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Displaying 1-10 of 60 results
Tax news in brief 13 May 2025
- Article
- 13 May 2025
Highlights from the broader tax news for the week ending 13 May 2025, including: tips from HMRC for completing the 2024/25 self assessment tax return; and a HMRC one-to-many campaign relating to research and development (R&D) tax relief.
Proposed HMRC powers are not in the public interest, says ICAEW
- Article
- 13 May 2025
ICAEW has warned that the government’s plans to tackle tax advisers facilitating non-compliance are poorly targeted and could adversely affect the operation of the tax advice and compliance market in the UK.
Transfer pricing rules to be reformed
- Article
- 12 May 2025
The government has said it intends to make various changes to the UK’s international tax rules, which includes narrowing the scope of the UK-UK transfer pricing rules and replacing the diverted profits tax.
Upcoming July deadline for employment related securities returns
- Article
- 12 May 2025
ICAEW reminds employers of the 6 July deadline for submitting employment related securities returns and explains the new process for making a joint election to transfer an employer’s national insurance contributions (NIC) liability to an employee.
ICAEW strongly supports adoption of e-invoicing
- Article
- 09 May 2025
ICAEW has recommended prioritising voluntary adoption of electronic invoicing (e-invoicing), with mandation delayed until at least 1 January 2030, in its response to the government’s consultation.
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).
Displaying 1-10 of 60 results