HMRC agent update
The latest edition of “Agent Update” has been published online by HMRC. This edition of the bi-monthly update from HMRC contains some important reminders for tax advisers and accountants.
The main topics covered in this update are as follows:
– Support for businesses in managing the downturn
– A link to the HMRC podcast on P45 and P46 forms
– Change to Capital allowances
– Capital Gains Tax – the degrouping charge
– A summary of the changes to compliance checks from April 2009
– Revised Corporation Tax indexation allowance
– New Corporation and Income tax Bills
– Customs & Excise updates
– Inheritance Tax – extension of clearance for business owners
– Money Laundering update
– Tribunals reform
– HMRC Banking
– VAT invoicing consultation