HMRC agent strategy and services
In this webinar Frank Haskew and Caroline Miskin discuss the latest developments impacting agents.
HMRC has increased its focus on the tax agent market with the appointment of a new Director, Lucy Pink, with specific responsibility for agents. In its response to the review into the loan charge the government announced that it will launch a call for evidence on what steps it can take to raise standards in the tax advice market.
Meanwhile, HMRC is developing digital services that will have a significant impact on agents including Making Tax Digital, a replacement Trust Registration Service and a service for the new requirement to report gains on UK residential property within 30 days of completion from April 2020.