HMRC’s Agent Update, issued on 17 November 2022, includes the following content:
Tax
- Plastic Packaging Tax — check if your clients need to register
- preparing for the new tax year basis — Income Tax Self Assessment
- working through an umbrella company guidance
- paying voluntary Class 2 National Insurance contributions (NICs) in deferred 2020 to 2021 tax returns
- completing Self Assessment for student and postgraduate loan borrowers
- the venture capital schemes — new online service for advance assurance applications for the Enterprise Investment Scheme (EIS), Venture Capital Trusts (VCTs) and Seed Enterprise Investment Scheme (SEIS)
- reporting rules for digital platforms — draft regulations
- Alcohol Duty reform — views sought on proposed legislation by 18 November 2022
- P87 forms — information requirements
- Real Time Information (RTI) — reporting advances of salary
- update on UK implementation of global tax reform
Making Tax Digital
- Making Tax Digital for VAT — make sure your clients are signed up
- VAT registration service
- changes to the agent services account content — removing references to ‘Making Tax Digital’ for VAT
- agent services account — manage access groups
- if your clients have outstanding deferred VAT
- get ready for new VAT late submission penalties
HMRC agent services
- HMRC is now using card readers to take payments
- stopping paper Bacs repayment notifications for Self Assessment and Corporation Tax
- VAT overseas refunds for non-UK businesses — electronic submission of claims
- VAT First Period Repayment Claims: new digital G-form
- business advisers: help your employer clients stay on top of their workplace pensions duties
- the Administrative Burden Advisory Board (ABAB) — Tell ABAB report
- Income Record Viewer — a new service for agents
- the Trust Registration Service — additional questions for taxable trusts
- support for new paper VAT registration applications
- tax agent toolkits
- contact
- manuals
- publications
Agent forum and engagement
Latest updates from the partnership between HMRC and the main agent representative bodies, including:
- Agent Forum update
- contact information for professional and representative bodies
Technical updates and Reminders
https://www.gov.uk/government/publications/agent-update-issue-102/issue-102-of-agent-update#tax-1