Displaying 1-37 of 37 results
ICAEW REP 123/21 Finance No 2 Bill 2021-22: CL 94 & SCH 15: Notification of uncertain tax treatment
- Representation
- 23 Dec 2021
- PDF (251kb)
A response dated 12 October 2021 to a consultation published by HoL on 11 October 2021.
ICAEW REP 122/21 Finance No2 Bill 202122 Cl94 Sch15 Notification of uncertain tax treatment
- Representation
- 23 Dec 2021
- PDF (187kb)
A response dated 7 December 2021 to a consultation published by HMRC on 4 November 2021.
ICAEW REP 120/21 Future of the EU Economic Governance
- Representation
- 21 Dec 2021
- PDF (170kb)
A response dated 21 December 2021 to a consultation published by EC on 19 October 2021.
ICAEW REP 105/21 Reliance on ICAEW firms undertaking tax work
- Representation
- 05 Nov 2021
- PDF (350kb)
This paper was first published as TAXREP 32/13 in May 2013 and now has been thoroughly revised and republished to reflect the current (2021) ICAEW framework and standards. The purpose of the paper is to highlight the high technical and ethical standards to which ICAEW chartered accountants must operate and it has been republished as part of the ICAEW response to the continuing discussions about raising standards in the tax services market.
ICAEW REP 103/21 Reporting rules for digital platforms
- Representation
- 21 Oct 2021
- PDF (260kb)
Proposals to require digital marketplaces to report sellers’ incomes to HMRC could impose significant burdens, cautions ICAEW in this consultation response. The plans highlight the complexity of compiling accurate data and the need for broader tax reforms.
ICAEW REP 99/21 Residential property developer tax
- Representation
- 14 Oct 2021
- PDF (469kb)
A response dated 13 October 2021 to a consultation published by HMT on 20 September 2021.
ICAEW REP 95/21 Autumn Budget 2021 representations - Building a modern tax system
- Representation
- 04 Oct 2021
- PDF (248kb)
A response dated 5 October 2021 to a consultation published by HMT on 30 September 2021, including ICAEW’s Tax Faculty customary pre-Budget letter to the Financial Secretary to the Treasury. It calls for the acceleration of work to build a modern tax system, while urging a “manageable pace” of transition, it cautions against implementing tax changes without consultation, such as the new Health and Social Care Levy.
ICAEW REP 86/21 Notification of uncertain tax treatments
- Representation
- 15 Sep 2021
- PDF (584kb)
Draft legislation and guidance implementing the government’s plans for large businesses to report uncertain tax positions will introduce additional complexity and not provide the clarity taxpayers need, ICAEW warns in its response to HMRC's consultation.
ICAEW REP 85/21 Promoters of tax avoidance schemes
- Representation
- 14 Sep 2021
- PDF (467kb)
Draft legislation aimed at tackling promoters of tax avoidance schemes includes subjective terms and tests which are open to interpretation, says ICAEW in its response to HMRC's consultation. The terms should be amended or HMRC guidance created outlining its interpretation to avoid confusion.
ICAEW REP 77/21: Basis Period Reform
- Representation
- 31 Aug 2021
- PDF (313kb)
Pushing through proposals to change basis periods ahead of the expansion of Making Tax Digital will cause as many problems as it solves and would be a backwards step for affected businesses, warns ICAEW in its response to HMRC's consultation on aligning basis periods with the tax year. ICAEW has urged the government not to implement to proposals.
ICAEW REP 70/21 Simplifying the VAT land exemption
- Representation
- 26 Jul 2021
- PDF (176kb)
The Tax Faculty believes that simplification of the VAT system for land and property is highly desirable and that consideration is given to removing the current VAT exemption rules for commercial property. However, now that the UK has left the EU, as land and property is only one aspect of the complications caused by the exemption regimes more generally, we think that the time has come to undertake a thorough review of the VAT exemption rules with a view to its abolition.
ICAEW REP 66/21 Timely payment
- Representation
- 13 Jul 2021
- PDF (300kb)
In responding to HMRC's call for evidence on timely payment, ICAEW argues that earlier payment of income and corporation tax should not be considered until the economy has recovered and that earlier payment should not be based on in-year estimates without HMRC first demonstrating that they can be a reliable basis for earlier payment.
ICAEW REP 65/21: Tax Administration Framework Review
- Representation
- 13 Jul 2021
- PDF (386kb)
In responding to HMRC's consultation on the Tax Administration Framework Review ICAEW argues that the starting point of such tax reform should be significant simplification of the underlying tax rules and that HMRC needs to be given the resources and funding to give it the capacity to take on such a major piece of work.
ICAEW REP 59/21 Preventing and collecting international tax debt
- Representation
- 15 Jun 2021
- PDF (2,523kb)
A response dated 15 June 2021 to a consultation published by HMRC on 23 March 2021.
ICAEW REP 58/21 Helping taxpayers get offshore tax right
- Representation
- 15 Jun 2021
- PDF (3,345kb)
A response dated 15 June 2021 to a consultation published by HMRC on 23 March 2021.
ICAEW REP 57/21 Raising standards in the tax advice market: professional indemnity insurance and defining tax advice
- Representation
- 15 Jun 2021
- PDF (325kb)
A response dated 11 June 2021 to a consultation published by HMRC on 23 March 2021.
ICAEW REP 56/21 R&D tax reliefs
- Representation
- 03 Jun 2021
- PDF (404kb)
A response dated 2 June 2021 to a consultation published by HMRC on 3 March 2021.
