Simple assessment and real-time reporting for capital gains tax (CGT) are two ways for HMRC and taxpayers to sidestep self assessment for income and gains.
HMRC sent out a record number of simple assessments for 2023/24. We explain what they are and explore some of the problem areas. We also explain how the often overlooked real-time reporting for CGT works and look at current issues with CGT reporting more generally.

Paying tax outside self assessment

With so many new technological solutions, it is easy to be overwhelmed on where to start to upgrade the skills gap in your workforce, but starting small and avoiding the hype is still a start.

How to grow: digitally upskilling your workforce

In this episode, we discuss the government’s new Industrial Strategy and, in particular, its sector plan for professional and business services with Iain Wright, ICAEW Chief Policy and Communications Officer. Iain is Chair of the Professional and Business Services Council, which has worked closely with government in devising the final plans.

Inside the Industrial Strategy and navigating VAT reform

In this episode of Behind the Numbers, we discuss the hits and misses of the Labour government’s first year in power.

Appraising Starmer’s Labour

In this episode, we discuss the findings of the Post Office Horizon IT Inquiry’s first report, including lessons for other companies around culture and values. We also explore ICAEW’s latest research into mid-tier practices, covering the key drivers of growth and the biggest challenges ahead.

Inside the Post Office Inquiry and new mid-tier research

In this episode of the ICAEW Student Insights podcast, host Jag Dhaliwal explores how ACA students can ensure they can make a great impression in the workplace, as well as working towards their longer-term career goals.

What managers want

In this episode of The Tax Track we look at the challenges HMRC faces, from improving its services to taxpayers and agents to closing the tax gap; its plans for new and improved digital services; and the possible implications of the proposed changes for agents in particular as MTD and agent registration begin to take effect.

Challenging times for HMRC and agents

ICAEW’s Iain Wright hosts a conversation with Emma Jones CBE, the government’s newly appointed Small Business Commissioner, in this special episode of Accountancy Insights.

Bonus episode: how to tackle late payments

In this episode of Behind the Numbers, we explore what the history of money can tell us about its future.

Can history teach us anything about digital money?

Whether it’s performance or policy, there’s rarely an episode of The Tax Track that doesn’t mention HMRC. In this special episode we talk to one of the senior leaders at HMRC, Jonathan Athow, Director General for Customer Strategy and Tax Design.

The government’s stated priorities for HMRC are to modernise and reform the tax system, improve customer service and close the tax gap; Athow explains how HMRC intends to deliver on those priorities, and crucially, what this means for ICAEW members.

The inside track from HMRC

ICAEW is a professional membership organisation that provides insight and leadership to the global accountancy and finance profession.

The inside track from HMRC

ICAEW

Related tracks