HMRC’s Stakeholder Digest(26 September 2024) includes the following highlights:
confirmation that HMRC are to consult on electronic invoicing and publish a digital transformation roadmap to ‘outline HMRC’s vision to become a digital-first organisation’;
links to guidance on self-assessment with a further reminder of the implications of basis period reform for the transitional 2023/24 tax year;
reminder that HMRC have revised the letters they send out to taxpayers following an agent authorisation to clarify what the agent can do on behalf of the client;
links to HMRC’s ‘don’t get caught out’ campaign guidance which aims to help contractors avoid tax avoidance schemes – particularly where umbrella companies are involved; and
publication of the Administrative Burdens Advisory Board’s Tell ABAB report 2023 to 2024 which includes findings on MTD for ITSA HMRC customer service and the legislative burden associated with tax compliance.
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HMRC’s Stakeholder Digest(26 September 2024) includes the following highlights:
confirmation that HMRC are to consult on electronic invoicing and publish a digital transformation roadmap to ‘outline HMRC’s vision to become a digital-first organisation’;
links to guidance on self-assessment with a further reminder of the implications of basis period reform for the transitional 2023/24 tax year;
reminder that HMRC have revised the letters they send out to taxpayers following an agent authorisation to clarify what the agent can do on behalf of the client;
links to HMRC’s ‘don’t get caught out’ campaign guidance which aims to help contractors avoid tax avoidance schemes – particularly where umbrella companies are involved; and
publication of the Administrative Burdens Advisory Board’s Tell ABAB report 2023 to 2024 which includes findings on MTD for ITSA HMRC customer service and the legislative burden associated with tax compliance.
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:
