Good afternoon all,
Has any firm created their ASA yet and would you be willing to share details of your experience, please?
My firm - approximately 13 partners and 100 staff - is struggling as to how we show go about this in terms of traps and pitfalls to be wary of, particularly given the time of year [we'd hate for our mainstream agent account to be fettered by the creation of our ASA] and the repeated mention of two factor authentication [as to which, how can this be managed with more than 113 people in the firm].
As I understand it, when we create our ASA it will not immediately interact with our other agent services [payroll, itsa, ctsa, VAT etc.] so I think we should be safe to create our ASA without fear of hindering the other tax compliance work going on at present, however, if anyone has any other experiences I'd love to know.
Similarly, I am getting mixed reports regarding the two step authentication; is this actually required to set up the ASA initally and/or access the trust register?
With thanks in anticipation!!