Did you know every one of the twenty HM Revenue and Customs Tax agent toolkits is refreshed at least annually, the latest of which are:
Income Tax losses
Private and personal expenditure
Capital Allowances for plant and machinery
Directors’ loan account
Each toolkit has a checklist to help you address areas of possible error, explanatory notes which identify the basic types of errors, and how to reduce them.
They can be used as a straightforward checklist, as a refresh for your existing processes or as a training aid for staff. Every toolkit is available as a free PDF download which can be saved or printed for your records.
source: – taxagents.blog.gov.uk
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