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  2. Area of Law
  3. ATT Press Releases

Rule change could mean people pay the wrong amount of tax

The rule change, announced1 at yesterday’s Autumn Statement, will save an estimated 338,000 people from having to file a tax return for the tax year starting in April 2024, and expands on a previous change2 exempting those earning less than £150,00
Read more

Cash basis changes a boost for some businesses, says ATT

The cash basis allows self-employed people to calculate their profits based on when income is received or payments made – i.e. on a cash in and out basis. This is a simpler approach than traditional accruals-based accounting.
Read more

Small businesses spared from digital tax proposals

The Chartered Institute of Taxation (CIOT) and Association of Taxation Technicians (ATT) welcomed the announcement in today’s Autumn Statement1 that, for now, Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) will only apply to sole traders and
Read more

Rushing ahead with R&D changes risks meltdown, ATT warns

In today’s Autumn Statement,1 the Chancellor confirmed that proposals to merge the two current research and development (R&D) tax relief schemes, one for small and medium sized entities (SME) and a separate R&D Expenditure Credit (RDEC) scheme used ma
Read more

ATT urges guidance on taxation of environmental schemes

The Government announced in today’s Autumn Statement1 that it would defer a response until Spring 2024 on implications around the Woodland Carbon Code, Peatland Carbon Code2, Biodiversity Net Gain (BNG)3 and nutrient neutrality4
Read more

Capital allowances changes leave small businesses in the cold

In today’s Autumn Statement,1 the Chancellor confirmed that the full expensing capital allowance of 100%, which was due to run until the end of March 2026, will now become a permanent fixture. 
Read more

More awards success for ATT's Technical Team

Following its success at the Tolley's Taxation Awards earlier this year, the ATT Technical Team is delighted to win the silver prize for Best Association Team at this year's Association Excellence Awards.
Read more

“Outdated” mileage rates leave workers out of pocket, warns ATT

Employees can be reimbursed for business travel tax-free - provided that their employer uses HMRC approved rates. For employees using their own car or van for business travel, these rates are 45p per mile for the first 10,000 miles, and 25p per mile thereafter.
Read more

Thousand face tax charge for flu jabs, warns ATT

Around 20 million Brits receive the jab each year, with many employers choosing to cover the cost for their employees.  However, exactly how the employer pays for a jab can change the tax treatment.
Read more

R&D changes go against simplification remit, warns ATT

Draft clauses for what is expected to become Finance Bill 2023-241 propose consolidating the two separate reliefs which make up the current R&D system into a single scheme.
Read more

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