HMRC has published Agent Update issue 88 (September 2021) providing the usual round-up of recent developments including:
MTD: covering additional functionality HMRC is introducing to enable agents view client payment due dates and payment history online (using the ‘manage your client’s VAT account online’ service, and also noting the introduction of combined form VAT50/51 for group registrations. HMRC is also inviting agents to take part in a trial of the department’s secure data exchange service (SDES) for UK VAT refunds to overseas businesses which allows large volumes of electronic data such as refund applications, and the required documentary evidence (invoices), to be sent to HMRC quickly and securely;
CJRS guidance update: including a reminder for businesses that the CJRS closes on 30 September and that final CJRS claims for September must be made by 14 October 2021;
tax conditionality: noting the role agents can play in helping clients affected by the requirement for tax checks on licence applications and renewals from April 2022;
trust registration service (TRS): highlighting the extended time limits for registration and changes to TRS details, that will apply from September 2022 (to 90 days rather than 30 days) and noting that the UK government intends to revise the legislation ‘in due course’ to match this change of practice; and
duty deferment and delayed customs declarations: reminding businesses and agents to apply for duty deferment accounts and simplified customs declarations processes authorisation in good time to meet the 175-day deadline for supplementary declarations.
HMRC has published Agent Update issue 88 (September 2021) providing the usual round-up of recent developments including:
MTD: covering additional functionality HMRC is introducing to enable agents view client payment due dates and payment history online (using the ‘manage your client’s VAT account online’ service, and also noting the introduction of combined form VAT50/51 for group registrations. HMRC is also inviting agents to take part in a trial of the department’s secure data exchange service (SDES) for UK VAT refunds to overseas businesses which allows large volumes of electronic data such as refund applications, and the required documentary evidence (invoices), to be sent to HMRC quickly and securely;
CJRS guidance update: including a reminder for businesses that the CJRS closes on 30 September and that final CJRS claims for September must be made by 14 October 2021;
tax conditionality: noting the role agents can play in helping clients affected by the requirement for tax checks on licence applications and renewals from April 2022;
trust registration service (TRS): highlighting the extended time limits for registration and changes to TRS details, that will apply from September 2022 (to 90 days rather than 30 days) and noting that the UK government intends to revise the legislation ‘in due course’ to match this change of practice; and
duty deferment and delayed customs declarations: reminding businesses and agents to apply for duty deferment accounts and simplified customs declarations processes authorisation in good time to meet the 175-day deadline for supplementary declarations.
