ICAS tax governance
The Tax Board reports to the ICAS Policy Leadership Board, which reports directly to the ICAS Oversight Board and to the ICAS Council.
Tax Board objectives
Public trust and Influence future policy
ICAS Tax will seek to deploy a public voice which offers independent, timely, insightful and practical guidance on taxation and related matters of interest to the public, tax professionals, government, regulatory and other stakeholders.
A profession fit for the future
ICAS Tax will seek to be relevant to ICAS members’ interests throughout their training and subsequent careers and in all of the main locations in which ICAS members serve the sector, by issuing guidance and keeping members informed of relevant developments.
Hand in hand with practice
ICAS Tax will continue to be connected with ICAS members involved with tax through a variety of ICAS communication channels which will engage members and keep them informed about tax and related matters, which will help ensure that our members deliver a high standard of service to their clients, employers and others.
Uphold standards
ICAS Tax will continue to work with the Ethics Board and with other ICAS departments in ensuring that ICAS members are aware of any specific Rules or ethical requirements including the Professional Conduct in Relation to Taxation guidance.
ICAS Tax will continue to build trust by contributing to cross profession discussion about regulation of the tax profession; informing current debates on avoidance; promoting PCRT.
Tax Board meetings
The Tax Board meets three times a year.
Tax Board composition
The Tax Board has 5 Committees:
- Indirect Tax
- International and Large Business Taxes
- Private Client
- Devolved Taxes
- Owner Managed Business Taxes
The Tax Board also has one working group:
- Employment Tax Working Group
You can find full details of the Tax committees and the working group below.
The ICAS Tax Team
Meet the team responsible for the delivery of tax support and representation to members, and policy work and liaison with the tax authorities:
Devolved Taxes Committee
Remit
- To be a focus for ICAS’ contribution, on tax technical issues, in relation to all taxes and tax issues that arise in the UK’s devolved jurisdictions.
- From the perspective of any independence or further devolution debates, consider areas where ICAS could meets its education role and public interest duty by contributions on tax and tax related matters.
- To co-ordinate with the ICAS Tax Board and its other Committees, the preparation of submissions on devolved tax issues and proposals.
Meetings:
The Devolved Taxes Committee meets three times a year.
International and Large Business Taxes Committee
Remit
- To be a focus for ICAS’ contribution on tax technical and tax reporting issues that affect international and large businesses and putting forward business views on these issues to HMRC, HMT and the OTS.
- To consider areas where ICAS could make a contribution on practical matters relating to tax that affect international and large businesses, such as complexity and uncertainty in the system, tax reporting and large business relationships with HMRC.
- To co-ordinate with the ICAS Tax Board and its other Committees on the preparation of submissions on tax issues affecting large and multinational businesses
Meetings
The International and Large Business Taxes Committee meets three times a year. Ad hoc conference calls to discuss specific projects may also take place.
Private Client Committee
Remit
- To be a focus for ICAS’ contribution on tax technical issues that affect private clients and put forward issues to HMRC, HMT and the OTS.
- To consider areas where ICAS could make a contribution on practical matters relating to tax that affect private clients.
- To co-ordinate with the ICAS Tax Board and its other Committees on the preparation of submissions on tax issues affecting private clients.
Meetings
The Private Client Committee meets three times a year. Ad hoc conference calls to discuss specific projects may also take place.
Owner Managed Business Taxes Committee
Remit
- To be a focus for ICAS’ contribution on tax technical issues that affect small and medium owner managed business and put forward these issues to HMRC, HMT and the OTS.
- To be a focus for ICAS’ contribution on practical matters relating to tax and that affect small and medium owner managed businesses, such as ‘better regulation’, complexity in the system and dealings with HMRC with a view to making it easier and more effective to run such businesses.
- To co-ordinate with the ICAS Tax Board and its other Committees, regarding the preparation of submissions on small and medium owner managed business tax issues.
Meetings
The Owner Managed Business Taxes Committee meets three times a year.
Indirect Taxes Committee
Remit:
- To be a focus for ICAS’ contribution on tax technical and tax reporting issues that affect indirect taxes and putting forward views on these issues to HMRC, HMT and the OTS.
- To consider areas where ICAS could make a contribution on practical matters relating to tax that affect indirect taxes.
- To co-ordinate with the ICAS Tax Board and its other Committees on the preparation of submissions on indirect tax issues.
MeetingsL
The Indirect Taxes Committee meets three times a year. Ad hoc conference calls to discuss specific projects may also take place.
Employment Tax Working Group
Remit
- To be a focus for ICAS’ contribution on tax technical and reporting issues that affect employment and putting forward views on these issues to HMRC, HMT and the OTS.
- To consider areas where ICAS could meets its education role and public interest duty by making contributions on employment taxation and related matters.
- To co-ordinate with the ICAS Tax Board and its other Committees, the preparation of submissions and responses to calls for evidence and consultations on employment taxation issues and proposals.
Employment taxation covers a range of areas, including (but not limited) to:
- Income Tax (PAYE) and National Insurance Contributions;
- Payroll, Real Time Information, National Living/Minimum Wage;
- Remuneration planning for employees and directors (including Optional Remuneration, Expenses, Benefits in Kind and Share-related benefits)
- Construction Industry Scheme (CIS);
- Employment status and the "Gig economy/Sharing economy";
- The interaction with employment law and HR matters.
Meetings
The ETWG currently meets twice a year.
