If you earn less than £11,500 and your spouse or civil partner earns more than £11,500 but less than £45,000,1 then you can show them you care by making them a gift of some of your personal allowance – it could save the higher earner up to £230 for the 2017/18 tax year.

As part of its response to Good Work: The Taylor Review of Modern Working Practices the Government has today published a consultation on employment status.1 The consultation seeks views on how to make the employment status rules for both employment rights and tax clearer

Anti-money laundering regulations introduced in June 2017 require trusts liable to certain taxes1 to report details of their key individuals to HMRC.

In October 2017, in partnership with Tolley Exam Training, the ATT launched two standalone Foundation Qualifications in Personal Taxation and Business Taxation to sit alongside the Foundation in VAT Compliance (previously known as the ATT VAT Compliance Diploma).

At present, gifts given in the seven years before you die are taken into account when calculating the IHT on your estate. Substantial gifts made three to seven years before your death can benefit from a tax reducer known as ‘taper relief’.

Under MTD, businesses above the VAT threshold will be required to keep their records digitally and provide HMRC with quarterly VAT updates from the beginning of their first VAT quarter starting on or after 1 April 2019.1

Making a Time to Pay arrangement via HMRC’s Business Payment Support Service (BPSS) could help those struggling to meet their tax bills to avoid late payment penalties.

At the Autumn Budget 2017, it was announced that, from April 2018, there will be no benefit in kind charge on electricity that employers provide to charge employees’ own electric vehicles.1 However, this exemption was not included in the Finance Bill published in December 2017 which is

The Committee outlined its concerns for customer service, in its report on HMRC’s Performance 2016/17. Yvette Nunn, Co-chair of ATT’s Technical Steering Group, said:

New legislation prevents individuals lowering their tax liability by converting what might otherwise be received as a dividend into a capital payment by winding up their company.1