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CIOT President's page: A year for progress
HMRC has an anniversary this year as it is 20 years since it came into existence, having previously been two very different departments – the Inland Revenue and Customs & Excise.
Technical newsdesk: February 2025
HM Treasury’s Spending Review representation portal is now open for submissions (www.smartsurvey.co.uk/s/SpendingReview25).
CEO's welcome: A busy year ahead!
Dealing with last minute tax returns in January is always challenging and often takes priority over other areas of work.
ATT Welcome: A welcome sigh of relief
Before I retired, most of my clients were companies and charities so, apart from a couple of large religious charitable trusts, the only income tax return I have dealt with in recent years is my ow
VAT: Annual accounting and VAT exempt income
The forum’s purpose is ‘to exchange views between HMRC and representative organisations relating to the procedures and operations of VAT, and to consider and discuss VAT issues arising from member
Finance Bill 2024: Committee of the whole House debate
The clauses selected for debate by the Committee of the whole House related to capital gains tax (CGT) rates and reliefs, oil and gas taxation, VAT on private school fees rates and rates of stamp d
ATT Welcome: Christmas special
While we buy our Christmas pudding from Betty’s (a Yorkshire institution) and so no longer follow the Victorian tradition of Stir-up Sunday, like most families the Batty household has its own Chris
That’s of interest (VAT)
Late payment interest is charged on underpaid taxes in order to represent ‘commercial restitution’; that is to compensate the Exchequer for the loss of the use of monies during the period the tax h
