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The Tax Track

ICAEW
HMRC
Making Tax Digital
Inheritance Tax
HM Revenue & Customs
Capital Gains Tax
Corporation Tax
Simple Assessments
Tax Gap
Agent Registration
Income Tax
Self-Assessment
Real-Time CGT Reporting
Digital Transformation
Finance Bill 2025-26
Capital Allowances
Business Rates
Pensions
Finance Act 2026
Making Tax Digital For Income Tax
Uncertain Tax Treatments

In this podcast series from the Institute of Chartered Accountants in England and Wales, experts from the Tax Faculty discuss the biggest tax stories of the month, with advice for professionals in the sector to keep their knowledge and skills sharp.

PublishesMonthlyEpisodes29Founded2 years ago
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Artwork for The Tax Track

Latest Episodes

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 obliga... more

Finance Act 2026 introduces a package of measures designed to drive up standards in the tax advice market, including mandatory agent registration with HMRC. In this episode, we explain how the process will work and discuss the consequences for advise... more

YouTube

In recent months, the government has published guidance and announced policy changes that could significantly affect how tax returns are prepared and how HMRC enquiries are conducted. In this episode, we’ll explore the implications for taxpayers and ... more

YouTube

In a special episode of The Tax Track, recorded at ICAEW’s MTD Live event on 23 February 2026, we speak to HMRC and practitioners on how they are preparing for Making Tax Digital (MTD) for income tax, which is due to start from April 2026.    

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Recent Guests

Richard Jones
Senior Technical Manager in the Institute's Tax Faculty
ICAEW
Episode: Making sure a tax return is correct and complete
Annis Lampard
Partner at Deloitte
Deloitte
Episode: Making sure a tax return is correct and complete
Craig Ogilvie
HMRC's Director of MTD and Opening Speaker at MTD Live
HMRC
Episode: MTD Live: are you (and HMRC) ready for MTD?
Ed Saltmarsh
Technical Manager for VAT and Duties
ICAEW
Episode: Budget 25: Do the tax changes meet the tenets?
Rebecca Benneyworth
Sole practitioner, tax lecturer and ICAEW Tax Faculty board member
Independent practitioner / ICAEW Tax Faculty
Episode: The latest on MTD income tax
Lindsey Wicks
Senior Technical Manager for Tax Policy at ICAEW
ICAEW
Episode: Tax returns and Finance Bill concerns
Katherine Ford
Technical Manager for Personal Taxes at ICAEW
ICAEW
Episode: Tax returns and Finance Bill concerns
Jonathan Athow
Director General for Customer Strategy and Tax Design
HMRC
Episode: The inside track from HMRC
Caroline Miskin
Senior Technical Manager for Digital Taxation
ICAEW Tax Team
Episode: Paying tax outside self assessment

Host

Stephen Relf
Host of The Tax Track

Reviews

4.6 out of 5 stars from 18 ratings
  • I won’t play !

    I’ve just tried to play the podcast on my iPhone and I’m being told that the episode cannot be played - same for all the ICAEW podcasts.

    I would have expected the Institute to have got this right !

    Apple Podcasts
    1
    SydBarhey
    United Kingdom9 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Playback issues reported on ICAEW podcasts, suggesting technical or hosting platform problems.
Listener frustration around accessibility and reliability may affect sponsorship interest.
Overall sentiment is mixed, with appreciation for expert guests and timely topics but concerns about technical consistency.

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Talking Points

Recent interactions between the hosts and their guests.

The inside track from HMRC
Q: How will the tax gap be affected by digitalisation and better data?
Digital tools and data sharing, including open banking, are expected to reduce errors and improve pre-population, helping close the tax gap by reducing evasion-related opportunities and improving record-keeping, while not automatically eradicating evasion itself.
The inside track from HMRC
Q: How does HMRC plan to handle the transition for agents and intermediaries in Making Tax Digital?
HMRC aims to deliver parity of service for agents and clients, reduce complexity, and ensure agents have access to the same functionality as their clients from the start where possible, while recognizing some elements will roll out gradually and require ongoing adjustment.
The inside track from HMRC
Q: What are the headline targets for HMRC's digital interactions and how close are they to being met?
The target is to reach 90% digital interactions, up from about 76% currently, with ongoing progress and a recognition that this won't be a simple one-to-one swap between phone and app. The trajectory is gradual and supported by strong growth in the HMRC app.
Tax returns and Finance Bill concerns
Q: What are the core changes to inheritance tax that agents should be aware of, especially regarding APR and BPR?
APR and BPR face a one-million-pound cap with 100% relief up to that cap, and 50% relief for assets above it; transferability of nil-rate band is not maintained, and pensions and retirement assets require coordinated planning to manage IHT implications.
Tax returns and Finance Bill concerns
Q: Is the agent registration framework likely to be workable given the current drafting, and what are the main practical concerns for firms?
ICAEW acknowledges the policy objectives but highlights implementation risks, such as legacy codes, multiple systems, and the need for proportionate, enforceable controls that don't unduly burden compliant firms.

Audience Metrics

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Frequently Asked Questions About The Tax Track

What is The Tax Track about and what kind of topics does it cover?

Professional-focused conversations on tax policy, compliance, and digital reform, with episodes ranging from agent registration and MTD adoption to Finance Bill implications and budget scrutiny. The show frequently features ICAEW Tax Faculty experts, HMRC perspectives, and practitioner guests, delivering practical guidance for advisers, firms, and taxpayers navigating current and upcoming changes. A notable strength is its blend of policy critique, real-world impact, and step-by-step tips for compliance and client communication, making it valuable for listeners who must translate complex tax rules into actionable advice. A recurring edge is timely coverage of digital transformation efforts (MTD) and enforcement developments, paired with act... more

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1. Accountancy Insights
2. The Martin Lewis Podcast
3. The Rest Is Money
4. This is Money Podcast
5. The Property Podcast

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The Tax Track launched 2 years ago and published 29 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Tax Track?

Recent guests on The Tax Track include:

1. Richard Jones
2. Annis Lampard
3. Craig Ogilvie
4. Ed Saltmarsh
5. Rebecca Benneyworth
6. Lindsey Wicks
7. Katherine Ford
8. Jonathan Athow

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