Mandating the use of P87 forms – Frequently asked questions for agents

  1. What has changed for P87 applications? From 6 May new secondary legislation came into force allowing HMRC to specify the format of P87 applications. HMRC has updated the form they want customers to use on GOV.UK and from 7 May 2022 all P87 applications must be made on this form. 2. Why have you introduced this change? We receive a wide variety of employment expense claim forms from repayment agents. We are bringing in the new P87 form so we have a consistent standard coming into HMRC. This will allow us to process these applications more efficiently and…

End of bulk appeals for late filing penalties

The temporary reintroduction of bulk agent appeals for 2020 to 2021 Income Tax Self Assessment (ITSA) late filing penalties, will come to an end on 6 May 2022 as planned. This is in line with the appeal deadline for these penalties and is as previously publicised. From 7 May onwards, appeals should be made by following the standard appeals process which is available on GOV.UK. Penalties: an overview for agents and advisers

Agent Update 95 has been published

Welcome to today’s blog promoting the publication of Agent Update: issue 95. In the Technical Updates and Reminders section we continue to bring you important COVID-19 updates such as, reminder to declare coronavirus grants on Company tax returns, authorisation to discuss Self Employment Income Support Scheme (SEISS) grants on behalf of your clients and Enterprise Management Initiative – COVID-19 easement ending. Other topics included are, change in the CT600 supplementary page CT600L from 1 April 2022, Freeports Employer National Insurance contributions relief, Student and Postgraduate Loans: Thresholds and rates from 6 April 2022, Capital Gains Tax on UK Property Account…

How is HMRC upholding the Standard for agents?

You can find out the answer to this question in our recently published in-depth review on HMRC’s powers to uphold its Standard for Agents. The review sets out our approach and the statutory powers available to us when dealing with breaches of the Standard. It brings together contributions and examples of work from across HMRC and it’s the first time this information has been published in one place. It highlights the wide-ranging activity we use to correct poor agent behaviour, which includes providing education support where errors are identified, removal or suspension of access to online services, penalties, and public…