Technical resources

Consultation: Simplifying and modernising HMRC’s Income Tax services through the tax administration framework

ACCA's response to Simplifying and modernising HMRC’s Income Tax services through the tax administration framework

HMRC R&D Tax Relief Reform consultation

ACCA welcomes the opportunity to provide views on the design of a single R&D tax relief scheme in response to a consultation issued jointly by HMT and HMRC. We would like to see both small to medium sized enterprises (SMEs) and large businesses fairly represented in the final scheme.

Draft guidance: Research and Development (R&D) tax reliefs

ACCA welcomes the opportunity to comment on the proposals issued by HMRC. We have consulted our members through surveys and expert interviews and their views are represented in the following response.

Welsh government draft Budget: the key points

An at-a-glance overview of changes to the three devolved Welsh taxes

Professional Conduct in Relation to Taxation (PCRT)

Professional Conduct in Relation to Taxation (PCRT) sets out the professional standards that are expected of a member when undertaking tax work.

Technical factsheet: property tax

Our comprehensive factsheet covers all aspects of property tax, from VAT, property income and dealing with developers to CGT, SDLT and dealing with issues around separation and divorce

HMRC's consultation on improving data collected from customers

ACCA welcomes the opportunity to respond to HMRC’s consultation on Improving the data HMRC collects from its customers.

Digitalising Business Rates: connecting business rates and tax data

ACCA's response to HMRC's consultation on Digitalising Business Rates

Sustainability Disclosure Standards – coming ready or not?

For those of us who may be sceptical about the likelihood of global sustainability standards any time soon, it is worth remembering the global adoption of the IFRS Accounting Standards, issued by the International Accounting Standards Board (IASB). In the ‘Use of IFRS Standards around the world’ published by the IFRS Foundation in 2018, 144 of the 166 profiled jurisdictions require the use of IFRS Standards. This significant milestone was achieved in less than 20 years as it was only from 1 April 2001 when the standard-setting work of the IFRS Foundation was carried out by the IASB.

HMRC pauses some RDTC payments

The move comes as irregular claims are investigated

ACCA representations to the Chancellor ahead of Spring Statement

Read our letter to Rishi Sunak

Sage Inspire Me: MTD edition

Get all the latest information and support to guide you through MTD for ITSA

Making Tax Digital for VAT is coming ― are you ready?

VAT-registered businesses must register for MTD for VAT by 1 April 2022

MTD for ITSA: Your first 100 days plan

Watch our webinar to help your practice focus its attention on MTD ITSA now

Event: Fostering taxpayer education to enhance public trust in tax and help achieve SDGs - 8 February 2022

ACCA and IFAC, in collaboration with the OECD, are delighted to invite you to a lively discussion revolving around three main approaches around taxpayers education - teaching tax; communicating tax; and supporting taxpayers directly in compliance - and how to foster effective collaboration among the key actors, with experts from the OECD, EU policy makers, tax administrations, academics and the accountancy profession.

Concern over the impact of incoming NIC increases

Read ACCA's letter to the Chancellor calling for a delay to the health and social care levy

Engagement letters

Our suite of factsheets will show you how to create client letters for tax and accounts production

Consultation: A Framework for Tax

Read ACCA's submission to the Scottish Government’s Taxation and Fiscal Sustainability Directorate

Autumn Budget update webinar

How will the Budget impact you and your clients?

Public Trust in Tax, how to enhance the effectiveness, sustainability and fairness of global tax systems?

Joint IFAC-ACCA-CAANZ event, in collaboration with the OECD: Public Trust in Tax, how to enhance the effectiveness, sustainability and fairness of global tax systems?

Consultation: basis period reform

ACCA responded to HMRC's call for evidence, expressing disappointment that HMRC has chosen to give businesses just six weeks to respond to proposals with far-reaching effects on the self-employed

Consultation: creating a 21st-century tax system

Read ACCA's response to HMRC

Consultation: timely payments

Read ACCA's submission to HMRC

ACCA guide to... R&D expenditure credits (RDEC)

Research and development expenditure credit (RDEC) can reduce your tax bill if your company carries out qualifying research and development

ACCA guide to... research and development tax credits

Research and development tax credits can be a valuable tax break for small companies

