New ways to register for taxes online
HMRC have launched an online tax registration service to allow registration for all the main business taxes (Self Assessment, Corporation Tax, PAYE for Employers and VAT) in a single website visit. The service can be used by new businesses as well as existing ones who need to register for an additional business tax. The service is accessed through ‘My New Business' on Businesslink.gov and the HMRC website . One of the benefits is that a business using the service is automatically enrolled for the associated online service and an Activation Code is issued by the Government Gateway for each online service registered for. To assist them with their tax registration a business can set up a ‘delegate’ who can review, add or amend the data prior to the business submitting the registration. An agent or adviser can also use the service to register a client for the appropriate taxes and information can be entered, saved and returned to later for completion. The agent cannot enrol the client for the associated online services. If an agent registers a client for any business tax the client will have to enrol for the associated online service themselves. The new service reduces the time taken to register a new business and also the need to provide the same information more than once. The online form automatically validates the information and highlights errors or omissions. In addition, Companies House and HMRC have also introduced a joint registration facility within the Companies House Web Incorporation service. This means incorporation and the registration of the company for Corporation Tax can be completed as a single process.
Register for HMRC taxes at: Online tax registration service
Register a client’s business for HMRC taxes at: How to register your client's business with HMRC
Learn more about the joint registration for companies at: Companies House
Learn more about using the Government Gateway service at: Government Gateway
BUSINESS TAX DASHBOARD
3 May 2012
HMRC have introduced a Business Tax Dashboard which is an online service aimed at SMEs. It brings together information from other HMRC online services and enables businesses to see their overall tax position including payments made and amounts outstanding.
You must have enrolled to use either HMRC's Corporation Tax or Self Assessment online service before you can set up a dashboard.
You can see the overall position for each tax as well as more detailed information, such as any:
tax you owe repayments HMRC owes to you payments you have made interest on any late payments penalties you have incurred direct debit payment plans
CIPP Policy News Journal
12/04/2013, Page 95 of 362
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