The Association of Taxation Technicians (ATT) is concerned that a decision by HMRC to delay issuing penalty notices for late filing of tax returns means that taxpayers will be left unaware that they may become liable to significant extra
Responding to this afternoon’s government statement on Making Tax Digital (MTD), Adrian Rudd, Chair of the joint CIOT/ATT Digitalisation and Agent Strategy Working Group, said:
HMRC have asked us to draw attention to their following notice about forthcoming Talking Points meetings.
We continue to receive reports of phishing scams in which criminals pretend to be HMRC, and are reminding taxpayers and their agents to remain vigilant.
This session focused mainly on MTD for VAT, looking at recent developments and getting ready for mandation, including:
The ATT is concerned that changes designed to limit the amount of losses which the largest companies can set against capital gains will create additional obligations for all companies.