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ICAEW's Tax Faculty provide insights into the latest developments in tax practice and policy.
TAXbites provide a brief reminder of the basics on popular topics. Each recording lasts around 10 minutes and is freely available for all to view
Stay up-to-date with the fast moving world of tax by attending our events in 2019.
In this issue, Rebecca Cave explains the tax treatment of low emission vehicles, Rebecca Benneyworth discusses Making Tax Digital and the loan charge legislation, Julie Butler considers executorship and what ICAEW members can do and Jane Moore rounds up the tax items from the Spring Statement 2019.
In this issue, Ray Chidell and Jake Iles look at the implications of the 2019 May v HMRC case on capital allowances, Robin Williamson reports on the 2019 case of Krzysztof Pokorowski v HMRC and Ian Young looks at developments in the digital economy – both in the UK and internationally.
In this issue, Sarah Bradford provides a comprehensive guide for employers on what to do before the end of the tax year, Ian Young considers recent developments in state aid and the implications for tax and Jane Moore considers the move to digital in relation to tax outside of Making Tax Digital.
In this issue, Michelle Robinson considers cryptocurrency and how it should be taxed, Anita Monteith considers the effects of the capital allowances rules and Ian Young reports on the Global Accounting Alliance Tax Director Group’s eighth international meeting in Brussels.
A new regime for taxing termination payments was introduced from 6 April 2018. TAXguide 06/19 sets out a number of questions in relation to the changes, with answers provided by HMRC.
In TAXguide 05/19 Andrew Tall explains the different ways that a revenue deduction can be claimed for ‘typical’ intangible fixed assets used by a company in a taxable business, as introduced in Finance Act 2019 under chapters 3 and 15, Pt 8, Corporation Tax Act 2009.
This TAXguide sets out a series of questions raised by the Tax Faculty with HMRC in order to explore the changes made to entrepreneurs’ relief, introduced in Finance Act 2019. HMRC’s replies are set out in full in this TAXguide.
This TAXguide has been prepared by committee members of STEP, ICAEW, the CIOT and the Law Society to highlight practical issues and uncertainties raised by Finance Act 2018 Schedule 10 (Settlements: Anti-avoidance, etc.).
This TAXguide supersedes TAXguide 05/18 which has been updated for HMRC comments and some typing errors.
Webinars, videos and podcasts
This webinar provides illustrative examples and practical tips on how to maximise capital allowances and take advantage of the reliefs available.
This webinar provides a step by step guide for agents on implementing MTD for VAT/
This webinar provides a detailed step by step guide for businesses on implementing MTD for VAT.
Anita Monteith and Sarah Ghaffari explain the proposed changes included in the government's second consultation to consider the reform of off-payroll working in the public sector.
ELECTRONIC SALES SUPPRESSION - CALL FOR EVIDENCE - A response dated 26 March 2019 to a consultation published by HMRC on 19 December 2018
ADDRESSING THE TAX CHALLENGES OF THE DIGITALISED ECONOMY - A response dated 6 March 2019 to a consultation published by OECD on 13 February 2019
NATIONAL MINIMUM WAGE: SALARIED WORKERS AND SALARY SACRIFICE SCHEMES - A response dated 1 March 2019 to a consultation published by the BEIS on 17 December 2018
Tax topics for today
Taxing business properties form an important part of the tax base for many countries, but they are often complex and in an increasingly online world can be irrelevant to an organisation’s turnover. The time has come to overhaul business property tax systems and here ICAEW outlines the options.
Is hypothecation - assigning particular tax revenues to a specific public policy goal - a good thing? Read Ian Young's article presenting the facts and then decide.
Anita Monteith of ICAEW’s Tax Faculty explains how to account for trades in the sharing economy, specifically how tax and national insurance work in the gig economy