In its response to HMRC’s consultation proposals on penalties for late payment of tax, the Association of Taxation Technicians (ATT) has suggested a simpler and more understandable alternative to the HMRC proposal of a new 2.5 per cent tax-geared
The Association of Taxation Technicians (ATT) welcomes HMRC’s proposed simplification for PAYE Settlement Agreements (PSAs). PSAs simplify the taxation of some benefits-in-kind for employers, and allow employees to receive those benefits free of
Land and Buildings Transaction Tax (LBTT), the Scottish equivalent of Stamp Duty Land Tax (SDLT), has applied to purchases of residential and commercial property and leases of non-residential property in Scotland since 1 April 2015.
HMRC has recently (13 February) provided us with an update on their project to digitise the VAT RES system, to improve the efficiency for both retailers and travellers, and also to help reduce fraud.
