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Displaying 1-10 of 55 results
Government’s plans for inheritance tax may have severe consequences
- Article
- 07 May 2025
ICAEW has responded to the government’s consultation on how the proposed changes to agricultural property relief (APR) and business property relief (BPR) for inheritance tax (IHT) will apply to property settled into trust.
ICAEW welcomes delay to mandatory payrolling of benefits
- Article
- 06 May 2025
The government’s announcement that the introduction of mandatory payrolling of benefits in kind (BIK) has been delayed from 6 April 2026 to 6 April 2027 follows comprehensive feedback from ICAEW and other stakeholders.
MPs call on HMRC to address challenges in tax administration
- Article
- 06 May 2025
Parliament’s Public Accounts Committee’s report reveals the challenges faced by HMRC in administering the increasingly complicated tax system, emphasising the need for simplification, improving trust among taxpayers and learning lessons from the implementation of MTD.
Tax news in brief 7 May 2025
- Article
- 06 May 2025
Highlights from the broader tax news for the week ending 6 May 2025, including: a HMRC one-to-many campaign focusing on wealthy individuals; and new and updated tools from HMRC.
Landlords advised not to use tax avoidance scheme
- Article
- 01 May 2025
HMRC has warned against the use of a capital gains tax (CGT) avoidance scheme that involves an individual transferring their property business to a limited liability partnership (LLP), which is then put into members’ voluntary liquidation (MVL).
Government announces raft of tax simplification measures
- Article
- 29 Apr 2025
ICAEW’s Tax Faculty provides a summary of the key measures announced by the government on 28 April 2025 as part of a tax administration and simplification update, including a welcome delay to plans for mandatory payrolling of benefits in kind (BIK).
Tax news in brief 29 April 2025
- Article
- 29 Apr 2025
Highlights from the broader tax news for the week ending 29 April 2025, including: updates to HMRC’s guidance on, and software page for Making Tax Digital (MTD) for income tax; and new guidance on VAT grouping in the care industry.
Government sets out new tax to address carbon leakage
- Article
- 28 Apr 2025
Draft legislation providing for the introduction of a UK carbon border adjustment mechanism (CBAM) from January 2027 has been published for technical consultation.
Why Trump is wrong to construe VAT as a tariff
- Article
- 28 Apr 2025
Recent US policy shifts suggest that President Trump interprets VAT as a tariff. For tax campaigner Dan Neidle, that is a significant misconception.
New process and rules for international employees
- Article
- 25 Apr 2025
ICAEW is reminding employers of the changes made from 6 April 2025 to the process for operating pay as you earn (PAYE) for globally mobile or treaty non-resident employees and to overseas workdays relief.
Displaying 1-10 of 55 results