HMRC update on test and learn phase of DRD
The CIOT has written to HMRC expressing concerns about the new civil penalties for enablers of offshore tax evasion and the new strict liability criminal offence
The JVCC considers the VAT aspects of this important topic, including how it will affect VAT reporting and the proposed implementation timeline. We ask members to take part in the consultation.
During the recent Talking Points webinar HMRC set out what it is doing to enable agent access to information in clients’ digital tax accounts and help manage their relationship with agents.
Finance (No2) Act 2015 s 50 places notification obligations on persons who give offshore advice or services. Regulations have not yet been published. We will be issuing guidance for members as soon possible.
Important information from HMRC about work it is doing this year, including giving agents access to digital tax accounts.
How might your firm be affected? HMRC is asking for practical examples to help inform its guidance on this new offence.
Update and current position
CIOT and ATT request for comments from members