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Agent Update
HMRC have published the December issue of Agent Update, which includes:
Agent Update
HMRC have published the December issue of Agent Update, which includes:
- CT agent authorisation: agents have reported cases where two different authorisation codes had been issued in respect of CT online agent authorisation requests, which resulted in the client receiving two authorisation codes with the same expiry date. One code worked and the other did not. HMRC’s IT partners have said that this issue has been resolved.
- PAYE credit letters: several issues were reported about the real-time information PAYE credit letter. HMRC apologise that an unclear letter was used and confirm that no similar letters should now be received.
- Restructure: HMRC report that they have restructured their team of working together co-ordinators and now have nine dedicated co-ordinators whose primary role is the support and smooth delivery of local working together.
RPI
The value of the retail prices index for August is 251.0, and 251.9 for September and October (same for both months).
Compliance
The UK has signed intergovernmental agreement to improve international tax compliance with Bermuda, Montserrat, the Turks and Caicos Islands and the British Virgin Islands.
Complaints
Following a successful trial with selected agents, HMRC have announced that they will no longer send the complaints factsheet C/FS to agents who complain about self assessment or income tax. Instead, they will explain in their letters where to find the relevant information on HMRC’s website.
Stamp taxes
All stamp taxes offices will be closed on 27 December 2013.
Intellectual property
Following the publication of EU Regulation 608/2013 there has been significant changes in the procedure to be adopted by all parties. Public Notice 34: Intellectual Property Rights has been amended to reflect the changes.
VAT gap
A preliminary estimate of the VAT gap for 2012/13 has been published, based on full year consumer expenditure data.
