Trust tax returns filed online
HMRC have issued a number of updates which are relevant to those submitting Trust returns.
1 – HMRC state that they will no longer send letters to agents to confirm that a paper return has been processed. This used to happen where a taxpayer self-calculated their liability and HMRC had not revised the calculation at the time. The letter used to include the phrase ‘your client’s trust tax return for the year 2007-2008 has been processed without any revision‘. This move brings HMRC Trusts in line with almost all the other departments within HMRC which have ceased sending letters of acknowledgment.
2 – It appears that where an online return includes text related to boxes 13.19, 14.15 or 5.20 of the return the online submission of the form may be rejected. HMRC ask that agents affected by this system glitch should submit a paper return. The deadline for filing affected returns will be extended from 31 October to 31 January. Agents submitting paper returns after 31 October should note this fact on the face of the return to avoid a penalty being issued.
3 – HMRC are having problems with some information not coming through on trusts returns filed online. This mainly concerns section 9 of the return and the details on the supplementary capital gains and foreign pages. There is no need to contact HMRC if you have already submitted a return as they expect all submitted information will be available once the problems are fixed.