Injection of £200m expected to help cut department costs
Making the most of HMRC’s greatly improved digital VAT services
D Jones (TC2663)
New online tool should be approached with caution, says tax barrister
Looking forward to the next few years of online filing with iXBRL
Paul & Annette Galbraith t/a Galbraith Ceramics (TC2639)
New edition of Agent Update summarised
Employers and tax agents can now report end-of-year expenses and benefits electronically, using a new set of online forms. The service is likely to be most useful for small and medium-sized employers when submitting their employees’ expenses and benefits information, said HMRC.
Only two forms are available – with an equivalent for agents to use on behalf of clients – but more are planned. Web users can access currently:
HMRC pledge follows scheduled lack of service
HMRC are encouraging new firms to register for VAT digitally, rather than on paper, citing the advantage of on-screen assistance and an immediate acknowledgment that the taxman has received the application.
The business will be automatically enrolled to the Revenue's VAT online service, to allow submission of returns, and the certificate of registration will be available online.