Taxman rolling out more adviser toolkits

The taxman has rolled out more toolkits to help advisers avoid errors when
filing client returns.

cover VAT input tax, inheritance tax, and expenses and benefits from

Tomorrow (21 October) HM Revenue & Customs will be publishing more
toolkits covering capital vs revenue expenditure losses, property rental and
director’s loan accounts.

Brian Redford, deputy director in HMRC’s Business Customer Unit, said:

“Interest in the six toolkits we issued earlier this year has been tremendous
– over 21,000 downloads in the first three months alone.

“The toolkits are free and cover areas of tax which we know represent a risk
of error for agents. The toolkits are entirely voluntary but they are easy to
use and have been designed with the help of the agent community.”

Further reading:

Find more information,
guidance and news for advisers here

report on tax agents buries the truth

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