Displaying 1-30 of 146 results
Tax news in brief 3 June 2026
- Jun 2026
- ICAEW Insights
Highlights from the broader tax news for the week ending 3 June 2026, including a reminder from HMRC for agents not to use clients’ log-in details.
INSIGHTS VIEWPOINT
MTD income tax and claims for averaging relief
- Jun 2026
- ICAEW Insights
In a change to HMRC’s guidance, not all taxpayers who claimed averaging relief in their 2024/25 self assessment (SA) tax return are automatically exempt from Making Tax Digital (MTD) for income tax for 2026/27.
INSIGHTS VIEWPOINT
More time needed to standardise company tax returns, says ICAEW
- Jun 2026
- ICAEW Insights
ICAEW has made a number of recommendations in its response to HMRC’s consultation on modernising and standardising company tax returns, including extending the pilot phase to allow agents and companies more time to prepare.
INSIGHTS VIEWPOINT
Tax news highlights from May 2026
- May 2026
- ICAEW Insights
ICAEW’s Tax Faculty provides a summary of some of the key developments in tax in May 2026 and explains where you can find further information.
INSIGHTS VIEWPOINT
New tax return requirements for directors cause uncertainty
- May 2026
- ICAEW Insights
Taxpayers carrying on a trade and directors of close companies may find it difficult to comply with new requirements to provide additional information in their self assessment (SA) tax return for 2025/26.
INSIGHTS VIEWPOINT
Tax news highlights from April 2026
- May 2026
- ICAEW Insights
ICAEW’s Tax Faculty provides a summary of some of the key developments in tax in April 2026 and explains where you can find further information.
INSIGHTS VIEWPOINT
HMRC updates its guidance on Making Tax Digital exemptions
- Apr 2026
- ICAEW Insights
ICAEW’s Tax Faculty explains the implications of recent changes to HMRC’s guidance on exemptions from Making Tax Digital (MTD) for income tax, including for taxpayers who complete the SA109 supplementary pages to the tax return.
INSIGHTS VIEWPOINT
Cyber: could a bad actor be lurking in your email accounts?
- Apr 2026
- ICAEW Insights
It’s never been easier for cyber attackers to get into your email accounts. Here’s why you should take it seriously, and how to protect yourself.
INSIGHTS VIEWPOINT
Taxpayers asked to update provisional and rounded tax return figures
- Mar 2026
- ICAEW Insights
HMRC is writing to taxpayers who included provisional or rounded figures in their self assessment (SA) tax return for 2024/25 to ask them to take action within 35 days of the date of the letter.
INSIGHTS VIEWPOINT
HMRC consults on changes to company tax returns
- Mar 2026
- ICAEW Insights
HMRC is asking for feedback on its plans to modernise and standardise company tax returns, including introducing a prescribed format for computations and requiring amendments to be made online.
INSIGHTS VIEWPOINT
Return obligation relaxed for short-term business visitors
- Mar 2026
- ICAEW Insights
The obligation to report non-tax advantaged employment related securities (ERS) data for short-term business visitors (STBV) has been removed where no UK income tax or national insurance contributions (NIC) would be due.
INSIGHTS VIEWPOINT
Prepare for 2026/27: Companies
- Feb 2026
- ICAEW Insights
ICAEW’s Tax Faculty highlights some of the key changes for companies ahead of the start of the new financial year on 1 April 2026, including increased penalties for the late filing of company tax returns.
INSIGHTS VIEWPOINT
Suspension of penalties for a one-off tax error
- Feb 2026
- ICAEW Insights
ICAEW’s Tax Faculty explains why HMRC may be unlikely to agree to suspend a penalty relating to a one-off error in a tax return and looks ahead to the potential reform of the penalties system.
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TAX FACULTY
HMRC clarifies tax treatment of deferred remuneration
- Feb 2026
- ICAEW
- Taxline
In the second of two articles on deferred remuneration paid to globally mobile or cross-border workers, Adelle Greenwood looks at new HMRC guidance on applying the charge to income tax.
INSIGHTS VIEWPOINT
HMRC webinar: ensuring tax returns are correct and complete
- Feb 2026
- ICAEW Insights
In its webinar on 4 March 2026, HMRC will explain the key points from its guidance on ensuring documents filed with HMRC are correct and complete and take questions from attendees.
INSIGHTS VIEWPOINT
ICAEW CHART
Chart of the week: quarterly public sector finances
- Feb 2026
- ICAEW Insights
This week’s chart looks at how the government is relying on a strong inflow from self-assessment and employee bonuses to meet its revised fiscal targets for the financial year to March 2026.
