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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
 

TAXline: July 2020

In this issue, Angela Clegg provides pointers on the tax measures that businesses should consider following the COVID-19 lockdown, Andy Tall examines changes to the intangible fixed assets regime and Meg Saksida highlights the scope for HMRC to apply discretion on time limits in existing guidance and legislation.

TAXline: June 2020

In this issue, Julie Butler and Fred Butler examine rollover relief, John Boulton considers the policy response to COVID-19, Bryan Crawford examines the requirements to be met in order to claim land remediation relief and David Heaton clarifies the new off-payroll working rules.

TAXline: May 2020

In this issue, Andrew Cockman explores the first reported home loan scheme case, Sue Moore looks at the key Budget changes affecting private clients, Lindsey Wicks summarises the contents of Finance Bill 2020 and Angela Clegg examines the call for evidence on raising standards in the tax advice market.

TAXline: April 2020

In this issue, Lindsey Wicks looks at the tax measures set to apply from April 2020, Mandipa Soni examines the loan relationship unallowable purpose rule, Nigel Holmes reviews research and development tax relief claims and Neil Warren considers tax-saving benefits of forming a VAT group.

 

Off-payroll working 2020

Steve Wade provides guidance on the implementation of the new off-payroll working rules due to come into effect in April 2021.

Representations

ICAEW REP 45/20 Response to the Call for Evidence on the tax services market

ICAEW's Tax Faculty responds to HMRC's call for evidence on raising standards in the tax advice market, arguing that the best approach is for HMRC to work with the professional bodies behind PCRT to improve standards, alongside taking steps to stop unscrupulous promoters of tax avoidance schemes and highlighting the importance of using a professionally qualified adviser.

ICAEW Rep 43/20 Frank Haskew letter to FST

On 30 June Frank Haskew, Head of ICAEW's Tax Faculty, wrote to Jesse Norman the Financial Secretary to the Treasury ahead of the summer economic update. In the letter he outlines the three priorities ICAEW believes should guide future government policy: stabilising the economy in the short-term, building sustainability into the medium-term recovery plans, and securing the ability of British business to compete internationally in the long-term.

Tax topics for today