Covering a broad range of issues in her address to the Association of Taxation Technicians’ (ATT) AGM on July 8th, President Natalie Miller laid particular emphasis on the increase in student numbers, now standing at 5,529.

The Association of Taxation Taxations (“ATT”) has criticised the Government’s plans to scrap the rule allowing those owning more than one property to choose which property counts as their main residence.

The Association of Taxation Technicians (“ATT”) is warning trustees and their advisers that changes to inheritance tax (IHT) for trusts currently being consulted on by HMRC will, if implemented, be enforced retroactively, from 6 June 2014, the

Agent Update 42, June – July 2014, has been published. This is available to download here in PDF format.

HMRC have provided an update on the 2013/14 penalty warning letter, EOY iForm, the employer bulletin and IR35.

HMRC have provided an update on closing a PAYE scheme, draft guidance on promoters of tax avoidance schemes and a reminder to pay PAYE/Class 1 NIC's.

HMRC have provided an Agents Strategy update.

HMRC have provided an update on issuing penalty notices, advisory fuel rates and the compliance handbook.

Clause 54 of the 2014 Finance Bill mandates that the current tax treatment (Capital Gains Tax relief)1 of the final 36 month period of ownership will only be available on disposals after 6 April 2014 if the taxpayer is disabled or in a care home

HMRC have provided an update on improvements on the Business Tax Dashboard, improvements to the Charities Online Dashboard and tax responsibilities.