When business owners subject to income tax move to a tax year basis of taxation, there may be a need to use estimated figures for businesses with accounting year end dates that differ from the tax year end. HMRC is currently consulting on potential easements that might remove the need for estimates or reduce the administrative burden involved in correcting them, and ICAEW’s Tax Faculty is taking part in the consultation.
During the webinar on 16 May, you will have a chance to ask questions and give feedback on the proposals. Richard Jones and Anita Monteith from the Tax Faculty will be joined by Tom Brown, a Senior Policy Adviser in HMRC’s Small Business and Trading Policy Team.
The webinar is open to all ICAEW members. Register here
Tax Faculty
This guidance is created by the Tax Faculty, recognised internationally as a leading authority and source of expertise on taxation. The Faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
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