Displaying 1-30 of 225 results
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CONSTRUCTION AND REAL ESTATE COMMUNITY
The Budget and spending – a new direction?
- Dec 2025
- Ros Rowe
Ros Rowe assesses the impact of the Budget proposals on construction and real estate.
INSIGHTS VIEWPOINT
Taxpayers reminded to ensure returns are correct and complete
- Dec 2025
- ICAEW Insights
Following the publication of guidance earlier this year, HMRC is asking wealthy taxpayers to ensure that any legal interpretation applied in a tax return or other document sent to HMRC is "correct in both fact and law”.
INSIGHTS VIEWPOINT
Companies first to be contacted about direct recovery of debts
- Dec 2025
- ICAEW Insights
ICAEW understands that some companies have received letters warning that HMRC may consider recovering funds it is owed directly from the company’s bank or building society accounts, with more to follow.
INSIGHTS VIEWPOINT
Budget: Further changes made to CGT, IHT and residence rules
- Nov 2025
- ICAEW Insights
The Chancellor announced a number of changes to capital gains tax (CGT), inheritance tax (IHT) and the residence-based tax regime , including a change in the rules for disposals to employee ownership trusts (EOTs), effective immediately.
INSIGHTS VIEWPOINT
Budget: Key changes to income tax administration, payments and penalties
- Nov 2025
- ICAEW Insights
Easements for Making Tax Digital (MTD) for income tax, penalty reform announcements and changes to self assessment payments.
INSIGHTS VIEWPOINT
Budget: Key changes impacting business taxation
- Nov 2025
- ICAEW Insights
ICAEW’s Tax Faculty provides a summary of some of the changes affecting businesses announced at the Budget, including capital allowances and business rates as well as adjustments to penalty rates for late corporation tax filings and increasing the limits for venture capital reliefs.
INSIGHTS VIEWPOINT
Budget: Taxes on property, savings and dividends increased
- Nov 2025
- ICAEW Insights
The rates of income tax on savings, property and dividend income will increase by two percentage points and owners of high value homes will face a new council tax surcharge.
INSIGHTS VIEWPOINT
Budget: New levies include charge on electric vehicles
- Nov 2025
- ICAEW Insights
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.
INSIGHTS VIEWPOINT
Budget: Freeze on personal allowance extended
- Nov 2025
- ICAEW Insights
The Chancellor extended the period during which the personal allowance will be set at £12,570 and the higher rate threshold at £50,270 by three years, until April 2031. The amounts have been frozen since April 2021.
INSIGHTS VIEWPOINT
Budget: NIC saving on salary sacrifice pension contributions capped
- Nov 2025
- ICAEW Insights
At the Autumn Budget 2025, the government announced that employers and employees will be required to pay national insurance contributions (NIC) from April 2029 if the amount of salary sacrificed for pension contributions exceeds £2,000.
INSIGHTS VIEWPOINT
Claiming relief for a trade loss
- Nov 2025
- ICAEW Insights
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.
INSIGHTS VIEWPOINT
Public finances continue to disappoint ahead of the Budget
- Nov 2025
- ICAEW Insights
The cumulative budget overrun has widened from £7bn to £10bn in seven months, reveals latest data from the Office for National Statistics.
INSIGHTS VIEWPOINT
2023/24 tax returns and the remittance basis charge
- Nov 2025
- ICAEW Insights
HMRC is asking individuals who were long-term UK resident and not UK-domiciled (non-doms) to check if they should have included the remittance basis charge in their self assessment (SA) tax return for 2023/24.
INSIGHTS VIEWPOINT
Holding companies asked to check management expenses
- Nov 2025
- ICAEW Insights
HMRC has written to holding companies with overseas subsidiaries asking them to review the tax treatment of any management expenses claimed by the holding company where those expenses may benefit a connected party.
INSIGHTS VIEWPOINT
Employers warned to avoid payroll tax credits schemes
- Nov 2025
- ICAEW Insights
HMRC has published a briefing warning employers and recruitment agencies against using “fraudulent” schemes that claim to reduce employment taxes.
INSIGHTS VIEWPOINT
More tax return tips for sole traders
- Nov 2025
- ICAEW Insights
In the run up to the 31 January 2026 deadline for filing the 2024/25 tax return, ICAEW’s Tax Faculty highlights key points for applying the tax year basis, non-business expenditure and Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT
New process for indirect exports from 15 December 2025
- Nov 2025
- ICAEW Insights
From next month, businesses may need to change how they move goods through indirect exports from Northern Ireland. Guidance shared by HMRC explains why this is the case and sets out the options for traders.
