need to be shared. If you decided to participate, HMRC will use the UTR to connect you to the new HMRC service, and you should be able to submit as usual.
If everything works as expected, you should see no change to your existing process, but HMRC’s technical team will be able to monitor your session, to ensure that all their systems are working correctly.
In the event of the new system not working as planned, you will be re-directed to the existing system: in some cases this will mean you may need to re-submit a transaction, depending on the systems and processes involved, but your data will not be compromised. If you are interested in participating, please email nahid.khan@hmrc.gsi.gov.uk and also include your UTR. HMRC will then contact you with any additional details, including when testing will start. The whole process will take a month, and is scheduled to finish at the end of the month.
Back to Contents
HMRC Construction Industry Scheme (CIS) webinars 29 November 2017
HMRC is broadcasting two CIS related basic webinars in December; one for contractors on 4 December and one for subcontractors on 7 December.
If you are interested in joining the live webinars you can register through the links below:
CIS for contractors 4 December at 12:00 This webinar includes guidance on Registering, Verification and CIS Returns. Register online to join the live broadcast.
CIS for subcontractors 7 December at 16:00 This webinar provides guidance for subcontractors on Registering, Deduction Rates, and Repayment Claims including those for limited company subcontractors. Register online to join the live broadcast.
Each of the two webinars provide the opportunity to ask questions and receive answers during the live broadcast.
Back to Contents
Suppliers of CIS online 8 December 2017
The HMRC list of recognised suppliers that provide software for the Construction Industry Scheme (CIS) online has been updated.
Construction Industry Scheme (CIS): commercial software suppliers lists products which have gained HMRC recognition having proved the ability to file a valid form or return (CIS300). HMRC accepts forms and returns filed using any of the products listed in this update.
Internet filing enabled software and online forms are available from HMRC as well as commercial software suppliers. These can be used to file CIS monthly returns (CIS300) and make verification requests.
HMRC provides a free product, ‘Online Tax Return - CIS’ that lets Contractors file monthly returns (CIS300) online.
HMRC have tested all the features of this service and will provide support to users through its Online Services Helpdesk .
Back to Contents
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
Page 41 of 516
Made with FlippingBook - Online magazine maker