ACCA guide to... research and development grants

A research and development (R&D) grant can be an important element of funding the development of an innovative new product, service or process

Raising standards in the tax market: PCRT response

Read the Professional Conduct in Relation to Taxation bodies' submission

Technical factsheet: reporting grants claims under SEISS

This guidance will help you comply with obligations under Professional Conduct in Relation to Taxation

New HMRC agent service for PAYE online: liabilities and payments viewer

The replacement addresses problems experienced with Agent Online Self Serve

Corporation tax loss relief changes

Our handy comparison table explains the 2017 reforms

ACCA guide to... company cars and tax

Both employers and employees need to consider the tax implications of company cars before making decisions

ACCA guide to... Making Tax Digital: how to file a VAT return

MTD is being introduced gradually – and it started in April 2019 with VAT returns

Engagement letters for tax practitioners

Engagement letters for tax practitioners provide guidance about engagement letters for tax work, including VAT schedules following Brexit

Technical factsheet: Treatment of off-payroll arrangements – IR35 summary

The aim of IR35 is to seek to prevent contractors avoiding tax and national insurance contributions by treating them as employees for tax purposes.

Guide to... salary or dividends: tax calculations

We explain the basics in deciding between paying yourself salary or awarding dividends from your limited company for the tax year

Guide to... capital gains tax for individuals, sole traders and partnerships

Personal and business capital gains are treated differently, depending on whether you are self-employed (as a sole trader or in a partnership) or trade as a limited company

Guide to... chargeable gains for companies

Capital gains for limited companies and unincorporated associations (eg clubs and co-operatives) are dealt with through corporation tax and are referred to as chargeable gains

Interim guidance on the CJRS

This guidance will help you comply with obligations under Professional Conduct in Relation to Taxation

Guide to... tax inspections and how to avoid them

when it comes to mistakes, ignorance is no defence, so firms have to take every care when completing their returns and ensure that they are on time – in other words, don’t give HMRC any cause for concern.

Guide to... what to do when you lose your tax records

Unforeseen circumstances – such as a fire or flood in your premises – could mean you lose your tax and accounting records. In this guide, we explore what to do if you lose financial records and what help you can expect from HMRC.

Ten common tax elections and claims

We look at some of the more common elections and claims that are useful tax planning or compliance tools

Certainty in tax

First published in 2014, this report examines certainty which, along with simplicity and stability, is one of the cornerstones of a good tax system: but why is it important? How can policymakers encourage certainty? Are there occasions when an uncertain outcome might be unavoidable, or even justified?

HMRC Charter

The HMRC Charter sets out the standard of behaviour and values that HMRC aspires to when interacting with customers. ACCA responded to the consultation, which closed on 15 August 2020

Raising standards in the tax advice market

ACCA responded to HMRC's call for evidence in August 2020

Why does sustainable business matter?

IN one of Jason Piper's Global Ethics Day 2020 articles, he examines why sustainable businesses will inevitably be at the core of recovery from the economic impact of Covid-19.

Tenets of business law: A framework for the future

In one of his Global Ethics Day 2020 articles, Jason Piper examines why business law needs to encourage ethical behaviour to help build better Covid-19 recovery.

ACCA's response to EU Green Deal – Revision of the Energy Taxation Directive

ACCA welcomes the opportunity to provide our views to the proposed revision of the Energy Taxation Directive (ETD). We fully support the stated aims of this revision: by sending price signals, taxes are, indeed, an important lever in changing business and consumer behaviour. We particularly welcome the Commission’s intention to shift the tax burden from labour taxation to environmental taxation. ACCA believes that this holistic and system-wide policy response is key to addressing the scale of the environmental and social challenges currently facing not only EU member states, but countries around the world.

Technical factsheet: landlord reliefs and taxes

Over the past 10 years the government has attacked the buy-to-let market with a raft of new provisions designed, in part, to make this activity less attractive. This factsheet explores the reliefs and taxes affecting landlords.

Technical factsheet: inheritance tax planning

Unlike income tax, inheritance tax is something that clients will prefer not to think about until a fairly momentous stage in their life

Stability in tax

First published in 2015, this report examines stability which, along with simplicity and certainty, is one of the cornerstones of a good tax system: but why is it important? In the face of changing economic and social demands, and not least the impact of the COVID19 pandemic, how best can change be managed?