Tax Round-up 2020
This webinar from the Tax Faculty provides a round up of all the measures that are under review and subject to consultation, and how the faculty will be responding.
Tax avoidance
Expert commentary and practical guidance from ICAEW related to tax avoidance and ensuring compliance with UK tax regime.
Need to know
In this section
Practical guidance
ICAEW's Tax Faculty produces TAXguides to provide practical support on technical areas of tax.
TAXguide 11/18: the settlements legislation
In TAXguide 11/18 Sarah Godfrey explores the settlements legislation and what it means for the family business, the Arctic Systems case and HMRC’s views of the rules as they currently apply.
TAXGUIDE 0116 Transactions in securities: company distributions
Transactions in securities : company distributions, clearance applications further to draft clause 16, Finance Bill 2016. Exchange of correspondence between ICAEW Tax Faculty and HMRC in January 2016.
TAXguide 02/16 (TECH 06/16 TAX)
Company Distributions : transactions in securities regime and liquidation distributions targeted anti-avoidance rule. Note of meeting with HMRC on 26 January 2016 published by ICAEW Tax Faculty.
TAXguide 05/13
HMRC Comments on treatment of liabilities for inheritance tax purposes
TAXguide 05/12
Guidance on Aggressive tax avoidance schemes – what you need to bear in mind
Features and articles
ICAEW responds to draft Finance Bill 2023-24 provisions
The Tax Faculty provided input on measures relating to the proposed merged R&D tax credit scheme, tougher measures for promoters of tax avoidance, changes to data HMRC collects from customers and abolishing the pensions lifetime allowance.
Understanding the statutory clearance process
Nick Wright summarises the key case law that is relevant to understand whether HMRC will provide statutory clearance for a transaction.
ICAEW responds to consultation on tougher sanctions for tax avoidance promoters
HMRC’s proposals would allow a criminal offence to be applied where promoters continue to promote a scheme after a stop notice has been issued, and directors to be disqualified in some situations.
Tax news in brief 21 June 2023
Highlights from the broader tax news for the week ending 21 June 2023, including: employer updates; income record viewer video; deadline to create agent services account for repayment claims; raising awareness of tax avoidance schemes; corporate interest restriction reporting companies; and interactive guidance and gform for self-employed taxpayers working abroad.
Tax administration and maintenance day proposals: share your views
ICAEW’s Tax Faculty is seeking input from members on consultations on a range of issues including IR35, cryptoassets, and reform of stamp taxes on shares. Read the full list of consultations and find out who to contact with your views.
Tax administration and maintenance day: summary of announcements
Simplifying and modernising the tax system and tackling the tax gap – this framed the consultations, calls for evidence and next steps announced on tax administration and maintenance day (TAM day). ICAEW’s Tax Faculty highlights the key points.
Tax news in brief 12 April 2023
Highlights from the broader tax news for the week ending 12 April 2023, including: pension lump sums; HMRC’s Digital Disclosure Service; digital services tax; partnerships holding UK residential property; till system disclosures; and disguised remuneration instalment arrangements.
Budget for growth: ICAEW's Tax Faculty assesses key tax measures
ICAEW’s Tax Faculty summarises the key tax announcements from the Chancellor’s Budget speech, including pension and capital allowance reforms.
Webinars and recordings
Managing tax risks in a complex world
Join BDO’s James Egert, Karen Riley, Steven Levine and Carrie Rutland as they take a high-level overview of the key risks that companies face in making disclosures, submitting accurate returns and applying the law correctly.
Tax Round-up 2020
This webinar from the Tax Faculty provides a round up of all the measures that are under review and subject to consultation, and how the faculty will be responding.
Budget update
The Tax Faculty's essential budget webinar.
Bloomsbury Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.
Tax planning versus tax avoidance
Expert commentary on how to draw a line between tax planning, tax avoidance and illegal tax evasion, in relation to capital gains tax.
