26 August 2024
August agent update has been published. The newsletter is great for payroll professionals to scan over monthly for any relevant payroll updates, sometimes ahead of the employer bulletin release.
The guidance contains developments and changes to UK tax legislation and allowances, including:
Tax
- PAYE Settlement Agreement Calculations 2023 to 2024
- Tell HMRC about who is dealing with the estate when someone dies, P1000 Update
- Alcohol Duty — New Digital Service
- Changes to Corporation Tax reminders, statements and receipts
- Basis period reform — reporting profits on a tax year basis
- Supporting your Sole Trader clients as they get started in business
- Employer liabilities and payments viewer — ‘Earlier Year Update’ becomes ‘End of tax year adjustment’
- HMRC release updated Franked Investment Income Group Litigation Order customer brief
- Student and Postgraduate Loans
- Research and Development reforms
Making tax digital
HMRC Agent Services
- Make a start on your client’s 2023 to 2024 tax return
- Help to avoid errors in claims for plant and machinery allowances
- DIY housebuilders scheme agent online submission reminder
- HMRC confirms changes to UK subsidy reporting thresholds for Climate Change Agreement scheme participants
- Apply for healthcare cover in the EU, Iceland, Liechtenstein, Norway or Switzerland (CA8454)
- Wealthy External Conference summary notes
- Authorising a Tax Agent — helpful hints and tips for completing the 64-8 form
Agent online forum and engagement
Latest updates from the partnership between HMRC and the main agent representative bodies. Including:
The next edition will be published on Thursday 19 September 2024.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.