Any agent is welcome to join the Working Together online meetings. Some agents in the regional groups (London, South West, South East, East and East Midlands, West Midlands, North West, North East, Wales, Scotland and Northern Ireland) will represent one of the main representative bodies, or other agent organisations. Agents who attend the online meetings are asked, where appropriate, to bring discussion items from their colleagues with them, and feed back to them after each meeting.
The regional groups also discuss HMRC operational issues with the relevant Subject Matter Experts - resolving them where possible.
There will be a minimum of 10 online meetings a year hosted by the regional groups. All meetings have formal agendas and regular feedback is provided to group members on issues raised.
Working Together digital meeting - South West Region Friday 8 April 13:00 – 14:00
The first half of the meeting will be an interactive session where you will have the opportunity to talk with a subject matter expert from HMRC. This will be followed by a discussion on the current status of some open issues, which HMRC will track each month through the Agent Digest.
13:00 – 13:30 Subject: Non-UK domiciles reform – Subject matter expert presentation. An opportunity to find out about the proposed tax rule changes for non-domicile individuals.
13:30 – 14:00 Issues: Agent Digest led by the South West Region.
The Working Together digital meeting will be run via the CITRIX platform that was used for previous meetings, so some of you will already be familiar with how to ask a question but, for any newcomers, the organiser will run through how to do this on the day.
To register for this session please click here Working Together 8 April 2016 .
There will be a chance to ask questions during the session, but if you have any questions for the subject matter expert prior to the meeting, please send them to: team.agentengagement@hmrc.gsi.gov.uk .
Further details about Working Together are available on GOV.UK .
HMRC working with tax agents 5 April 2016
Making Tax Digital (MTD) is at the heart of HMRC’S plans to transform the tax system, delivering a real time system that is more effective, more efficient and easier for taxpayers and agents.
HMRC's Agent Strategy, Stakeholder and Engagement Team blog about their work with Tax Agents and have provided an informative piece on Making Tax Digital (MTD) :
The introduction of digital tax accounts will enable agents, where their client has given them permission to do so, to view and manage their clients’ tax affairs in one place.
Over 90% of agents can and want to use digital services and 95% already file online. And the majority of clients already provide their tax information digitally, with 99% of VAT returns, 98% of Corporation Tax and 86% of Self Assessment done online. The new digital accounts will enable agents to provide their clients with more certainty over their tax bill and access to an in-year picture of their tax position. MTD does not mean four tax returns a year. The new digital accounts will integrate all the different information individuals and businesses already provide to HMRC into a simple, streamlined system; and once a quarter businesses and agents can check and submit the information they have been collecting digitally to HMRC. This will remove the requirement to collate and prepare the onerous annual tax return. No additional records are needed for MTD either. The increased digitalisation will improve the quality of records, and reduce errors – meaning fewer of your clients facing the shock of a bigger tax bill than they expected at the end of the year.
Earlier this month we published a video on YouTube explaining how tax is being digitally transformed for businesses, and how MTD will make life easier for business.
For many clients using an agent is a considered choice and the introduction of MTD is not intended to change the professional relationship that exists between clients and their advisors. Many businesses will continue to choose to pay an agent to manage their tax affairs, enabling them to focus on their businesses.
CIPP Policy News Journal
25/04/2016, Page 445 of 453
Made with FlippingBook - Online magazine maker