INSIGHTS VIEWPOINT
Check claims for foreign tax credit relief, says HMRC
- Nov 2025
- ICAEW Insights
HMRC is asking wealthy taxpayers to ensure they meet the criteria for foreign tax credit relief (FTCR), and to consider the terms of the relevant double tax agreement (DTA), before making a claim in their self assessment (SA) tax return for 2024/25.
Exclusive
FARMING AND RURAL BUSINESS COMMUNITY
GROBs – not always a bad thing
- Nov 2025
- David Missen
- Farming and Rural Business Community News
As we will all be aware, the concept of the gift with retention of benefit, or GROB, was introduced in 1986 to avoid individuals making gifts with strings attached. The legislation was designed to combat instances of donors seeking to transfer property outside of their estate, whilst continuing to derive benefit. As a result, most estate planning starts with a consideration of the GROB aspects and endeavours to construct a plan which avoids any situation where a GROB might occur. This has become particularly relevant in an agricultural context recently where partnership reorganisations tied to...
Tax news in brief 11 November 2025
- Nov 2025
- ICAEW Insights
Highlights from the broader tax news for the week ending 11 November 2025, including: an overview of HMRC from the National Audit Office (NAO); and the publication of newsletters and research by HMRC.
INSIGHTS VIEWPOINT
Tax return tips for sole traders: the cash basis
- Nov 2025
- ICAEW Insights
ICAEW’s Tax Faculty explains why changes to the cash basis should not be overlooked when completing the self-employment pages of the 2024/25 tax return.
INSIGHTS VIEWPOINT
Most businesses and agents see no benefits to MTD income tax
- Nov 2025
- ICAEW Insights
A recent survey of businesses and agents found that while awareness of Making Tax Digital (MTD) for income tax has improved, it is expected to increase costs and time pressures without having any benefits for businesses.
Tax news in brief 4 November 2025
- Nov 2025
- ICAEW Insights
Highlights from the broader tax news for the week ending 4 November 2025, including: improvements to HMRC’s MTD software choices tool; and new tax exemptions for compensation payments made to postmasters.
INSIGHTS VIEWPOINT
Help with paying tax and claiming tax repayments
- Nov 2025
- ICAEW Insights
Millions of taxpayers will have tax to pay on submitting their self assessment (SA) tax return for 2024/25, or will be due a tax refund. ICAEW’s Tax Faculty explains how to avoid interest and penalties on late payments and avoid repayment delays.
INSIGHTS VIEWPOINT
First MTD mandation letters to be sent this month
- Nov 2025
- ICAEW Insights
Sole traders and landlords who filed their 2024/25 self assessment (SA) tax return by the end of August 2025 will be the first to be notified by HMRC that they must comply with Making Tax Digital (MTD) for income tax from April 2026.
INSIGHTS VIEWPOINT
Navigating MTD: cyber threats, insurance, and practical protection
- Oct 2025
- ICAEW Insights
As Making Tax Digital (MTD) for Income Tax approaches, ICAEW’s Professional Standards Team is encouraging members to review their risk management and insurance arrangements.
INSIGHTS VIEWPOINT
Making the most of capital losses
- Oct 2025
- ICAEW Insights
ICAEW’s Tax Faculty provides a step-by-step guide to capital losses, highlighting areas where mistakes can be made and opportunities may be missed, in the run-up to the income tax self assessment (ITSA) filing deadline.
INSIGHTS VIEWPOINT
Wealthy taxpayers asked to check if tax return required
- Oct 2025
- ICAEW Insights
HMRC is writing to wealthy taxpayers it believes should have submitted an income tax self assessment (ITSA) tax return for the tax year ended 5 April 2023 but failed to do so.
INSIGHTS VIEWPOINT
Student loan repayments and payrolled benefits
- Oct 2025
- ICAEW Insights
ICAEW is reminding taxpayers to complete a new box on their 2024/25 income tax self assessment (ITSA) tax return where their employment income includes payrolled benefits in kind (BIKs) and they make student loan repayments.
INSIGHTS VIEWPOINT
Draft Welsh Budget sets out changes to land transaction tax
- Oct 2025
- ICAEW Insights
The Welsh Government has ruled out increases to the Welsh rates of income tax and the thresholds for land transaction tax (LTT) for 2026-27 and has announced changes to LTT multiple dwellings relief (MDR).
Displaying 1-30 of 225 results
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