BBC News – Business
- Co-op joins rivals in dropping disposable barbecues August 12, 2022Sainsbury's, Morrisons and Tesco are among retailers who have also stopped sales due to the heatwave.
- UK economy shrinks as outlook on recession darkens August 12, 2022The economy shrank by 0.1% leading some experts to warn a recession could start sooner than expected.
- Liz Truss defends energy firms saying profit is not evil August 12, 2022The Tory leader hopeful says profit is not "dirty" and windfall taxes were about "bashing business".
- Government proposes more help for energy-intensive firms August 12, 2022Sectors like steel, paper and glass that use a lot of power could be set to receive more support.
- Argentina rate hiked to 69.5% as inflation hits 20-year high August 12, 2022The move comes as figures showed inflation in South America's second largest economy hit a 20-year high.
- Lee Jae-yong: Why South Korea just pardoned the Samsung 'prince' August 12, 2022Lee Jae-yong, who was convicted for bribery and embezzlement, has been granted a presidential pardon.
- Johnson & Johnson to replace talc-based powder with cornstarch August 12, 2022By 2023 J&J will make all its baby powder using cornstarch following legal battles over talc's safety.
- Superdry boss warns shoppers will choose Europe over Britain August 11, 2022Tax-free shopping is no longer available to international visitors to Britain.
- People can't wait for energy help - Citizens Advice August 11, 2022The charity voices concerns of delaying support for households bracing themselves for energy bill hikes.
- McDonald's plans to reopen in Kyiv and western Ukraine August 11, 2022The burger chain says it hopes to support a "small but important sense of normalcy".
HMRC working with tax agents
- 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.geoffgreensmith
- 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.geoffgreensmith
- 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.geoffgreensmith
- 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.geoffgreensmith
- 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 […]geoffgreensmith
- 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.geoffgreensmith
- 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.geoffgreensmith
- 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.geoffgreensmith
- 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.geoffgreensmith
- Agent Update 93 has been published February 17, 2022Agent Update 93 is available now and contains the latest articles, updates, help and support for the entire agent community.geoffgreensmith
HM Revenue & Customs – Activity on GOV.UK
- Guidance: Check examples of plastic packaging components that are chargeable for Plastic Packaging Tax August 12, 2022Find out which plastic packaging components are in and out of scope of Plastic Packaging Tax.HM Government
- National Statistics: HMRC statistics: pre-release access list August 12, 2022HM Revenue and Customs' record of those who have pre-release access to National Statistics.HM Government
- Guidance: Data Element 2/3: Documents and Other Reference Codes (Union) of the Customs Declaration Service August 12, 2022Find the relevant document codes, document status codes and details to be declared such as licences and certificates (Appendix 5A).HM Government
- Notice: Excise Notice 41: Alcoholic Ingredients Relief August 12, 2022This notice is about Alcoholic Ingredients Relief which is the repayment of Excise Duty charged on spirits, beer, wine, made-wine, cider and perry.HM Government
- Guidance: Compliance checks: tax avoidance schemes — accelerated payments CC/FS24 August 12, 2022This factsheet is about tax avoidance schemes and accelerated payment notices.HM Government
- Guidance: Find payroll software that is recognised by HMRC August 12, 2022Check for free and paid-for software recognised by HMRC that you can use to report PAYE information online.HM Government
- Statistical data set: UK overseas trade in goods statistics June 2022: import and export data August 12, 2022EU and Non-EU import and export data for June 2022HM Government
- National Statistics: UK overseas trade in goods statistics: June 2022 August 12, 2022UK overseas trade statistics (OTS) data detailing international trade in goods at summary product and country level.HM Government
- Guidance: Check if a letter you've received from HMRC is genuine August 12, 2022Check a list of recent letters from HMRC to help you decide if a letter you've received is a scam.HM Government
- Tax Credits Manual August 12, 2022How HM Revenue & Customs handles Child Tax Credit and Working Tax Credit casesHM Government