HMRC

HMRC Resources

Did you know there is a range of support available to Small & Medium Enterprises (SMEs)?

HMRC has produced a series of resources to assist you when facing important business life events including information around:

  • Starting a business
  • Taking on employees
  • Registering for VAT
  • Importing/exporting
  • Incorporation

HMRC education products include factsheets, YouTube videos and much more.  To find out more about the resources available to you please view the sections below:

Factsheets

A series of downloadable tax help factsheets are available, full of useful information for small and medium sized businesses. They include signposting to appropriate information and tools on the HMRC and Business Link websites. Please click here to view the factsheets.

YouTube videos

There are a range of ‘bite-sized’ tax information videos available on the HMRC YouTube channel.  These are really useful if you need to check something, need assistance quickly or would just like to learn more about a particular area. http://www.youtube.com/user/HMRCgovuk

Record Keeping for Mobile Devices

The HMRC website contains a list of software suppliers who have produced simple record keeping applications.  Some of the apps meet cash basis and simplified expenses specifications following on from consultation with HMRC.  Most of the apps are free to download and can be used on a range of mobile devices.  Please click here to view the apps.

Business Advice Emails

You can sign up for a free service offered by HMRC which provides you with a series of tax related support emails to give you and your business useful guidance at specific points.  For instance, they are able to provide assistance about the type of financial records you need to keep and when certain payments to HMRC are due.

If you are already signed up for HMRC’s online services, you can access this service from ‘Your HMRC Services’ page once you have logged in using your User ID and Password.

Sign up to receive HMRC business advice emails

Key Message Updates

These regular updates feature important and widespread information from across HMRC. Please click on the links below to view.

April 2015

June 2015

August 2015

October 2015

December 2015

February 2016

April 2016

June 2016

August 2016

December 2016

February 2017

Blog: HMRC working with tax agents

You may also be interested in reading HMRC’s blog for tax agents which is updated regularly and features news on Agent Online Self Serve (AOSS), Changes to workplace pensions law and much more.  To visit the blog please click here: https://taxagents.blog.gov.uk/.

Budget 2016 announcements

All HM Revenue and Customs (HMRC) tax related documents and other announcements from the Budget 2016 can be found here: https://www.gov.uk/government/collections/budget-2016-tax-related-documents

Alcohol Wholesaler Registration Scheme (AWRS) – application window opens on 1 January 2016

If your business buys or sells alcohol please read the Alcohol Wholesaler Registration Scheme guidance to decide if registration with HMRC is needed. Existing business, must be registered by 31 March 2016. New businesses starting after 31 March 2016 must register at least 45 calendar days after starting to trade. For more information sign up to view the Alcohol Wholesaler webinar.

HMRC Talking Points and Working Together sessions

HMRC now have a page on Gov.uk showing the forthcoming Talking Points sessions as well as links to listen to recordings.  Talking Points are interactive online sessions which provide agents with opportunities to hear from and ask questions of subject matter experts from HMRC on a range of subjects including Security Awareness for agents, Your Tax Account, Inheritance Tax and more.

HMRC have added Talking Points to the existing page for other digital offerings for agents.

The Talking Points will be updated every month, and alongside this HMRC will continue to send email invites and blog about future sessions.

To view the Talking Points information please visit: https://www.gov.uk/government/news/webinars-e-learning-and-videos-if-youre-a-tax-agent-or-adviser.  There is also information about Talking Points here (please scroll down to paragraph 5): https://www.gov.uk/government/groups/working-together.

Tax agents: key tax deadlines 2016 to 2017

This calendar should help you establish when your clients’ main tax deadlines are, including the variable deadlines that you need to consider: https://www.gov.uk/government/publications/tax-agents-key-tax-deadlines-2016-to-2017.

Tax Agent Toolkits

HMRC’s tax agent toolkits have been updated. Please find links to these below:

National Insurance contributions and statutory payments toolkit: https://www.gov.uk/government/publications/hmrc-national-insurance-contributions-and-statutory-payments-toolkit

Expenses and benefits from employment: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/515768/2015-16_Expenses_and_Benefits_from_Employment.pdf