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Tax returns - articles

Features and articles from ICAEW related to tax returns under the UK tax regime.

Displaying 1-30 of 152 results
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.
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.
Tax news in brief 25 November 2025
  • Nov 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 25 November 2025, including: the latest advisory fuel rates; and planned downtime for the agent services account and other HMRC services.
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.
INSIGHTS VIEWPOINT Holding companies asked to check management expenses
  • Nov 2025
  • ICAEW Insights
HMRC has written to holding companies with overseas subsidiaries asking them to review the tax treatment of any management expenses claimed by the holding company where those expenses may benefit a connected party.
INSIGHTS VIEWPOINT Employers warned to avoid payroll tax credits schemes
  • Nov 2025
  • ICAEW Insights
HMRC has published a briefing warning employers and recruitment agencies against using “fraudulent” schemes that claim to reduce employment taxes.
Tax news in brief 18 November 2025
  • Nov 2025
  • ICAEW Insights
Highlights from the broader tax news for the week ending 18 November 2025, including: new guidance from HMRC on the recovery of winter fuel payments; and a new tool for generating reports based on data held in the customs declaration service.
INSIGHTS VIEWPOINT More tax return tips for sole traders
  • Nov 2025
  • ICAEW Insights
In the run up to the 31 January 2026 deadline for filing the 2024/25 tax return, ICAEW’s Tax Faculty highlights key points for applying the tax year basis, non-business expenditure and Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT New process for indirect exports from 15 December 2025
  • Nov 2025
  • ICAEW Insights
From next month, businesses may need to change how they move goods through indirect exports from Northern Ireland. Guidance shared by HMRC explains why this is the case and sets out the options for traders.
INSIGHTS VIEWPOINT Check claims for foreign tax credit relief, says HMRC
  • Nov 2025
  • ICAEW Insights
HMRC is asking wealthy taxpayers to ensure they meet the criteria for foreign tax credit relief (FTCR), and to consider the terms of the relevant double tax agreement (DTA), before making a claim in their self assessment (SA) tax return for 2024/25.
INSIGHTS VIEWPOINT HMRC contacts agents about directors’ loan accounts
  • Nov 2025
  • ICAEW Insights
Agents are being asked to check if their clients’ company tax returns are correct where relief from tax has been claimed in the expectation that a loan made to a participator will be repaid.
INSIGHTS VIEWPOINT Tax return tips for sole traders: the cash basis
  • Nov 2025
  • ICAEW Insights
ICAEW’s Tax Faculty explains why changes to the cash basis should not be overlooked when completing the self-employment pages of the 2024/25 tax return.
INSIGHTS VIEWPOINT Most businesses and agents see no benefits to MTD income tax
  • Nov 2025
  • ICAEW Insights
A recent survey of businesses and agents found that while awareness of Making Tax Digital (MTD) for income tax has improved, it is expected to increase costs and time pressures without having any benefits for businesses.
INSIGHTS VIEWPOINT Help with paying tax and claiming tax repayments
  • Nov 2025
  • ICAEW Insights
Millions of taxpayers will have tax to pay on submitting their self assessment (SA) tax return for 2024/25, or will be due a tax refund. ICAEW’s Tax Faculty explains how to avoid interest and penalties on late payments and avoid repayment delays.
INSIGHTS VIEWPOINT First MTD mandation letters to be sent this month
  • Nov 2025
  • ICAEW Insights
Sole traders and landlords who filed their 2024/25 self assessment (SA) tax return by the end of August 2025 will be the first to be notified by HMRC that they must comply with Making Tax Digital (MTD) for income tax from April 2026.
INSIGHTS VIEWPOINT Making the most of capital losses
  • Oct 2025
  • ICAEW Insights
ICAEW’s Tax Faculty provides a step-by-step guide to capital losses, highlighting areas where mistakes can be made and opportunities may be missed, in the run-up to the income tax self assessment (ITSA) filing deadline.
INSIGHTS VIEWPOINT Wealthy taxpayers asked to check if tax return required
  • Oct 2025
  • ICAEW Insights
HMRC is writing to wealthy taxpayers it believes should have submitted an income tax self assessment (ITSA) tax return for the tax year ended 5 April 2023 but failed to do so.
INSIGHTS VIEWPOINT Student loan repayments and payrolled benefits
  • Oct 2025
  • ICAEW Insights
ICAEW is reminding taxpayers to complete a new box on their 2024/25 income tax self assessment (ITSA) tax return where their employment income includes payrolled benefits in kind (BIKs) and they make student loan repayments.
INSIGHTS VIEWPOINT Prepare for change with ICAEW’s tax content
  • Oct 2025
  • ICAEW Insights
Tax return season, the start of Making Tax Digital (MTD) for income tax and the prospect of significant changes to the tax system all pose challenges for the tax profession in the months ahead. Stay informed and earn CPD with ICAEW’s tax content.
INSIGHTS VIEWPOINT How to avoid errors when signing up clients to MTD income tax
  • Oct 2025
  • ICAEW Insights
ICAEW’s Tax Faculty is reminding agents of the importance of linking existing authorisations to the agent services account (ASA) before signing up clients for Making Tax Digital (MTD) for income tax.
INSIGHTS VIEWPOINT CGT tips for 2024/25 tax returns
  • Oct 2025
  • ICAEW Insights
Avoid errors on 2024/25 self assessment (SA) tax returns with three tips from ICAEW’s Tax Faculty on reporting capital gains and losses and paying capital gains tax (CGT).
INSIGHTS VIEWPOINT Taxpayers asked to check dividend income
  • Oct 2025
  • ICAEW Insights
HMRC is writing to taxpayers who may have failed to include all of their dividend income from shares in UK companies on their income tax self assessment (ITSA) tax return for 2023/24.
INSIGHTS VIEWPOINT £500 tax-free amount for trusts and estates causes confusion
  • Oct 2025
  • ICAEW Insights
In the second of a series of articles leading up to the 31 January 2026 deadline for submission of self assessment (SA) tax returns, ICAEW’s Tax Faculty highlights changes to the rules for low-income trusts and estates for 2024/25.
INSIGHTS VIEWPOINT New process for paying the high income child benefit charge
  • Sep 2025
  • ICAEW Insights
HMRC’s online service for paying the high income child benefit charge (HICBC) through pay as you earn (PAYE), which was previously announced at the Spring Statement 2025, is now live.
INSIGHTS VIEWPOINT Digitally excluded can now apply for MTD exemption
  • Sep 2025
  • ICAEW Insights
HMRC has published guidance on how to apply for an exemption from Making Tax Digital (MTD) for income tax where the taxpayer is digitally excluded.
INSIGHTS VIEWPOINT Do you need to do a tax return?
  • Sep 2025
  • ICAEW Insights
In the first of a series of articles leading up to the 31 January 2026 deadline for submission of income tax self assessment (ITSA) tax returns, ICAEW’s Tax Faculty explains why it’s important to check if a tax return is needed for 2024/25.
Displaying 1-30 of 152 results
Latest news

The latest news about the UK's tax system brought to you by ICAEW's Tax Faculty.