments; customs valuation guidance; the HMRC app; and the VAT treatment of parking in country parks.

Tax agents acting for individuals will no doubt be seeing a flurry of registrations required in the run up to 31 January. ICAEW’s Tax Faculty recaps the main processes.

New Chancellor Jeremy Hunt confirms off-payroll working will remain and that income tax rates will not change.

In this series of webinars the ICAEW Tax Faculty (Anita Monteith and Caroline Miskin) and guests will provide the latest information and guidance on MTD ITSA, covering topics such as choosing software, the progress of HMRC’s pilot, the practicalities of signing up and answer questions from businesses and practitioners.

This webinar from the Tax Faculty explains the potential options being explored by HMRC and reveals the results of a recent poll on the issue.

With only around 500 working days before the start of MTD ITSA, this webinar will focus your attention and outline clear actions that need to be taken in the next 100 days.

This webinar recording from the Tax Faculty covers the regulations in detail explains where we are with the development of the policy and the pilot and what taxpayers and agents can do to prepare.

Hear from the experts as they cover off the key stages of preparation for Making Tax Digital for Income Tax.

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.

A response dated 28 October 2022 to a review published by the Office of Tax Simplification on 31 August 2022.

A response dated 12 October 2022 to a consultation published by HMRC on 20 July 2022.

A response dated 6 September 2022 to a consultation published by HMRC on 22 June 2022.

A response submitted on 29 July 2022 to a consultation published by HMRC on 1 July 2022.

<p>Tax treaties between Australia and other international tax authorities, listed by country.</p>

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.

Collection of guides for agents and businesses on signing up and using MTD for income tax, including <a href="https://www.gov.uk/guidance/find-software-thats-compatible-with-making-tax-digital-for-income-tax">a list of compatible software available now</a>.

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.