This week’s UK tax tidbits, 20 January

Updated MTD for income tax software and guidance on VAT groups feature this week.

• Check the status of overseas corporate lenders who are passport holders for double tax relief on UK loan interest
• Search the updated HMRC list of professional bodies approved for tax relief
• Business promotions (VAT Notice 700/7) has been updated
• The list of software that’s compatible with Making Tax Digital for income tax has been updated
• Updated guidance on VAT groups has been published
• See changes to the VAT MOSS rate for other countries
• HMRC has published an off-payroll working factsheet for contractors covering the reforms to the off-payroll working (IR35) rules from April 2020
• Scotland is to go ahead with a Budget on 6 February