[Updated 1 February 2026]: If you missed the 31 January deadline to submit your self-assessment tax return, you are now into the penalty stage. HMRC applies an automatic £100 penalty to those who are anywhere from 1 day to 3 months late. Further penalties are then added if you take even longer to comply. It’s …
Due to the impact of coronavirus on individuals and businesses around the country, HMRC has not issued a Late Filing Penalty for anyone who has been unable to file their 2020-21 Self Assessment (SA) return by 31 January 2022 providing they did so by 28 February 2022. HMRC recognise that due to the ongoing …
Welcome to today’s blog promoting the publication of Agent Update: issue 94. In the Technical Updates and Reminders section we continue to bring you important COVID-19 updates such as final claims for the Statutory Sick Pay Rebate Scheme, overpaid Self-Employment Income Support Scheme (SEISS) grants, a reminder to declare Coronavirus grants on Company tax …
The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to support the UK economy, businesses and families in both the short and the medium term. Key measures the Chancellor announced as part of the plan include: an increase to the National Insurance Primary Threshold for Class 1 …
From 31 March 2022, new clients will need to use a new form 64-8 to give authorisation for you to deal directly with us on their behalf. Existing clients do not need to re-authorise their current relationship. How to access the new form You’ll be able to download the new agent authorisation form online …
We may not be able to talk to you about your clients’ SEISS grants unless we receive additional consent from them. This is because our existing process – the 64-8 agent authorisation – was not designed to cover the support provided in response to coronavirus, such as SEISS grants, so the usual taxpayer confidentiality rules apply. We require this additional authorisation …
You can find out the answer to this question in our recently published in-depth review on HMRC’s powers to uphold its Standard for Agents. The review sets out our approach and the statutory powers available to us when dealing with breaches of the Standard. It brings together contributions and examples of work from across HMRC …
Welcome to today’s blog promoting the publication of Agent Update: issue 95. In the Technical Updates and Reminders section we continue to bring you important COVID-19 updates such as, reminder to declare coronavirus grants on Company tax returns, authorisation to discuss Self Employment Income Support Scheme (SEISS) grants on behalf of your clients and Enterprise …
The temporary reintroduction of bulk agent appeals for 2020 to 2021 Income Tax Self Assessment (ITSA) late filing penalties, will come to an end on 6 May 2022 as planned. This is in line with the appeal deadline for these penalties and is as previously publicised. From 7 May onwards, appeals should be made by …
1. What has changed for P87 applications? From 6 May new secondary legislation came into force allowing HMRC to specify the format of P87 applications. HMRC has updated the form they want customers to use on GOV.UK and from 7 May 2022 all P87 applications must be made on this form. 2. Why have …