Selling the owner-managed business or company
Tax planning advice on selling a family or owner-managed company, written for anyone who advises or runs one.
Remuneration strategies
Chapter containing advice on remuneration strategies and tax planning, written for anyone who advises or runs a family or owner-managed company.
Anti-avoidance rules: structure
A chapter covering two kinds of anti-avoidance rules which aim to tackle some of the tax avoidance techniques used by multinational entities: controlled foreign companies (CFC) legislation, and anti-hybrid rules relating to entity mismatches.
Anti-avoidance rules: finance
A chapter discussing the interest restriction rules that some countries have adopted in an attempt to prevent multinational entities from using intra-group financial arrangements to reduce their group tax liabilities.
Beyond BEPS 1.0
A chapter outlining the OECD's BEPS 2.0 project, which builds upon the earlier BEPS 1.0 initiative.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.
eBooks
The Library & Information Service provides a collection of eBooks as a benefit of membership. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com.
Mandatory disclosure rules
Contains 39 national reports from experts in international tax law with strong knowledge in the OECD/G20 BEPS Project and EU developments where they discuss their countries' objectives and experiences regarding the impact and implementation of MDR.
Mandatory disclosure rules in the United Kingdom
A chapter examining the mandatory disclosure regimes which apply in the UK, including the Disclosure of Tax Avoidance Schemes (DOTAS) regime, and the Disclosure of Tax Avoidance Schemes: VAT and Other Indirect Taxes (DASVOIT) regime.
Anti-avoidance
A section providing an overview of the UK's anti-avoidance rules relating to corporate taxation. Covers the general anti-abuse rule (GAAR), disclosure of tax avoidance schemes (DOTAS) rules, Pillar Two, transfer pricing legislation, limitations on interest deductibility, the controlled foreign company (CFC) charge, and the legislation on hybrid mismatches.
Anti-avoidance
A chapter summarising HMRC's present strategy with regard to tax avoidance. Includes an overview of the various rules and legislation in this area.
Taxation agency and advice
A section on possible liabilities for accountants undertaking activities relating to taxation — both compliance and advisory work.
What everyone needs to know about tax
A straightforward explanation of tax and the policy behind it for non-specialists, with coverage of recent controversies and illustrative case studies.
UK tax system: an introduction, The (3rd edition)
Guide to the UK tax system for tax practitioners and students.
VAT and property : guidance on the application of VAT to UK property transactions and the property sector
A practical guide to applying VAT to UK property transactions.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Representations
ICAEW REP 100-23 Draft Finance Bill 2023-24
ICAEW welcomes the opportunity to provide evidence on the Draft Finance Bill 2023-24 to the House of Lords Economic Affairs Finance Bill Sub-Committee.
ICAEW REP 096-23 EOTs consultation
A representation dated 27 September 2023 to a consultation published by HMRC on 18 July 2023.
ICAEW REP 093-23 Tougher consequences for promoters of tax avoidance
A representation dated 12 September 2023 to a consultation published by HMRC on 27 April 2023.
ICAEW REP 081-23 Tackling umbrella company non-compliance
A representation dated 29 August 2023 to a consultation published by HM Treasury, HM Revenue & Customs and Department for Business & Trade on 6 June 2023.
ICAEW REP 074-23 Reform of transfer pricing, permanent establishment and diverted profits tax
A representation dated 11 August 2023 to a consultation published by HM Treasury on 19 June 2023.
ICAEW REP 058-23 Tougher consequences for promoters of tax avoidance
A representation dated 21 June 2023 to a consultation published by HMRC on 27 April 2023.
ICAEW REP 010-22 Mandatory disclosure rules
A response dated 8 February 2022 to a consultation published by the government in November 2021.
ICAEW REP 003-22 Welsh Taxes Power to modify Bill 26 Jan 2022
Comments made by ICAEW on 26 January 2022 in relation to the Welsh Tax Acts Etc. (Power to Modify) Bill 2022.