News and Updates
We have three subjects for this week’s Talking Points meetings. On Monday 4 September 2017, we have Tax Codes and how they have changed at 1pm-2pm. Wednesday we have Changes to Inheritance Tax from 11am to midday. And Friday, 12:30pm – 1:30pm we have the new Trusts Registration Service.
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.
On Thursday 31 August 2017, midday to 1pm, we will hold a Talking Points meeting about the technical aspects of the Worldwide Disclosure Facility and Requirement to Correct.
We also have the Talking Points meeting, Option to Tax - The once and done approach. This meeting is a general overview of option to tax, when to notify, how to notify and who can notify and takes place on Friday 1 September 2017, midday to 1pm.
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.
Welcome to my blog about this week’s Talking Points meetings. Submission of SA Returns affected by Exclusions is on Wednesday 23 August 2017, midday to 1pm and the Construction Industry Scheme (CIS) Talking Points meeting on Thursday 24 August 2017- midday to 1pm.
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.
HMRC's Application Programming Interface (API), Talking Points meeting will cover; how HMRC are working with the software industry, delivery of the API Platform and the pipeline of APIs. So, come and join us on Friday 18 August 2017 midday to 1pm.
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.
Welcome to my latest Talking Points meeting blog.
This week we have:
• Submission of SA Returns affected by Exclusions on Monday 7 August 2017 - midday to 1pm
• Changes to Inheritance Tax on Thursday 10 August 2017 at midday to 1pm
• And, the new Trusts Registration Service Thursday 10 August 2017, 2pm to 3pm
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.