New rules about tax relief on expenditure by landlords when replacing furniture and other domestic items, will need to be supported by detailed guidance from HMRC to avoid confusion, according to the Association of Taxation Technicians (ATT).
An HMRC proposal to prevent company owners from converting income into capital has the potential to create unproductive work for HMRC and taxpayers unless it includes a clearance provision. This is the key conclusion in a response1 by the
Lovers planning to pop the question on Valentine’s Day are being warned that, if their partner is a home owner, it could lead to them facing a higher tax bill if they buy a property, even one in their sole name,
Following an unannounced change to the log-in process to HMRC’s digital services last weekend, the Association of Taxation Technicians (ATT) urges HMRC to uphold its maxim that “Customers are at the heart of everything HMRC does”.
The Association of Taxation Technicians (ATT) has welcomed the publication yesterday of draft legislation1 changing how residential landlords obtain tax relief on expenditure on replacement furnishings.
The Association of Taxation Technicians (ATT) welcomes the Autumn Statement announcement1 that the Government will consult on how to expand Corporation Tax deductions for contributions made by limited companies to grassroots sport. The
The Association of Taxation Technicians (ATT) has warned that proposals to bring forward the due date of payment for capital gains tax (CGT) must not mean that taxpayers lose out on claiming relief for capital losses.