HMRC have revised their guidance for tax repayment agents to confirm that from 6 April 2025 the agent will need to use an advanced electronic signature process to obtain the appropriate authorisation from clients. The guidance sets specific requirements advanced electronic signatures must meet and notes that agents will need to keep evidence of signing up to an advanced electronic signature service provider (e.g. headed letter email invoice or confirmation email). HMRC say that claims will not be processed until the appropriate documentation is submitted.
HMRC may also request evidence of specific clients’ claim authorisations using the advanced electronic signature process as part of routine compliance checks.
Repayments should be received by agents as ‘nominee’ following changes introduced by Finance (No. 2) Act 2023 s 333 which prevented individual taxpayers from assigning their right to receive a repayment of tax to a third party.
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:
HMRC have revised their guidance for tax repayment agents to confirm that from 6 April 2025 the agent will need to use an advanced electronic signature process to obtain the appropriate authorisation from clients. The guidance sets specific requirements advanced electronic signatures must meet and notes that agents will need to keep evidence of signing up to an advanced electronic signature service provider (e.g. headed letter email invoice or confirmation email). HMRC say that claims will not be processed until the appropriate documentation is submitted.
HMRC may also request evidence of specific clients’ claim authorisations using the advanced electronic signature process as part of routine compliance checks.
Repayments should be received by agents as ‘nominee’ following changes introduced by Finance (No. 2) Act 2023 s 333 which prevented individual taxpayers from assigning their right to receive a repayment of tax to a third party.
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:
