HMRC Agent update
HMRC have released the latest bi-monthly issue of the ‘Agent Update’ publication which includes summaries of recent changes and updates that they have announced. The document which is aimed at taxation and accountancy practitioners includes links to more detailed information on each of the topics covered.
The topics covered in the latest edition include the following:
- New statement of practice – business by telephone
- Delays in turnaround times for paper 64-8 authorisation forms
- Charities – ‘fit and proper person test’
- Corporation tax guidance relating to online filing
- New anti-money laundering guidance
- PAYE late payment penalties
- New interim rules on pensions and inheritance tax
- Paper self-assessment deadline
- VAT – charitable buildings
- VAT repayments – new web page
- New pilot scheme between HMRC and Department of Work and Pensions
- HMRC appoints private sector debt agencies
- Changes to the national minimum wage from October 2010