The Association of Taxation Technicians (ATT) welcomes the Chancellor’s move to increase the deadline for reporting capital gains tax on residential property disposals from 30 days to 60 days which complete from today (27 October 2021).1

In welcoming the Chancellor’s announcement of an extension of the temporary increase in the Annual Investment Allowance (AIA) to 31 March 2023,1 the Association of Taxation Technicians (ATT) has identified an opportunity to simplify

The Association of Taxation Technicians (ATT) is calling on HMRC to address problems in their plan to change how partners and sole traders calculate their taxable profits each year.

HMRC has shared details of new guidance published on 13 October 2021 relating to new tax checks for holders of specific licences in England and Wales. 

The Association of Taxation Technicians (ATT) is calling for the Chancellor to remove the tax barriers for employer-testing not just for COVID-19, but for any other highly infectious diseases.1

UPDATE - This article was updated on 19 October 2021 for further information from HMRC in respect of nudge letters. 

While the CJRS closed on 30 September 2021, HMRC’s compliance activity, started last year, continues.

The new Financial Secretary to the Treasury, Lucy Frazer MP, has responded to out letter regarding proposed reform of the basis period rules and their interaction with the introduction of Making Tax Digital for Income Tax Self-Assessment (‘MTD

Members may be interested in the following update from HMRC which was published on the Agent Forum on 23 September. 

The Association of Taxation Technicians (ATT) and Chartered Institute of Taxation (CIOT) welcome a delay to a major change in how self-employed businesses and landlords with annual business or property income above £10,000 keep their records and