Need to know
Exclusive
TAXguide 05/12
- Technical release
- 17 Feb 2015
- PDF (351kb)
Guidance on Aggressive tax avoidance schemes – what you need to bear in mind
Professional conduct in relation to taxation (PCRT)
- Helpsheets and support
- 30 Oct 2023
PCRT sets out the principles and standards of behaviour that all members, affiliates and students must follow in their tax work.
Practical guidance
ICAEW's Tax Faculty produces TAXguides to provide practical support on technical areas of tax.
TAXguide 11/18: the settlements legislation
- Technical release
- 02 Jul 2018
In TAXguide 11/18 Sarah Godfrey explores the settlements legislation and what it means for the family business, the Arctic Systems case and HMRC’s views of the rules as they currently apply.
Exclusive
TAXGUIDE 0116 Transactions in securities: company distributions
- Technical release
- 02 May 2016
- PDF (257kb)
Transactions in securities : company distributions, clearance applications further to draft clause 16, Finance Bill 2016. Exchange of correspondence between ICAEW Tax Faculty and HMRC in January 2016.
Exclusive
TAXguide 02/16 (TECH 06/16 TAX)
- Technical release
- 30 Mar 2016
- PDF (344kb)
Company Distributions : transactions in securities regime and liquidation distributions targeted anti-avoidance rule. Note of meeting with HMRC on 26 January 2016 published by ICAEW Tax Faculty.
Exclusive
TAXguide 05/13
- Technical release
- 19 Mar 2015
- PDF (135kb)
HMRC Comments on treatment of liabilities for inheritance tax purposes
Exclusive
TAXguide 05/12
- Technical release
- 17 Feb 2015
- PDF (351kb)
Guidance on Aggressive tax avoidance schemes – what you need to bear in mind
Features and articles
Tax news in brief 7 August 2024
- Article
- 06 Aug 2024
Highlights from the broader tax news for the week ending 7 August 2024, including: changes to HMRC’s interest rates; updated guidance from HMRC on publishing a tax strategy; and changes to the form for applying for a healthcare certificate.
Exclusive
Transfer of assets abroad redefined
- Article
- 11 Jan 2024
Andrew Cockman reviews the Supreme Court decision in Fisher concerning the transfers of assets abroad rules.
ICAEW briefs MPs on key clauses ahead of Finance Bill debates
- Article
- 09 Jan 2024
MPs are scheduled to start debating Finance Bill 2023-24 on 10 January. ICAEW has produced briefings on R&D, pensions, provision of additional data and promoters of tax avoidance.
Committee examines R&D, promoters and data proposals
- Article
- 01 Nov 2023
The House of Lords Economic Affairs committee inquiry into the draft Finance Bill 2023-24 received 19 written responses and has heard from five representative bodies, including ICAEW.
ICAEW responds to draft Finance Bill 2023-24 provisions
- Article
- 20 Sep 2023
The Tax Faculty provided input on measures relating to the proposed merged R&D tax credit scheme, tougher measures for promoters of tax avoidance, changes to data HMRC collects from customers and abolishing the pensions lifetime allowance.
Exclusive
Understanding the statutory clearance process
- Article
- 03 Aug 2023
Nick Wright summarises the key case law that is relevant to understand whether HMRC will provide statutory clearance for a transaction.
ICAEW responds to consultation on tougher sanctions for tax avoidance promoters
- Article
- 27 Jun 2023
HMRC’s proposals would allow a criminal offence to be applied where promoters continue to promote a scheme after a stop notice has been issued, and directors to be disqualified in some situations.
Tax news in brief 21 June 2023
- Article
- 20 Jun 2023
Highlights from the broader tax news for the week ending 21 June 2023, including: employer updates; income record viewer video; deadline to create agent services account for repayment claims; raising awareness of tax avoidance schemes; corporate interest restriction reporting companies; and interactive guidance and gform for self-employed taxpayers working abroad.
Webinars and recordings
Exclusive
Managing tax risks in a complex world
- Webinar
- 04 Mar 2021
Join BDO’s James Egert, Karen Riley, Steven Levine and Carrie Rutland as they take a high-level overview of the key risks that companies face in making disclosures, submitting accurate returns and applying the law correctly.
Exclusive
Tax Round-up 2020
- Webinar
- 24 Sep 2020
This webinar from the Tax Faculty provides a round up of all the measures that are under review and subject to consultation, and how the faculty will be responding.
Bloomsbury Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.
Exclusive
Reporting tax schemes and irregularities
- eBook chapter
- 2024
- The TACS Partnership
A chapter on HMRC's extensive powers to discourage the design, marketing, and implementation of tax avoidance schemes.
Exclusive
Interest and penalties
- eBook chapter
- 2024
- The TACS Partnership
A chapter on the penalties which may be incurred under the current UK tax regime. Covers penalties for failure to notify, late filing, late payment, errors, and enablers of tax avoidance. The authors also discuss the interest which is chargeable on tax paid late, as well as the general anti-abuse rule (GAAR) penalty regime.
Exclusive
SDLT anti-avoidance rules
- eBook chapter
- 2024
- Ros Martin
A chapter providing an outline of the anti-avoidance rules which apply to Stamp Duty Land Tax.
Exclusive
Remuneration strategies
- eBook chapter
- 2024
- Peter Rayney
Chapter containing advice on remuneration strategies and tax planning, written for anyone who advises or runs a family or owner-managed company.
