HMRC has published Agent Update issue 89 (October 2021) providing a round-up of recent developments for tax agents and advisers, including the following:
The extended window to appeal against tax decisions and penalties closed on 30 September 2021, but remains available for tax decisions and penalties up to and including that date. The normal process and times apply for appealing decisions dated from 1 October 2021.
A reminder to declare overpayments from the coronavirus job retention scheme or the ‘eat out to help out’ scheme on company tax returns (CT600).
The UK-Switzerland Convention on Social Security Co-ordination signed on 9 September 2021 is now published. HMRC has said it will be available to use later this year, with the exact date being notified in due course.
From 6 April 2023, HMRC will be updating the Employment Status Manual (ESM) to remove specific occupational guidance for associate dentists (ESM4030) (although this does not signify a change in the rules or HMRC’s view of the employment status of associate dentists). From that date, associate dentists will be asked to make an assessment of employment status using the check employment status for tax (CEST) tool.
Campaign to help businesses using temporary workers understand the risks of using tax avoidance schemes.
Health and social care levy. From April 2022, NICs for employees, employers and the self-employed will increase by 1.25 percentage points for one year only. From April 2023, the health and social care levy will be introduced at 1.25%, and the rate of income tax on dividends will also increase by 1.25 percentage points.
Reminder of the availability of the temporary extension of loss carry-back for accounting periods ending between 1 April 2020 and 31 March 2022.
Updated guidance on the VAT reverse charge for construction and building services.
HMRC has published Agent Update issue 89 (October 2021) providing a round-up of recent developments for tax agents and advisers, including the following:
The extended window to appeal against tax decisions and penalties closed on 30 September 2021, but remains available for tax decisions and penalties up to and including that date. The normal process and times apply for appealing decisions dated from 1 October 2021.
A reminder to declare overpayments from the coronavirus job retention scheme or the ‘eat out to help out’ scheme on company tax returns (CT600).
The UK-Switzerland Convention on Social Security Co-ordination signed on 9 September 2021 is now published. HMRC has said it will be available to use later this year, with the exact date being notified in due course.
From 6 April 2023, HMRC will be updating the Employment Status Manual (ESM) to remove specific occupational guidance for associate dentists (ESM4030) (although this does not signify a change in the rules or HMRC’s view of the employment status of associate dentists). From that date, associate dentists will be asked to make an assessment of employment status using the check employment status for tax (CEST) tool.
Campaign to help businesses using temporary workers understand the risks of using tax avoidance schemes.
Health and social care levy. From April 2022, NICs for employees, employers and the self-employed will increase by 1.25 percentage points for one year only. From April 2023, the health and social care levy will be introduced at 1.25%, and the rate of income tax on dividends will also increase by 1.25 percentage points.
Reminder of the availability of the temporary extension of loss carry-back for accounting periods ending between 1 April 2020 and 31 March 2022.
Updated guidance on the VAT reverse charge for construction and building services.
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