HMRC refreshes its agent toolkits catalogue 8 July 2020
HMRC has published 19 agent toolkits that are available for tax agents and advisers to download and use, which highlight the most frequent errors made during the completion of certain tasks in previous tax years.
Each guide includes a checklist of the key areas for consideration, alongside links to the relevant HMRC technical guidance and manuals. It is hoped that, by establishing what the most common errors are, this could encourage a conversation between tax agent or adviser and their clients to ensure that submissions are correct.
The toolkits available assist with the completion of:
2019 – 2020 Company Tax Returns
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• 2019 to 2020 Self Assessment Tax Returns, including Capital Gains Tax toolkits • 2019 to 2020 National Insurance Contributions and Statutory Payments, employers’ end of year forms and 2020 to 2021 record keeping • 2019 to 2020 Property Rental Income • 2020 VAT toolkits
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Updates to how to use HMRC Online Services for reporting PAYE and CIS 8 July 2020
HMRC has updated its guidance page on how to register and use the PAYE for Agents online service through which to report clients’ PAYE for employers, and Construction Industry Scheme (CIS) information.
The ‘How to get an agent code’ instructions have been updated to confirm that customers must have an agent code to set up agent authorisation. To obtain a code, they must register as an agent for PAYE.
Applications should only be made for an agent code where businesses operate as accountancy service providers, and are registered with a supervisory authority for anti-money laundering purposes, or if they have applied to HMRC for supervision.
Anyone wishing to register as an agent for PAYE can do so here.
The reference will also be required in order to set up CIS client authorisations.
For anyone who does not have a Government Gateway user ID, they will need to create a Government Gateway user ID and password and add the service to their account.
Anyone who does have a Government Gateway user ID can add PAYE for Agents to their services by:
1. Signing in using their Government Gateway user ID and password 2. Accessing ‘Your HMRC services’ 3. Adding ‘PAYE for Agents’ to their portfolio from the ‘Services you can add’ section
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HMRC publishes its ‘Measuring Tax Gaps: 2020 edition’ report 10 July 2020
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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