The Association of Taxation Technicians (ATT) has welcomed the Budget announcement1 that the Government will consult on how to expand Corporation Tax deductions for contributions made by limited companies to grassroots sport.
The Association of Taxation Technicians (ATT) has welcomed today’s Budget announcement that the Government will be introducing a ‘pay-as-you-go’ facility for self-employed people and landlords to pay their tax from 2018.
Further to our news item of 14 March we are now able to provide an update concerning employers and payroll operators, who were not able to see S-code information when downloading tax codes to third party software.
We understand that HMRC is currently working on revised draft regulations and guidance in relation to the proposed obligations on advisers to write to their clients in relation to sources of income or assets held outside the UK.
The Association of Taxation Technicians (ATT) has cautioned the Chancellor George Osborne against making changes to pensions in the Budget that would further complicate the regime and may risk alienating confused savers.
It has come to our attention that some Scottish taxpayers are incorrectly receiving tax codes for 2016/17 that do not contain the “S” prefix. Please let us know if 2016/17 tax codes that you receive for Scottish taxpayer clients are correct in