As a Scottish taxpayer, students would be liable to pay the Scottish rate of Income Tax on their earned income from 6 April 2016. Paul Hill, Chairman of the ATT’s Technical Steering Group, commented:

The Forum’s objective is to enable business representatives and tax authorities to work together to create conditions for a smoother functioning of the VAT system in the EU, reducing costs and administrative burden on both sides.

However there is concern that other promised safeguards do not appear on the face of the Finance Bill published today, making it harder to be confident that they will be enforced.

Michael Steed, a tax consultant, trainer and writer, will make the remarks in his inaugural speech as he takes office as President at this afternoon’s annual general meeting of the ATT. In his speech to the ATT AGM Michael Steed will say:

Natalie Miller, ATT President, said:   “This change breaches the previous principle of consistency between the treatment of residential and commercial landlords for tax purposes.

The Employment Allowance was first introduced in 2014 and currently allows employers to reduce their Employer National Insurance bill by up to £2,000 a year1.

The AIA enables businesses1 to claim tax relief on the whole of their qualifying capital expenditure in the year of expenditure.

HMRC announced today that it has now issued the first in-year penalties notices to employers with fewer than 50 employees who missed the deadline for sending PAYE information to HMRC.

Trivial benefits provided by employers, would include, for example, small benefits for employees such as gifts at Christmas. The ATT called for a delay in the implementation of the exemption arguing that more time was needed to allow adequate guidance to be prepared and shared with employers.

In a joint statement in response to the Government’s paper, CIOT President Anne Fairpo and ATT President Natalie Miller said: