HMRC’s latest Agent Update includes the following highlights of note:
Tax administration framework review: update on the latest developments including details of planned spring 2025 consultations.
Raising standards in the tax advice market: reminder of Autumn Budget 2024 announcements including mandatory registration of tax advisers from April 2026.
Payrolling benefits in kind: reminder that employers need to apply for payrolling of benefits in kind before the start of the tax year and confirmation that mandation of payrolling of BIKs will be phased in from April 2026 (with loans and accommodation excluded from mandation at that point).
Platform operators reports: reminder that the first reports by digital platform operators (under the rules requiring them to collect and report information about sellers using their platforms) will be due by 31 January 2025.
Construction industry scheme: confirmation that from 1 March 2025 the provision of traffic management services will only be considered within...
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HMRC’s latest Agent Update includes the following highlights of note:
Tax administration framework review: update on the latest developments including details of planned spring 2025 consultations.
Raising standards in the tax advice market: reminder of Autumn Budget 2024 announcements including mandatory registration of tax advisers from April 2026.
Payrolling benefits in kind: reminder that employers need to apply for payrolling of benefits in kind before the start of the tax year and confirmation that mandation of payrolling of BIKs will be phased in from April 2026 (with loans and accommodation excluded from mandation at that point).
Platform operators reports: reminder that the first reports by digital platform operators (under the rules requiring them to collect and report information about sellers using their platforms) will be due by 31 January 2025.
Construction industry scheme: confirmation that from 1 March 2025 the provision of traffic management services will only be considered within...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