Exclusive
Selling the owner-managed business or company
- eBook chapter
- 2024
- Peter Rayney
Tax planning advice on selling a family or owner-managed company, written for anyone who advises or runs one.
Exclusive
Tax planning versus tax avoidance
- eBook chapter
- 2024
- Chris Erwood, Jacquelyn Kimber, Iris Wünschmann-Lyall
Expert commentary on how to draw a line between tax planning, tax avoidance and illegal tax evasion, in relation to capital gains tax.
Exclusive
The regulation of tax avoidance
- eBook chapter
- 2024
- Hartley Foster, Adrian Shipwright
A chapter on the various anti-avoidance rules which apply in the UK. Includes sections on the Disclosure of Tax Avoidance Schemes regime, the indirect tax rules, accelerated payment and follower notices, the Promoters of Tax Avoidance Schemes rules, and DAC6 and mandatory disclosure rules.
Exclusive
Tax avoidance and legislation
- eBook chapter
- 2024
- Hartley Foster, Adrian Shipwright
A chapter on the legislative measures (other than penalties) that are used as a means of tackling tax avoidance.
Terms of use
You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.
eBooks
The Library & Information Service provides a collection of eBooks as a benefit of membership. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com.
Exclusive
Estate planning: anti-avoidance
- eBook chapter
- 2024
- Lesley King
A section outlining the rules and regulations that have been enacted to combat the effectiveness of tax avoidance schemes in estate planning contexts. Includes consideration of the general anti-abuse rule (GAAR) and the Disclosure of Tax Avoidance Scheme (DOTAS) Regulations.
Exclusive
Anti-avoidance
- eBook chapter
- 2023
- IBFD
A section providing an overview of the UK's anti-avoidance rules relating to corporate taxation. Covers the general anti-abuse rule (GAAR), disclosure of tax avoidance schemes (DOTAS) rules, Pillar Two, transfer pricing legislation, limitations on interest deductibility, the controlled foreign company (CFC) charge, and the legislation on hybrid mismatches.
Exclusive
Mandatory disclosure rules
- eBook
- 2023
- Georg Kofler [and others]
Contains 39 national reports from experts in international tax law with strong knowledge in the OECD/G20 BEPS Project and EU developments where they discuss their countries' objectives and experiences regarding the impact and implementation of MDR.
Exclusive
Compliance issues and transfer pricing disputes
- eBook chapter
- 2022
- Jerome Monsenego
A chapter examining two administrative concerns linked to transfer pricing: the need to enforce certain compliance rules, and the prevention and resolution of cross-border transfer pricing disputes.
Exclusive
A practitioner's guide to international tax information exchange regimes
- eBook
- 2021
- Grahame Jackson, Harriet Brown
The authors analyse the operation of the various automatic exchange of information regimes which have been introduced in the last five years, including the OECD common reporting standards DAC6 and MDR.
Exclusive
Anti-avoidance
- eBook chapter
- 2021
- Malcolm James
A chapter summarising HMRC's present strategy with regard to tax avoidance. Includes an overview of the various rules and legislation in this area.
Exclusive
Taxation agency and advice
- eBook chapter
- 2021
- Simon Salzedo, Tony Singla
- Accountants Negligence and Liability
A section on possible liabilities for accountants undertaking activities relating to taxation — both compliance and advisory work.
Terms of use
You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Representations
ICAEW REP 070/24 Business Tax Roadmap
- Representation
- 30 Sep 2024
- PDF (162kb)
A letter sent from Frank Haskew, Head of Tax, ICAEW, to James Murray MP, Exchequer Secretary to the Treasury.
ICAEW REP 049/24 Raising standards in the tax advice market - Strengthening the regulatory framework and improving registration
- Representation
- 24 May 2024
- PDF (430kb)
A representation dated 23 May 2024 to a consultation published by HMRC on 6 March 2024.
ICAEW REP 048/24 Finance (No2) Bill 2023-24 Clause 22 Transfers of assets abroad
- Representation
- 23 May 2024
- PDF (245kb)
A Briefing for MPs on the Finance Bill by ICAEW Tax Faculty dated 21 May 2024.
ICAEW REP 004/24 Finance Bill 2023-24 - Clauses 32 & 33: Promoters of tax avoidance
- Representation
- 09 Jan 2024
- PDF (158kb)
A briefing for MPs on the Finance Bill by ICAEW Tax Faculty.
ICAEW REP 100/23 Draft Finance Bill 2023-24
- Representation
- 21 Nov 2023
- PDF (251kb)
ICAEW welcomes the opportunity to provide evidence on the Draft Finance Bill 2023-24 to the House of Lords Economic Affairs Finance Bill Sub-Committee.
ICAEW REP 096/23 EOTs consultation
- Representation
- 28 Sep 2023
- PDF (175kb)
A representation dated 27 September 2023 to a consultation published by HMRC on 18 July 2023.
ICAEW REP 093/23 Tougher consequences for promoters of tax avoidance
- Representation
- 12 Sep 2023
- PDF (193kb)
A representation dated 12 September 2023 to a consultation published by HMRC on 27 April 2023.
ICAEW REP 081/23 Tackling umbrella company non-compliance
- Representation
- 30 Aug 2023
- PDF (318kb)
A representation dated 29 August 2023 to a consultation published by HM Treasury, HM Revenue & Customs and Department for Business & Trade on 6 June 2023.
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