HMRC has published edition 76 of Agent Update and has made some minor changes to the format. The update now includes the following sections:
Updates that have not been published elsewhere:
Opportunities to test new HMRC systems:
The update includes several reminders relevant to employers, a reminder to prepare to file 2020-21 ATED returns and a note of the key actions for non-resident corporate landlords (NRCL) becoming liable to corporation tax instead of income tax from April 2020. These key actions are:
How will the client 'engage digitally'? With only a very short period of time to go before the new rules commence there needs to be a lot more clarity about how these procedures are going to work!!
"The issue of most concern to agents is that existing 64-8 authorities will not be recognised for this service and the client will need to engage digitally." So how does this fit in with Charter which states that taxpayers have a right to be represented? Is it going to be possible to act as an agent for a client and get the authority in place in time? None of my clients are likely to want to deal with this on their own. So frustrating that yet again HMRC apparently hasn't taken into account the needs of represented taxpayers.