General

New digital services for the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS)

Welcome,

As you may have read in Agent Update 61, our new digital service – ‘Apply to use the Venture Capital Schemes’ – is now available and is being tested with selected volunteers. Currently this can only be used to obtain an advance assurance for a proposed investment under the EIS, SEIS or from a Venture Capital Trust; however, we intend to add the process for companies to submit a Compliance Statement (forms EIS1 and SEIS1) later this year.

Printed SA tax calculations

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.

Appealing a decision through HM Courts and Tribunals Service (HMCTS) - Tax Agent blog

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.