Reporting capital gains within 30 days for client as an agent: Capital Gains Tax on UK property account number? were do i get this from can anyone help
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The client needs to set up an online CGT account separate from their SA account. Client provides the details to the agent and there is a separate step to authorise agent.
You could save yourself a major headache here by phoning 0300 200 3311 to ask for a paper form. Mine arrived by post today (HMRC said I can make multiple photocopies to use for other clients).
Anyone who is digitally excluded can use it. So yes (on a de facto basis at least as the online process is so complicated & time consuming that most advisors & clients simply give up in exasperation).
[Edit] In fact, per the legislation, anyone can use it. See para 16 here: https://www.legislation.gov.uk/ukpga/2019/1/schedule/2/enacted
See also: https://www.taxation.co.uk/articles/feedback-27-august-2020
Of course there's no list (at least online if you think about it!). Read my above "de facto" answer.
You could save yourself a major headache here by phoning 0300 200 3311 to ask for a paper form. Mine arrived by post today (HMRC said I can make multiple photocopies to use for other clients).
Does the form have a number, eg the 2020 summary form was SA108?
Thanks
PPDCGT 111329. It took just 2 days to arrive by 2nd class post. Possibly HMRC will stop sending these when they get deluged with requests, so I suggest that get your copy now before they become gold dust.
You could save yourself a major headache here by phoning 0300 200 3311 to ask for a paper form. Mine arrived by post today (HMRC said I can make multiple photocopies to use for other clients).
I have been trying since the second week of August to get hold of one of these forms for a client who sold his property on 4th August. I have spoken to HMRC 3 times and none of the agents had a clue what I was talking about. The first call did result in a form being sent out but all the client received was a set of CG pages for a tax return. Half the time HMRC are not answering the phones and yesterday I got through after 30 minutes but was cut off while waiting for the officer to come back to me, as he had put me on hold to investigate! How on earth are we supposed to cope with this legislation!
Does the 30 day rule apply to property sold by executors during the period of administration? I ask because HMRC still state that a return of CGT & Income Tax need only be submitted at the end on the administration period
I have just come off the phone to HMRC (Agent Helpline) on this very subject. I was old that they don't know anything about it as they have not been trained. He said he would need to pass me on to a "technician" but there are none available. I asked if he could just send me the form, his response was I have not been trained and could I ring back another day.
So folks the Agent Helpline staff have not been trained to issue forms so its to hell in a handcart for us all
But surely that's all par for the course with HMRC, so you need to be a bit more persistent than that!
This from the HMRC/Agent Forum -
CGT-6396 - Step by step process for digitally excluded customers to authorise an agent:
Here are the bullet points to reflect the process where a digitally excluded customer wants to appoint an agent to act on their behalf:
- Agent is required to register with Agent Services unless they have an existing account
- Agent asks client to contact HMRC Taxes helpline on 0300 200 3300 to register for a CGT account
- HMRC Taxes helpline advisor will confirm that client is digitally excluded and refer customer to HMRC Extra Support Service
- HMRC Extra Support Service advisor will help the client register for a CGT account. This process will be done by phone or face to face, as appropriate
- The registration process will result in the client receiving a CGT account reference number. Reference number will be created in real-time
- Client gives the CGT account reference number to their agent to begin the agent-client authorisation process
- Agent logs into Agent Services and selects ‘Ask your client to authorise you’
- Agent enters the CGT account reference number of their client, creating an invitation link
- Client contacts HMRC Taxes helpline to request support to authorise their agent
- HMRC Extra Support Service advisor uses client’s CGT account reference number to identify agent-client authorisation request
- HMRC Extra Support Service advisor confirms client is happy for agent to act on their behalf
- HMRC Extra Support Service advisor creates agent-client relationship
- Agent is able engage digitally with HMRC on behalf of client for CGT property disposals
ALSO SEE HMRC response from 2 months ago on
CGT-5978 - HMRC Response - CGT reporting and non-UK residents:
Thank you for your comments and just to clarify when a non-resident cannot set up a Government Gateway account, for example, if they do not have a National Insurance number or UTR (Unique Tax Reference) they must use the alternative sign-in process that requires only an email address (validated by a code sent by email shortly after entering the email address) and the address of the property in the UK.
We can confirm that as mentioned by CIOT the following steps will allow a non UK resident, without a nino, to create a Capital Gains Tax on UK property account.
- Go to https://www.tax.service.gov.uk/capital-gains-tax-uk-property/start/repor...
- Scroll down to ‘Before You Start’
- Then click ‘Start’,
- This will take you to https://www.access.service.gov.uk/login/signin/creds.
- Click on the Create sign in details (Ignore the Government Gateway boxes)
- Enter your email
- You receive a code by email
- Follow the on screen instructions to complete registration
Currently, non-residents are unable to assign agents to submit returns on their behalf. This is being looked into as a matter of urgency.
Though their follow up 28 days ago to "Do we have an update on whether or not a non-resident can now appoint an agent?" was "we are still waiting for an update from the relevant team."
Yep, of course that's all likely to happen within 30 days. Client will still be waiting on the phone for the first call to be answered.
