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Paper repayment notifications to end in December

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HMRC’s latest Stakeholder Digest (10 November 2022) announces that income tax self-assessment and corporation tax paper repayment notifications are to end on 16 December 2022. This means that agents will need to use HMRC online services to review transactions on behalf of their clients, including details of BACS repayments.

The digest also highlights updated guidance for individuals working through umbrella companies, introduction of a new Google form (G-form) for VAT first period repayment claims, penalties for VAT that was deferred at the start of the Covid-19 pandemic and is still outstanding, and, although not directly tax related, a nonetheless important new Menopause at work toolkit developed by ACAS.

Issue: 1597
Categories: News
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