HMRC’s Agent Update 73 is available now and contains a variety of articles and updates.
It features an update on Making Tax Digital, including information on VAT certificates and Anti Money Laundering requirements.
Other highlights include articles about:
- Temporary Increase in the Annual Investment Allowance: Detail on the temporary increase in the allowance until 1 January 2021
- National Insurance Contributions on Termination Awards and Sporting Testimonial Payments: Introduction of Class 1A NICs liabilities from 6 April 2020
- Corporate Interest Restrictions: The guidance on Corporate Interest Restrictions has been uploaded into the Corporate Finance Manual.