Making Tax Digital and Agent Services update
HMRC recently published a news story to mark the start of the MTD for business pilot. In addition a recent HMRC Agent Services Talking Points webinar included a demonstration of some of the screens that agents will see when they sign up to Making Tax Digital (MTD) for Business via Agent Services.
The sign up to Agent Services will be required to represent clients for MTD. HMRC advise us that the new service will map the Agent Reference Number to existing clients so that re-authorisation is not required. HMRC plan to make the sign up service available from the end of August.
There are various steps that agents will go through to sign up. These steps are explained in the Wednesday 29 March 2017 webinar. We strongly recommend that all members in practice listen to the recording. The associated slides are available on request.