It was announced on Thursday that HM Revenue and Customs (HMRC) has launched a new 'Agent Update' service; a regular electronic round-up for the UK agent community.
The new, bi-monthly publication includes a summary of recent HMRC announcements, publications and guidance of interest to tax agents and advisers, together with links to further information on the HMRC website.
The first edition includes links to: the latest information on HMRC help for customers affected by the recent floods and foot and mouth; new Money Laundering Regulations; and the latest HMRC podcasts.
It also includes entries on three key changes coming into effect in October - changes to VAT invoicing, new Construction Industry Scheme penalties, and mandatory online filing for registered pension schemes.
Agent Update will be distributed for HMRC by trade and professional bodies, and can also be downloaded from the HMRC website.
Welcoming the new scheme, Paul Gray, HMRC Chairman, explained that:
"HMRC produces a great deal of information of relevance to agents, and we hope Agent Update will help keep agents up-to-date with the most important information, in an accessible, timely and user-friendly way."
"The Update will establish a new way of talking to agents through their trusted intermediary organisations, and we are delighted that so many have agreed to distribute it on our behalf."
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