Technical resources

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

Budget 2020

ACCA has a host of webinars and support available to help you and your practice understand Budget 2020

Frequently asked questions on residential buy to let property

Our handy guide will keep you informed on BTL taxation rules

Reporting payroll: non-banking days

What to do when you pay your employees at a different time

Budget 2018

Find out all you need to know about the Budget with our special issue of In Practice

Trusts legal framework factsheets

ACCA members can request a range of legal framework factsheets

Technical factsheet: Settlement agreements

The settlement offer was introduced by s111A of the Employment Rights Act 1996 to provide a new tool to assist employers to resolve issues at work. The offer and the subsequent discussions between the employer and the employee can result in them concluding a settlement agreement by which the employment is terminated in a mutually acceptable way.

Tax changes affecting buy-to-let properties

Tax changes for holding a rental property as an individual, or in a limited company, will need to be carefully considered by landlords

Changes to tax relief for residential landlords

A quick refresher on the impact of the new finance costs restrictions

Badges of trade

A side-by-side comparison of badges of trade between circumstances pointing to trade or investment

Income and expenses helpful hints for tax return

Understanding taxable and non-taxable receipts

Offline options for paying HMRC

Fewer options available for those who choose not to pay online

Top five most popular self-assessment questions

HMRC has revealed the most popular questions - and answers

Overpayments from customers

Don’t overlook the VAT, tax and legal implications of overpayments

Changes to PAYE tax coding

Why it pays to get it right first time

Car fuel and mileage allowance

Understanding allowances for employees who use a company car

Changes to ATED reporting

The new rules on annual tax on enveloped dwellings come into force from 1 April 2018

Public sector and IR35 suppliers

Guidance to share with clients who operate in the public sector

HMRC consultation on tackling offshore tax evasion - a requirement to correct

ACCA has responded to a consultation by HM Revenue & Customs on tackling offshore tax evasion

State pension

The government is providing advice on the new state pension rules

Higher stamp duty land tax - consultation

Details on the consultation and how you can get involved

Pension drawdown

A look at how pension drawdown is taxed

Reasonable excuse - tax returns

You can remove tax return-related penalties if there is a reasonable excuse for not sending the return in on time

Farmers' averaging profits

A look at the rules relating to the averaging profits of farmers

Consultations and discussion documents

A number of consultations and discussion documents have been issued

State pension top up

State pension top up is now available

Employment allowance

HMRC has clarified its position on avoidance schemes that exploit the Employment Allowance

Social investment tax relief

The social investment tax relief factsheet has been updated

New or changed in April

Prepare for changes scheduled from April onwards

Universal Credit

Universal Credit is being introduced in stages across the country and the guidance has once again been updated.

Budget 2015

You can find ACCA's guide to the Chancellor's 2015 Budget, together with a handy table of tax rates and allowances and our Budget Newsletter here.

HMRC sets out payroll penalties approach

Employers that have received an in-year late filing penalty for the period 6 October 2014 to 5 January 2015 and were three days late or less should appeal online.

New guidance for trustees of charities

The Charity Commission has issued guidance for trustees considering tax arrangements.

Tax penalty regime, mitigation, suspension and current developments

HMRC is examining its tax penalty regime. Learn how and have your say.

Finance Bill 2015

A summary of the key provisions included in the Finance Bill 2015 and measures that have an immediate effect.

Consultation: penalties

HMRC has issued HMRC Penalties: a Discussion Document which is open for comment until 11 May.

Charity tax

The Charity Commission has issued guidance for trustees considering tax arrangements.

What is FATCA?

FATCA (Foreign Account Tax Compliance Act) is an American provision enacted in March 2010 and aimed at foreign financial institutions. It is part of a larger piece of legislation: Hiring Incentives to Restore Employment Act, designed to ensure that American citizens are fully disclosing their worldwide income to the US Internal Revenue Service.

Ten common tax elections and claims

How to make claims under common tax elections.

Self-assessment tax return – HMRC useful links.

A list of most relevant HMRC links that includes:How to fill in your tax return, residence, remittance basis etc. notes,Capital gains summary notes, UK property notes, Additional information notes, and many more

Tax inquiry closure: HMRC consultation

HMRC consultation Tax enquiries: closure rules proposes a change from the current joint taxpayer/HMRC referral to first tier tribunal by allowing HMRC a right of sole referral.

Draft Finance Bill 2015 published

The government has published the draft 2015 Finance Bill.

National Insurance contributions and under 21 year-olds

From the 6 April 2015, for certain employees under the age of 21, an employer will no longer need to pay employer Class 1 secondary NICs for them.

Autumn statement highlights

A collection of snippets from the Autumn Statement.

IR35: HMRC withdraws business entity tests

HMRC is to withdraw the IR35 Business Entity Tests after the IR35 forum concludes that they are little used and not fulfilling their intended purpose.

Office of Tax Simplification report on the competitiveness of the UK’s tax administration

The OTS has published the final report on its review of the competitiveness of UK tax administration, making 50 recommendations for improvements.

Transfer of a going concern

HMRC has had a change of policy following the First Tier Tribunal (FTT) decision in Robinson Family Ltd [2012] UKFTT 360 (TC). The changes are three-fold and are discussed here policy change by policy change.

Construction Industry Scheme consultation

A Summer consultation is on the way which will consider ways to improve the CIS scheme.

Intermediaries and workers

Updates have been issued on when an intermediary must treat a worker they provide to a UK-based client as an employee for Income Tax and National Insurance purposes.

RTI Penalties: HMRC at a glance guide

HMRC has produced a handy at-a-glance guide to RTI penalties.