Blog

Top 7 Accounting Tips for Small Businesses: Streamline Your Finances and Boost Growth

Top 7 Accounting Tips for Small Businesses Managing finances effectively is crucial for the success of any small business. With limited resources and tight budgets, small business owners need practical and efficient accounting strategies to ensure profitability and sustainability.  Accounting is the backbone of any business, providing crucial insights into financial health and helping to … read more Top 7 Accounting Tips for Small Businesses: Streamline Your Finances and Boost Growth

Audit Services: Ensuring Financial Accuracy and Compliance for Your Business

Role of Audit Services Audit Services are essential for maintaining the financial health and regulatory compliance of any business. They provide an unbiased evaluation of financial statements, ensuring accuracy, transparency, and adherence to accounting standards. This blog will explore the importance of audit services, the various types of audits, and how businesses can benefit from … read more Audit Services: Ensuring Financial Accuracy and Compliance for Your Business

Top Bookkeeping Firms in London: A Comprehensive Guide

Top Bookkeeping Firms in London Top Bookkeeping Firms in London, a bustling hub of business and finance, is home to numerous bookkeeping firms that cater to the diverse needs of its dynamic market. Whether you’re a startup, a small business, or a large corporation, having a reliable bookkeeping firm can make a significant difference in … read more Top Bookkeeping Firms in London: A Comprehensive Guide

RSS BBC News

RSS HMRC working with tax agents

  • This blog is now archived September 6, 2022
    Please note that this blog is no longer being updated.
    Geoff Greensmith
  • Mandating the use of P87 forms - Frequently asked questions for agents May 11, 2022
    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.
    Geoff Greensmith
  • End of bulk appeals for late filing penalties May 5, 2022
    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.
    Geoff Greensmith
  • Agent Update 95 has been published April 21, 2022
    Agent 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, 2022
    HMRC 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, 2022
    We 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, 2022
    From 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, 2022
    The 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, 2022
    Agent 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, 2022
    Due 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

RSS HM Revenue & Customs – Activity on GOV.UK