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Income tax - articles

Features and articles from ICAEW related to income tax in the UK personal tax regime.

Displaying 1-30 of 241 results
Tax news in brief 4 November 2026
  • Nov 2026
  • ICAEW Insights
Highlights from the broader tax news for the two weeks ending 4 November 2026, including an update from HMRC on Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT Budget: changes for employers and employees
  • Oct 2026
  • ICAEW Insights
Employment tax announcements at budget 2026 included changes to the approved mileage allowance payments, increases to the national living and minimum wages and a reform of the benchmark scale and overseas scale rate payments.
INSIGHTS VIEWPOINT Budget: tax rates on property and savings income increased
  • Oct 2026
  • ICAEW Insights
The government announced several changes to income tax at the budget 2026, including a further increase in the rates of tax on savings and property income, effective from April 2027.
INSIGHTS VIEWPOINT Budget: government confirms measures to tackle tax debt
  • Oct 2026
  • ICAEW Insights
From April 2029, income tax self assessment (ITSA) taxpayers will be required to make automated in-year tax payments (such as through direct debit), with eligible taxpayers being able to opt-in to payments through pay as you earn (PAYE).
INSIGHTS VIEWPOINT Budget: personal allowance increased for low-income pensioners
  • Oct 2026
  • ICAEW Insights
For 2027/28 onwards, individuals who are above the state pension age may receive the pension tax allowance in addition to their personal allowance, increasing the amount of income they can receive without having to pay income tax.
INSIGHTS VIEWPOINT ECONOMIC UPDATE Budget analysis: Chancellor delivers ‘safe hands’ budget
  • Oct 2026
  • ICAEW Insights
With little room for manoeuvre due to global supply challenges and low growth, the Chancellor focused on keeping all stakeholders – especially the markets – calm.
INSIGHTS VIEWPOINT Budget: MTD penalty soft landing and exclusions
  • Oct 2026
  • ICAEW Insights
The government has confirmed that taxpayers who are due to join Making Tax Digital (MTD) for income tax from April 2027 will not be given penalty points for late submission of quarterly updates for 2027/28.
INSIGHTS VIEWPOINT Tax relief for travel and accommodation costs: temporary workplaces
  • Oct 2026
  • ICAEW Insights
HMRC is contacting individuals who have come to the UK for a limited period of time to explain the conditions for claiming tax relief for travel and accommodation costs incurred in connection with duties at a temporary workplace.
INSIGHTS VIEWPOINT How to get help ahead of the next MTD deadline on 7 November
  • Oct 2026
  • ICAEW Insights
ICAEW highlights some key points for agents to consider when preparing to submit the second quarterly update under Making Tax Digital (MTD) for income tax, including how to access support from HMRC.
INSIGHTS VIEWPOINT ECONOMIC UPDATE Economy explainers: How student loans work
  • Oct 2026
  • ICAEW Tax Faculty
ICAEW’s Tax Faculty explains the scale of student debt, the different types of student loan plans and how repayments are calculated and made.
INSIGHTS VIEWPOINT Top up your CPD with these free resources
  • Oct 2026
  • ICAEW Insights
Alongside articles, podcasts and technical guidance, ICAEW members can now access specialist e-learning courses. As the CPD year comes to an end, we share a host of free resources to ensure you meet your goals.
INSIGHTS VIEWPOINT Preparing for 2027/28: changes to the calculation of income tax
  • Oct 2026
  • ICAEW Insights
The way in which income tax is calculated will change from April 2027, as separate rates of tax are introduced for property income and changes are made to the beneficial ordering rule for allowances and reliefs.
INSIGHTS VIEWPOINT Tax news highlights from September 2026
  • Oct 2026
  • ICAEW Insights
ICAEW’s Tax Faculty provides a summary of some of the key developments in tax in September 2026 and explains where you can find further information.
INSIGHTS VIEWPOINT Review the roll-out of MTD, says ICAEW
  • Oct 2026
  • ICAEW Insights
In its budget submission, ICAEW has urged the government to conduct a full review of the first reporting cycle under Making Tax Digital (MTD) for income tax before proceeding with the planned roll-out to more taxpayers from April 2027.
Tax news in brief 30 September 2026
  • Sep 2026
  • ICAEW Insights
Highlights from the broader tax news for the week ending 30 September 2026, including HMRC's latest one-to-many campaign, focusing on consultants in the medical sector.
