UPDATE: On 20 November, HMRC confirmed that they will accept a virtual Christmas party as an event which is capable of falling within the rules for annual functions. HMRC have supplied us with the following statement:
The Association of Taxation Technicians (ATT) warmly welcomes today’s announcement that the temporary increase in the Annual Investment Allowance (AIA) will be extended for a further year to 31 December 2021.1 ATT encourages HMRC to
Tax professionals welcome the Government’s publication today of a consultation on Making Tax Digital (MTD) for Corporation Tax – especially the confirmation that it is not compulsory for companies until at least 2026.1
The Association of Taxation Technicians (ATT) welcomes the latest policy paper1 published (today) by the Office of Tax Simplification (OTS) as part of its ongoing review into capital gains tax (CGT). But the ATT has concerns about the
Businesses considering the purchase of capital equipment need to think quickly or risk missing out on significant amounts of tax relief over the next few years, the Association of Taxation Technicians (ATT) is warning.
This is a live blog of proceedings of the House of Lords Economic Affairs Committee’s Finance Bill Sub-Committee on Wednesday 21 October 2020, in which representatives of the ATT, the CIOT's Low Incomes Tax Reform Group (LITRG) and the
This week, HMRC has written to over 200k VAT registered businesses in Great Britain that currently have trade with the European Union, providing information about what steps must be taken and additional guidance for the new rules from 1 January