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Tax Faculty

Find out more about the Tax Faculty and upcoming events. Faculty members can access exclusive content, including TAXline, TAXguides, webinars, representations and support schemes.

Tax news

The latest updates on the UK tax system

Tax news in brief 15 May 2024

Highlights from the broader tax news for the week ending 15 May 2024, including: new guidelines for compliance to help with capital allowances claims; suggestions from the IFS on how to reform IHT; and a reminder for exporters on the move to the CDS.


The lowdown on tax breaks for individuals moving to Italy

Favourable climate, good food, great tax incentives – it’s easy to see why moving to Italy might be tempting. However, recent changes have put the spotlight on Italy’s inpatriate tax regime. Andrea Matera explains.

Basis period reform begins to bite

Financial year 2023/24 is important in the move from basis periods to the tax year basis for unincorporated businesses. Richard Jones looks at how to approach the change.


TAXguide 04/24: The cash basis for trades: Q&As

ICAEW's Tax Faculty hosted a webinar on 18 April 2024 explaining the cash basis for the self-employed, including the changes that apply from the 2024/25 tax year. Answers to questions asked during the webinar are provided in this TAXguide.

Payroll benefits and expenses

This webinar from the Tax Faculty will relay the practical implications of the payrolling of benefits in kind.

MTDtalk April 2024

The latest information and guidance on Making Tax Digital income tax self assessment (MTD ITSA) from the Tax Faculty.

Expanding the cash basis

This webinar from the Tax Faculty will run through the basics of the cash basis and what is changing from 6 April 2024

Payroll and Rewards Update 2024

This webinar from the Tax Faculty will provide an update on all the recent and upcoming changes to payroll, rewards and employment taxes in 2024/25.


The future of tax

As digital technologies transform the worlds of work and leisure, the UK government grapples with balancing the books while ensuring its tax system is fit for purpose. As HMRC launches its review of the system that underpins the tax system, we take a look at the pressing issues and challenges.

HMRC needs more resource to rebuild the UK's tax system

ICAEW welcomes HMRC’s vision of a more flexible and responsive tax system outlined in the Tax Administration Framework Review but warns that significant challenges, such as creating a single identifier for taxpayers and consolidation of tax systems, can only be met if HMRC is properly resourced.