Pension’s duties for new businesses – Tax agent blog
As of 1 October 2017, new businesses have automatic enrolment duties as soon as they employ someone for the first time.
As of 1 October 2017, new businesses have automatic enrolment duties as soon as they employ someone for the first time.
The in-year fix to the 2016-17 calculator has been successfully implemented to correct Exclusions 48 to 56 and 58 to 59, which cover the majority of cases. We have notified software developers. Thank you for your support.
The recent Government Cyber Security Breaches survey showed that though businesses are more aware than ever before, many need to prepare.
You can find information about Cyber Security at Cyber Aware. This is a cross government website, which provides information based on expert advice from the National Cyber Security Centre, part of the Government Communications Headquarters.
You can also find information about protecting your login details and reducing the risk of fraud when using HMRC Online Services, at HMRC's online security information for agents.
We have two meetings this week – one on the National Minimum Wage (NMW) and the other on the tax avoidance cycle. The NMW Talking Points meeting is on Thursday 21 September 2017, from 11am to midday. The tax avoidance cycle and how to get out of it, takes place on Friday 22 September 2017, at midday to 1pm.
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.
We have two Talking Points meeting subjects this week. Cyber Aware – Keeping Secure Online. Don’t miss your opportunity to learn about simple steps you can take to keep your business and your clients secure online. Join us on Monday 11 September 2017, midday to 1pm. We also have our Making Tax Digital for Business meeting which provides an overview of the basics of Making Tax Digital for Business, including the latest information about the new phased approach. We have two meetings on Thursday 14 September 2017 at either 1pm to 2pm or 2:30pm to 3:30pm. And two meetings on Friday 15 September 2017 at either 10:30am to 11:30am or 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.
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 regular blog about this week’s Talking Points meetings. Call handling on the Agents Dedicated Line (ADL) This meeting will provide an overview of ADL, including: the services it provides recent changes and the reasons for those changes …
Tomorrow, as part of our regular digital Talking Points meetings, we will be running a session on the Common Reporting Standard. Charities and the Common Reporting Standard: Wednesday 3 May - 1pm to 2pm Register now for this meeting This …