Displaying 1-30 of 196 results
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
5 April deadline for payrolling of benefits
- Mar 2026
- ICAEW Insights
Employers who have not previously payrolled benefits in kind (BIK), and are interested in doing so for 2026/27, have until 5 April 2026 to register with HMRC. Payrolling of BIK will become mandatory from 6 April 2027.
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
Support entrepreneurship through stability in the tax system, says ICAEW
- Mar 2026
- ICAEW Insights
Responding to the government’s call for evidence on tax support for entrepreneurs, ICAEW has called for a stable tax framework and targeted technical changes to strengthen key tax incentives and to encourage investment.
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.
Exclusive
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.
Tax news in brief 24 February 2026
- Feb 2026
- ICAEW Insights
Highlights from the broader tax news for the week ending 24 February 2026, including an update from HMRC on the suppression of corporation tax payment reminder letters for some companies.
INSIGHTS VIEWPOINT
Prepare for 2026/27: Individuals
- Feb 2026
- ICAEW Insights
ICAEW’s Tax Faculty provides a summary of some of the key changes affecting individuals from 6 April 2026, including increases to some of the rates of income tax and capital gains tax (CGT), as well as reforms to inheritance tax (IHT).
INSIGHTS VIEWPOINT
Prepare for 2026/27: Employees
- Feb 2026
- ICAEW Insights
There is good and bad news for employees for 2026/27 as more low-value benefits can be provided by employers without incurring a tax charge, however the ability to make a claim for tax relief for homeworking expenses is withdrawn.
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
Tax code changes for employment expenses and gift aid relief
- Jan 2026
- ICAEW Insights
From April 2026, employment expenses and gift aid will be removed from the tax codes of some taxpayers where HMRC’s data shows that they are unlikely to be accurate or relevant.
Tax news in brief 20 January 2026
- Jan 2026
- ICAEW Insights
Highlights from the broader tax news for the week ending 20 January 2026, including: more correspondence from HMRC on Making Tax Digital (MTD) for income tax; and updated guidance from HMRC on the remittance basis.
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
Taxpayers told to watch out for self assessment scams
- Dec 2025
- ICAEW Insights
In a warning to taxpayers, HMRC has revealed that more than 4,800 self assessment scams have been reported since February 2025. Separately, HMRC has launched a new tool for reporting suspicious activity in HMRC online accounts.
INSIGHTS VIEWPOINT
MTD: how to deal with digital refusers
- Dec 2025
- ICAEW Insights
With the watershed for Making Tax Digital (MTD) for income tax just a few months away, Aaron Patrick of Boffix explains how to help your digitally reluctant clients comply.
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
Are you ready for MTD income tax?
- Dec 2025
- ICAEW Insights
The final countdown for Making Tax Digital (MTD) for income tax is underway, with the first wave of self‑employed clients and landlords coming into scope from April 2026, followed by further tranches in 2027 and 2028.
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
Budget: Key changes to income tax administration, payments and penalties
- Nov 2025
- ICAEW Insights
Easements for Making Tax Digital (MTD) for income tax, penalty reform announcements and changes to self assessment payments.
INSIGHTS VIEWPOINT
Budget: Key changes impacting business taxation
- Nov 2025
- ICAEW Insights
ICAEW’s Tax Faculty provides a summary of some of the changes affecting businesses announced at the Budget, including capital allowances and business rates as well as adjustments to penalty rates for late corporation tax filings and increasing the limits for venture capital reliefs.
Displaying 1-30 of 196 results
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The latest news about the UK's tax system brought to you by ICAEW's Tax Faculty.