INSIGHTS VIEWPOINT How to: CGT reporting and the self assessment tax return
  • Sep 2026
  • ICAEW Insights
ICAEW is reminding taxpayers and agents completing the self assessment (SA) tax return for 2025/26 to include details of gains that have already been reported, and capital gains tax (CGT) that has already been paid to HMRC. 
INSIGHTS VIEWPOINT Government proposals for distributions risk stifling growth, says ICAEW
  • Sep 2026
  • ICAEW Insights
ICAEW is concerned that the government’s proposals to reform the tax rules applying where a company carries out a reduction or return of share capital could have negative implications for commercial transactions.
INSIGHTS VIEWPOINT Survey reveals mixed views on MTD and HMRC performance
  • Sep 2026
  • ICAEW Insights
The Administrative Burdens Advisory Board’s (ABAB’s) latest annual survey suggests that some improvements are being made in how the tax system is administered, although significant challenges remain.
INSIGHTS VIEWPOINT HMRC promises client lists in the agent services account
  • Sep 2026
  • ICAEW Insights
Responding to feedback from ICAEW and others, HMRC says that it is developing client list functionality within the agent services account (ASA) and aims to complete the work in time for summer 2027.
Exclusive TAX FACULTY Follow the numbers: capital gains tax
  • Sep 2026
  • ICAEW
  • Taxline
ICAEW’s Tax Faculty considers the extent to which changes in the annual exempt amount (AEA) announced in 2022 have contributed to the record amount of capital gains tax (CGT) paid for 2024/25.
INSIGHTS VIEWPOINT HMRC to send 1.8m simple assessment letters for 2025/26
  • Sep 2026
  • ICAEW Insights
Taxpayers may have received a simple assessment letter for 2025/26 over the summer. ICAEW explains why simple assessments are needed, why so many letters are now sent each year, and how taxpayers should respond if they receive one.
INSIGHTS VIEWPOINT Autumn deadlines approach for opting out of the winter fuel payment
  • Sep 2026
  • ICAEW Insights
Pensioners who wish to opt out of receiving the winter fuel payment for winter 2026/27, or the equivalent payment in Scotland, must take action soon, explains ICAEW’s Tax Faculty.
INSIGHTS VIEWPOINT Tax news highlights from August 2026
  • Sep 2026
  • ICAEW Insights
ICAEW’s Tax Faculty provides a summary of some of the key developments in tax in August 2026 and explains where you can find further information.
Tax news in brief 2 September 2026
  • Sep 2026
  • ICAEW Insights
Highlights from the broader tax news for the two weeks ending 2 September 2026, including ICAEW’s response to the government’s consultation on HMRC’s use of data on interest income and card sales.
INSIGHTS VIEWPOINT First MTD income tax submission: how did it go?
  • Aug 2026
  • ICAEW Insights
Tax advisers have started to report back on their experiences of completing Making Tax Digital (MTD) income tax Q1 submissions, and the verdict is mixed.
INSIGHTS VIEWPOINT UK net debt in touching distance of £3.0tn
  • Aug 2026
  • ICAEW Insights
Latest data confirms that the UK’s public finances remain weak, despite taxpayers facing the highest tax burden since the 1960s. The Chancellor faces significant challenges if he is to increase public spending, says ICAEW.
INSIGHTS VIEWPOINT HMRC uses information from third parties to target landlords
  • Aug 2026
  • ICAEW Insights
During August, HMRC sent letters to taxpayers to encourage them to disclose any income from let property and reminds them that they may have responsibilities to meet under Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT HMRC to begin signing up taxpayers for MTD income tax
  • Aug 2026
  • ICAEW Insights
From September 2026, HMRC will sign up taxpayers within scope of MTD income tax from April 2026 that have not done so themselves. Taxpayers – and agents on their behalf – are encouraged to take action before HMRC does.
INSIGHTS VIEWPOINT Significant concerns raised over plans for earlier payment of income tax
  • Aug 2026
  • ICAEW Insights
In its response to the government’s consultation on more timely payment of income tax self assessment (ITSA), ICAEW has warned that the policy may overburden employers and cause hardship for taxpayers.
Exclusive TAX FACULTY Significant changes proposed to the taxation of distributions
  • Aug 2026
  • ICAEW
  • Taxline
The government’s proposals, set out in a consultation document published on 23 June 2026, have implications across a wide range of areas, including corporate restructuring and the loans to participators and purchase of own shares rules.
Displaying 1-30 of 241 results
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