UPDATE: On 20 November, HMRC confirmed that they will accept a virtual Christmas party as an event which is capable of falling within the rules for annual functions. HMRC have supplied us with the following statement:

The Association of Taxation Technicians (ATT) warmly welcomes today’s announcement that the temporary increase in the Annual Investment Allowance (AIA) will be extended for a further year to 31 December 2021.1  ATT encourages HMRC to

Tax professionals welcome the Government’s publication today of a consultation on Making Tax Digital (MTD) for Corporation Tax – especially the confirmation that it is not compulsory for companies until at least 2026.1

The Association of Taxation Technicians (ATT) welcomes the latest policy paper1 published (today) by the Office of Tax Simplification (OTS) as part of its ongoing review into capital gains tax (CGT). But the ATT has concerns about the