INSIGHTS VIEWPOINT
How 2025 winter fuel payments will be taxed
- Feb 2026
- ICAEW Insights
ICAEW’s Tax Faculty explains the circumstances in which 2025 winter fuel payments are taxable and how the tax will be collected by HMRC.
INSIGHTS VIEWPOINT
HMRC to send final batches of MTD mandation letters
- Feb 2026
- ICAEW Insights
The letter informs the taxpayer that they must comply with Making Tax Digital (MTD) for income tax from April 2026 based on the information included in their self assessment tax return for 2024/25.
INSIGHTS VIEWPOINT
HMRC sets expectations for AI in tax software
- Jan 2026
- ICAEW Insights
HMRC has published guidance for developers on what good use of generative artificial intelligence (AI) looks like in commercial software products that help users to submit tax returns or other information to HMRC.
INSIGHTS VIEWPOINT
Updated guidance on claims for overpayment relief
- Jan 2026
- ICAEW Insights
HMRC has published tips for making a valid claim for overpayment relief. This follows reports by ICAEW members that repayment requests were being rejected over minor administrative points, despite the substance of the claims being correct.
INSIGHTS VIEWPOINT
HMRC support for taxpayers and agents on 31 January
- Jan 2026
- ICAEW Insights
As the deadline for submitting the self assessment (SA) tax return for 2024/25 falls on a Saturday, taxpayers and agents who may need help from HMRC are advised to submit their returns on or before 30 January 2026.
INSIGHTS VIEWPOINT
Taxpayers may have exceeded BADR lifetime limit
- Jan 2026
- ICAEW Insights
HMRC is writing to taxpayers who made a claim for business asset disposal relief (BADR) in their self assessment tax return for 2024/25 and may have exceeded the lifetime limit of £1m.
INSIGHTS VIEWPOINT
2026: MTD income tax is here and stricter rules for advisers
- Jan 2026
- ICAEW Insights
As always, expect a lot of changes in tax this year – more specifically, how tax advisers file income tax returns for clients, and new HMRC powers, says Lindsey Wicks, Senior Technical Manager, Tax Policy.
INSIGHTS VIEWPOINT
Using provisional figures in the tax return
- Dec 2025
- ICAEW Insights
In the run-up to the filing deadline for the 2024/25 self assessment tax return, ICAEW’s Tax Faculty explains why care should be taken when using provisional figures.
INSIGHTS VIEWPOINT
Early tax return filers asked to check claims for investors’ relief
- Dec 2025
- ICAEW Insights
HMRC is writing to taxpayers who submitted their self assessment tax return for 2024/25 before October 2025 where the return included a claim for investors’ relief that HMRC has reason to believe may be invalid.
INSIGHTS VIEWPOINT
HMRC asks companies and agents to check tax returns
- Dec 2025
- ICAEW Insights
Letters are being sent where HMRC believes that the corporation tax liability declared by the company in its most recent company tax return is much lower than expected compared to similar companies.
INSIGHTS VIEWPOINT
Taxpayers reminded to ensure returns are correct and complete
- Dec 2025
- ICAEW Insights
Following the publication of guidance earlier this year, HMRC is asking wealthy taxpayers to ensure that any legal interpretation applied in a tax return or other document sent to HMRC is "correct in both fact and law”.
INSIGHTS VIEWPOINT
Claiming relief for a trade loss
- Nov 2025
- ICAEW Insights
ICAEW’s Tax Faculty explains the options for claiming relief for a loss made by an individual in their trade and how to give effect to the claim in a tax return.
INSIGHTS VIEWPOINT
2023/24 tax returns and the remittance basis charge
- Nov 2025
- ICAEW Insights
HMRC is asking individuals who were long-term UK resident and not UK-domiciled (non-doms) to check if they should have included the remittance basis charge in their self assessment (SA) tax return for 2023/24.
INSIGHTS VIEWPOINT
Tax return class 2 NIC issue is resolved, says HMRC
- Nov 2025
- ICAEW Insights
HMRC has confirmed that SA302 tax calculations for 2024/25 issued since 29 September 2025 will show the correct class 2 national insurance contributions (NIC). This follows a fix implemented by HMRC on 27 and 28 September 2025.
Displaying 1-30 of 146 results
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The latest news about the UK's tax system brought to you by ICAEW's Tax Faculty.