With the deadline of 5 March 2018 fast approaching, many members will be busy completing registrations with the Trust Registration Service (TRS). HMRC are expecting that around 170,000 trusts will need to register with the TRS by this date.
The Association of Taxation Technicians (ATT) welcomes the release today of a consultation on simplifying employment status and highlights the many complications when it comes to tax reforms in this area.
As you will be aware, the Making Tax Digital (MTD) proposals change the way VAT registered businesses maintain their records and create and submit VAT Returns. More information can be found elsewhere on the Making Tax Digital pages of our website