Following the abolition of special tax treatment for furnished holiday lets (FHL) with effect from 5 April 2025, ICAEW’s Tax Faculty explains what you need to keep in mind when preparing the self assessment tax return for tax year 2025/26.

Only company car, van, fuel and medical benefits in kind (BIK) will be subject to mandatory payrolling from April 2027, with most other benefits not coming within scope until April 2028.

Last year CEO pay rose 20 times faster than workers’ pay, according to new research from Oxfam and the International Trade Union Confederation. At the most extreme end of that pay scale, investors approved an executive package for Elon Musk worth a potential $1tn.

The government’s proposals for close companies to report transactions with participators to HMRC will increase the administrative burden on compliant businesses while doing little to close the tax gap, says ICAEW.

Scope 3 emissions can be very difficult for financial services firms to calculate, given they supply services to businesses across all sizes and sectors. ICAEW has published a series of case studies to help.

ICAEW is urging members to share their experiences of the regulatory burdens facing small and medium-sized businesses in the UK, as it works with government to improve legislation and support growth.

Do boards need to shelve box ticking in favour of boosting profits? ICAEW’s inaugural Boardroom Debate will explore this topical issue.

With increased automation enabled by AI, there’s growing uncertainty around what accountancy and audit work, career trajectories and job security will look like in the future. Junior accountants share their views on the technology and their career prospects.

Small companies and micro entities will have to file a profit and loss account with Companies House from April 2028 but won’t be forced to publish their data publicly. Meanwhile all companies will have to file their annual accounts using commercial software.

HMRC is stepping up its compliance activities when it comes to VAT. In this episode, we explain what businesses can do to prepare for a VAT enquiry and we explore how HMRC and the government could better support businesses in meeting their VAT obligations.