ICAEW REP 55/21 Notification of uncertain tax treatment by large businesses
- Representation
- 01 Jun 2021
- PDF (4,359kb)
A response dated 1 June 2021 to a consultation published by HMRC on 23 March 2021.
ICAEW REP 52/21 Jobs, growth and productivity after coronavirus inquiry
- Representation
- 18 May 2021
- PDF (187kb)
A response dated 17 May 2021 to a consultation published by TSC on 1 April 2021.
ICAEW REP 43/21 HMRC performance against Charter standards April 2020 to March 2021
- Representation
- 27 Apr 2021
- PDF (132kb)
Representation submitted to HMRC on 28 April 2021 in response to a request to comment on HMRC's performance (between April 2020 and March 2021) against the standards in its Charter.
ICAEW REP 42/21 F2B19-21 clause 122 financial institution notices
- Representation
- 26 Apr 2021
- PDF (161kb)
Briefing submitted to MPs on 12 April 2021 on Finance (No.2) Bill 2019-21 published by government on 11 March 2021 on clause 122 which relates to financial institution notices.
ICAEW REP 39/21 Finance (No.2) Bill 2019-21 - payment penalties
- Representation
- 20 Apr 2021
- PDF (119kb)
Briefing submitted to MPs on 12 April 2021 on Finance (No.2) Bill 2019-21 published by government on 11 March 2021 on clause 113 and schedule 25 which relates to penalties for failure to pay tax.
ICAEW REP 38/21 Finance (No.2) Bill 2019-21 - Construction Industry Scheme
- Representation
- 20 Apr 2021
- PDF (192kb)
Briefing submitted to MPs on 12 April 2021 on Finance (No.2) Bill 2019-21 published by government on 11 March 2021 on clause 30 and schedule 6 which relates to changes to the Construction Industry Scheme.
ICAEW REP 37/21 Finance (No.2) Bill 2019-21 - termination payments
- Representation
- 20 Apr 2021
- PDF (107kb)
Briefing submitted to MPs on 12 April 2021 on Finance (No.2) Bill 2019-21 published by government on 11 March 2021 on clause 22 which relates to payments on termination of employment.
ICAEW REP 36/21 Finance (No.2) Bill 2019-21 - trade losses for furnished holiday lets
- Representation
- 20 Apr 2021
- PDF (111kb)
Briefing submitted to MPs on 12 April 2021 on Finance (No.2) Bill 2019-21 published by government on 11 March 2021 on clause 18 and schedule 2 related to the temporary extension of periods to which trade losses may be carried back. It focuses specifically on the attempt to ensure that UK furnished holiday letting (FHL) businesses can off-set trading losses from 2020/21 and 2021/22 over the previous three years
ICAEW REP 35/21 Finance (No.2) Bill - super deduction
- Representation
- 20 Apr 2021
- PDF (171kb)
Briefing submitted to MPs on 12 April 2021 on Finance (No.2) Bill 2019-21 published by government on 11 March 2021 on clause 9 which relates to super-deductions and other temporary first year allowances.
ICAEW REP 34/21 Tax after Coronavirus
- Representation
- 14 Apr 2021
- PDF (140kb)
A response dated 13 April 2021 to a consultation published by TSC on 1 March 2021.
ICAEW REP 31/21 Making tax easier through smarter use of third-party data
- Representation
- 18 Mar 2021
- PDF (181kb)
A response dated 18 March 2021 to a consultation published by OTS on 27 January 2021.
ICAEW REP 29/21 Making tax digital - corporation tax
- Representation
- 04 Mar 2021
- PDF (314kb)
A response dated 4 March 2021 to a consultation published by HMRC on 12 November 2020.
ICAEW REP 28/21 VAT and the sharing economy
- Representation
- 04 Mar 2021
- PDF (209kb)
A response dated 3 March 2021 to a consultation published by HMRC on 9 December 2020.
ICAEW REP 14/21 Covid-19 tests funded by employers
- Representation
- 04 Feb 2021
- PDF (164kb)
Text of a representation sent on 23 January 2021 to HMRC by ICAEW Tax Faculty.
ICAEW REP 10/21 Follower notices and penalties
- Representation
- 28 Jan 2021
- PDF (144kb)
A response dated 25 January 2021 to a consultation published by HMRC on 16 December 2020.
ICAEW REP 08/21 Budget spring 2021
- Representation
- 18 Jan 2021
- PDF (139kb)
A response dated 14 January 2021 to the Treasury in advance of Spring Budget 2021.
ICAEW REP 07/21 Making tax digital for income tax self assessment regulations
- Representation
- 13 Jan 2021
- PDF (116kb)
A response dated 13 January 2021 to a consultation published by HMRC on 15 December 2020.
ICAEW REP 06/21 Reforms to arrangements for obtaining permission to appeal from the Upper Tribunal to the Court of Appeal
- Representation
- 11 Jan 2021
- PDF (119kb)
A response dated 11 January 2021 to a consultation published by the Ministry of Justice on 30 November 2020.
ICAEW REP 05/21 - Construction industry scheme - draft finance bill 2021
- Representation
- 07 Jan 2021
- PDF (191kb)
In this response to HMRC's consultation, 'Changes to tackle construction industry abuse draft Finance Bill 2021 legislation', ICAEW's Tax Faculty has urged the government to publish draft secondary legislation, guidance and IT specifications as soon as possible, or consider delaying changes to the CIS.
ICAEW REP 01/21 Research and development tax relief for SMEs
- Representation
- 05 Jan 2021
- PDF (147kb)
A response dated 5 January 2021 to a consultation published by HMRC on 12 November 2020.
Displaying 1-37 of 37 results