Displaying 1-30 of 233 results
INSIGHTS VIEWPOINT
Public finances on track to reach OBR’s revised full year forecast
- Dec 2025
- ICAEW Insights
The public finance budget overrun was £16bn in the eight months to November 2025 and is expected to reach £20bn by the end of March 2026.
INSIGHTS VIEWPOINT
Taxpayers told to watch out for self assessment scams
- Dec 2025
- ICAEW Insights
In a warning to taxpayers, HMRC has revealed that more than 4,800 self assessment scams have been reported since February 2025. Separately, HMRC has launched a new tool for reporting suspicious activity in HMRC online accounts.
INSIGHTS VIEWPOINT
MTD: how to deal with digital refusers
- Dec 2025
- ICAEW Insights
With the watershed for Making Tax Digital (MTD) for income tax just a few months away, Aaron Patrick of Boffix explains how to help your digitally reluctant clients comply.
INSIGHTS VIEWPOINT
Your membership: Tax content to prepare you for 2026
- Dec 2025
- ICAEW Insights
From mandatory agent registration with HMRC to the start of Making Tax Digital for income tax, 2026 is shaping up to be a particularly challenging year for everyone working in tax. Stay informed and earn CPD with ICAEW’s tax content.
INSIGHTS VIEWPOINT
Using provisional figures in the tax return
- Dec 2025
- ICAEW Insights
In the run-up to the filing deadline for the 2024/25 self assessment tax return, ICAEW’s Tax Faculty explains why care should be taken when using provisional figures.
INSIGHTS VIEWPOINT
Early tax return filers asked to check claims for investors’ relief
- Dec 2025
- ICAEW Insights
HMRC is writing to taxpayers who submitted their self assessment tax return for 2024/25 before October 2025 where the return included a claim for investors’ relief that HMRC has reason to believe may be invalid.
INSIGHTS VIEWPOINT
What are salary sacrificed pension contributions?
- Dec 2025
- ICAEW Insights
ICAEW’s Tax Faculty explains the circumstances in which the cap on the national insurance contributions (NIC) exemption for salary sacrificed pension contributions, announced at the Autumn Budget 2025, are likely to apply.
INSIGHTS VIEWPOINT
Are you ready for MTD income tax?
- Dec 2025
- ICAEW Insights
The final countdown for Making Tax Digital (MTD) for income tax is underway, with the first wave of self‑employed clients and landlords coming into scope from April 2026, followed by further tranches in 2027 and 2028.
Exclusive
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: 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: 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: 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.
Displaying 1-30 of 233 results
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