Draft regulations have been laid, taking effect from 10 January 2020, to implement the Customer Due Diligence aspects of 5MLD. Early in 2020 HMRC will consult on the technical detail of regulations to implement the TRS aspects.
Leading tax organisations are asking for feedback from tax professionals and businesses about their experience of Making Tax Digital (MTD) for VAT, as well as thoughts on the future of the MTD programme. The CIOT and ATT are keen to gather
The ATT is highlighting to employers that HMRC have issued details of a special arrangement for reporting the Christmas payroll.1 This easement aims to help universal credit claimants where their employer pays them earlier than usual