Goodbye and thank you from Colin Ford. After more than 35 years at HMRC I am retiring. As this is my last Tax Agent blog, I would like to take the opportunity to say thank you for all your input and support, without which the fantastic relationship between agents and HMRC would not be the success it is today.
I know I have talked about the Tax agents’ toolkits, but have you looked at what they offer?
HMRC have 20 Tax agents’ toolkits available for you to download and use. They are a free online resource aimed at helping you to avoid the most common errors we see in filed returns.
Agents have told us that not all their client’s lenders will accept the self-serve copy printed from their HMRC online account or the commercial software used to file the SA return, or their commercial software does not print. A list of lenders who will accept self-serve copies can be found in the HMRC’s guidance, Mortgage providers and lenders who accept a SA302 tax calculation and a tax year overview.
In July 2017, the Supreme Court released a unanimous verdict on the Rangers football case. The decision makes it clear where a sum is established as being your employment earnings; you cannot avoid tax by diverting or paying them to someone else.
Agent Update 61 is now available. Highlights include articles about; Inheritance Tax online, International Tax Compliance (Client Notification) Regulations – Deadline of 31 August 2017, Automatic enrolment and staying safe online.
You may wish to advise your clients that certain appeals to the tax tribunal can now be made using the new online Tax Appeal service.
The new HMCTS Tax Appeal Online service allows you to submit your appeal online. You can appeal against certain decisions made by us about tax affairs and any penalties incurred.
Thank you for your continuing support regarding errors in HMRC’s Self Assessment tax calculator 2016/17. Changes to address these errors are planned for October 2017 and the exact date will be confirmed as soon as it is known.
As agents you sometimes have to support families and customers navigate the important financial actions that need to be taken in the event of a bereavement. This blog talks you through some of the support that’s available. The Tell Us …
Welcome to my regular Tax Agent blog. This week we have an article about Community Interest Companies (CICs) and a live CICs Talking Points meeting on Tuesday 18 July 2017, 11am to midday.
Following some very high-profile ransomware attacks, I thought I would share some advice from our Cyber security team about the steps businesses can take to protect themselves.