HMRC’s latest customer service performance and new guidance on the Agent Services Account feature this week.

• The latest HMRC performance report is available
• Who should register for VAT (VAT Notice 700/1) has been updated
• In September 2019 regulations were made which are expected to come into force next month to retrospectively extend the qualifying period for CGT reinvestment relief under the social investment tax relief (“SITR”) regime to 5 April 2021. HM Treasury is currently reviewing the future of the SITR scheme.
• HMRC has issued a further tranche of “nudge” letters in respect of its Profit Diversion Compliance Facility
• HMRC published new guidance “Authorise new clients for your agent services account”
• From 6 April 2019, the small trading limit for charities was increased from £50,000 to £80,000 by Finance Act 2019
• Tell HMRC about Capital Gains Tax on UK property or land if you’re non-resident and Register a non-resident company for Corporation Tax have both been updated
• The latest Employment Related Securities Bulletin has been published
• “HM Revenue & Customs – Our governance” and HMRC’s single departmental plan have been updated
• HMRC’s chief executive appointment is Jim Harra
• HMRC have announced that some PAYE Settlement Agreement taxpayers may not have received a payslip notifying them of the amounts they owe under their PSA arrangement for the 2018/19 tax year