Working in tax
Members working in tax need to be aware of the fundamental principles and the standards for tax planning contained in Professional Conduct in Relation to Taxation (PCRT), ICAEW’s Code of Ethics and their anti-money laundering responsibilities and obligations.
Find out more
Tax
Personal tax
Expert commentary and practical guidance from ICAEW related to personal taxation, covering areas including: capital gains tax, income tax, inheritance tax, pensions, residence and domicile, savings and investments and trusts.
Find out more
Tax
Business tax
Practical guidance, commentary and support on the taxation of businesses, including: capital allowances, corporation tax, the taxation of partnerships, the self-employed and charities.
Find out more
Tax
Making Tax Digital
Making Tax Digital (MTD) is a fundamental change to the administration of the UK tax system. It affects how businesses and other organisations, agents and individuals maintain their accounting and tax records and how they transact and communicate with HMRC. MTD has two key elements, MTD for VAT and MTD for income tax self assessment (ITSA).
Find out more
Budgets and legislation
Spring Budget 2023
On 15 March 2023, Chancellor Jeremy Hunt delivered the Spring Budget, accompanied by a forecast from the Office for Budget Responsibility. Read ICAEW's analysis and reaction.
Find out more
Tax administration
Support for agents on the day-to-day practicalities of tax administration with support on HMRC contacts, filing tax returns and making complaints.
Find out moreTax compliance and investigation
Expert commentary and practical guidance from ICAEW related to tax compliance, as defined by HMRC. This includes appeals and investigations, avoidance, evasion, and penalties.
Find out moreTax reform
As part of its strategy to support a world of sustainable economies, ICAEW draws on its members’ expertise to examine hot topics in tax and provide practical solutions to challenges faced by policymakers and regulators.
Find out moreTax Faculty
Tax is a fast-moving and ever-changing world. Our expert staff and volunteers, and consultation work with government, means we can bring you the latest developments and expert opinions. Join today to access our resources and keep on top tax form.
Find out more and join the Tax Faculty
Latest tax news
ICAEW makes its case for Budget tax measures
- Article
- 19 Sep 2024
ICAEW has set out its recommendations for the business tax roadmap to be published at the Budget and has encouraged the government to carry-out a wider review of the tax system. ICAEW's Tax Faculty goes through the details.
Tax news in brief 18 September 2024
- Article
- 18 Sep 2024
Highlights from the broader tax news for the week ending 18 September 2024, including: HMRC pillar two guidance; an update to the system for providing information in support of a claim for R&D tax relief; and new VAT legislation relating to caravans.
ICAEW calls again for FHL brightline test
- Article
- 18 Sep 2024
ICAEW’s Tax Faculty has responded to the government’s consultation on draft legislation which provides for the abolition of the furnished holiday lettings (FHL) tax regime from April 2025.
A brief history of VAT in Europe and the UK
- Article
- 18 Sep 2024
Hatched as a concept at the end of the First World War and brought into use in the wake of the Second, VAT was designed to be simple and politically neutral.
Delay charging VAT on private school fees, urges ICAEW
- Article
- 17 Sep 2024
ICAEW believes that implementing the legislation with effect from 1 January 2025 does not give private schools enough time to prepare.
MPs briefed on HMRC’s R&D compliance approach
- Article
- 16 Sep 2024
ICAEW’s Tax Faculty has warned MPs that HMRC’s handling of research and development (R&D) tax relief claims is causing significant disruption for companies undertaking genuine R&D activities.
Economy explainers: private schools and VAT
- Article
- 16 Sep 2024
The Labour government has published draft legislation removing the VAT exemption for private schools from 1 January 2025. ICAEW’s experts outline the changes.
Economy explainers: what is the non-dom regime?
- Article
- 12 Sep 2024
The Labour government has pledged to deliver on the previous administration’s commitment to abolish the tax rules for non-UK domiciled individuals. ICAEW experts explain what makes someone a non-dom, and why it matters.