BBC News
- Bank cuts interest rates and slashes growth forecast February 6, 2025Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
- When will interest rates go down again? February 6, 2025Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.
- Google remakes Super Bowl ad after AI cheese gaffe February 6, 2025Its Gemini tool wildly overestimated global gouda consumption in ad that was meant to show off its capabilities.
- Low growth and rising prices - it's looking gloomy for the UK February 6, 2025The central bank may have cut rates but forecasts of low growth and rising inflation make a challenging domestic vista.
- Google joins firms dropping diversity recruitment goals February 6, 2025U-turn by the former diversity champion comes as major companies face pressure to drop the policies.
- China challenges Trump tariffs as 'discriminatory' February 6, 2025Beijing says the US is making "unfounded" claims about its role in the fentanyl trade to justify new tariffs.
- Faisal Islam: The tariff wars have begun - buckle up February 6, 2025The UK will still be hit even if not directly targeted by Trump's tariff measures.
- World leaders set to vie for AI domination at Paris summit February 6, 2025Global politicians and AI bosses will next week attend a summit to debate the disruptive technology.
- Norwegian oil giant cuts green investment in half February 6, 2025Equinor will slash investment in renewable energy while ramping up oil and gas production.
- Evelyn de Rothschild left bank after misconduct claim February 5, 2025Evelyn de Rothschild left his family bank after an allegation of sexual misconduct, it has emerged
HMRC working with tax agents
- This blog is now archived September 6, 2022Please note that this blog is no longer being updated.Geoff Greensmith
- Mandating the use of P87 forms - Frequently asked questions for agents May 11, 2022From 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.Geoff Greensmith
- End of bulk appeals for late filing penalties May 5, 2022The 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.Geoff Greensmith
- Agent Update 95 has been published April 21, 2022Agent Update 95 is available now and contains the latest articles, updates, help and support for the entire agent community.Geoff Greensmith
- How is HMRC upholding the Standard for agents? April 5, 2022HMRC has published an in-depth review on upholding standards 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.Geoff Greensmith
- Authorisation to discuss Self Employment Income Support Scheme (SEISS) grants on behalf of your clients March 29, 2022We may not be able to talk to you about your clients’ SEISS grants unless we receive additional consent from them. This is because our existing process – the 64-8 agent authorisation – was not designed to cover the support provided in response to coronavirus, such as SEISS grants, so the usual taxpayer confidentiality rules apply. We require this additional authorisation […]Geoff Greensmith
- New 64-8 agent authorisation form March 24, 2022From 31 March 2022, new clients will need to use a new form 64-8 to give authorisation for you to deal directly with us on their behalf. Existing clients do not need to re-authorise their current relationship.Geoff Greensmith
- Spring Statement 2022 March 23, 2022The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to support the UK economy, businesses and families in both the short and the medium term.Geoff Greensmith
- Agent Update 94 has been published March 17, 2022Agent Update 94 is available now and contains the latest articles, updates, help and support for the entire agent community.Geoff Greensmith
- Bulk appeal for Late Filing Penalties – Coronavirus March 2, 2022Due to the impact of coronavirus on individuals and businesses around the country, HMRC has not issued a Late Filing Penalty for anyone who has been unable to file their 2020-21 self-assessment return by 31 January 2022 providing they did so by 28 February 2022.Geoff Greensmith
HM Revenue & Customs – Activity on GOV.UK
- Guidance: Change in bonus rates for Save As You Earn (SAYE) share option schemes February 6, 2025The latest changes to the bonus rates for SAYE share option schemes.HM Government
- Guidance: Investment gold coins (VAT Notice 701/21A) February 6, 2025List of gold coins considered as investment gold coins for VAT exemption as detailed in Group 15 to Schedule 9 of the VAT Act 1994 purposes.HM Government
- Property Income Manual February 6, 2025Taxation of rent and other income from UK property. Taxation of overseas property income received by UK residents.HM Government
- What to do when an employee dies February 6, 2025Arranging final payments to employees or pension recipients who die, and reporting the death of an employee at work to the Health and Safety Executive and the police.HM Government
- Economic Crime Supervision Handbook February 6, 2025The aim of the EC-S handbook is to give you clear and comprehensive guidance on how to undertake your role within EC-S. It will help you understand the legislation, how our policies work and how they should be applied. It will also explain how to apply the sanctions framework and the powers available for you […]HM Government
- Guidance: Check if you must register for VAT if you receive private school fees February 6, 2025If you're an education provider, check if and when you need to register for VAT to prepare for VAT being chargeable on school and boarding fees.HM Government
- Employment Status Manual February 6, 2025The Employment Status Manual is intended to provide guidance on issues relating to the employment status of individuals.HM Government
- VAT Partial Exemption Guidance February 6, 2025Guidance on partial exemption and the Capital Goods SchemeHM Government
- News story: HMRC late payment interest rates to be revised after Bank of England lowers base rate February 6, 2025HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 4.5%.HM Government
- International Exchange of Information Manual February 6, 2025Guidance for HMRC staff involved with cross-border exchange of information under the UK's international exchange agreements.HM Government