Agent signs SA303 - is he in trouble?

Agent signs SA303 - is he in trouble?

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Under what circumstances can an agent sign a form SA303 (as appears to be allowed "if form signed by agent....")on behalf of a client.

What are the implications of an agent signing the form if, for example, whilst acting in good faith, the tax eventually payable is higher than the reduced amount
Steve Mercer

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By ACDWebb
04th May 2006 16:53

Only do it if
(i) you have a clear instruction/agreement from the client re the estimated liability,

(ii) have set out the basis of the calculation of the reduced payments required and any estimates (after discussing reasonable figures with the client); and

(iii) have clearly set out in writing the consequences re interest and penalties should the actual liability vbe greater than the reduced payents.

Certainly do not just submit a claim as otherwise you are surely laying yourself open to a claim from the client if it all goes horribly wrong.

For preference do not do it, but set out the figures and consequences to the client and get them to sign the form. They could easily still come back if the computation was not sufficiently prudent and interest accrues, but so long as you have explained it all you should be OK I would hope

EDITED to expand on suggestions

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