Is this for an agent ID (showing all manner of client taxes) or just for your own company?
If the latter I think for the Corporation Tax you would just need to cancel the link (in manage account) and then add corporation tax as a new tax to the remaining ID (with the SA, PAYE etc.
If for agent access - I would either leave well alone as you can bet if HMRC get involved there is a chance it will all go wrong and you may lose access?
Alternatively, reauthorise all the CT clients via the PAYE/VAT/SA ID and wait for HMRC to send out the codes.
I guess it depends how many?
I had one a week or so ago, as a result of a pension payout, but HMRC did not have the self employment information.
They sent a letter to advise a refund was due.
I contacted the client, and we have now done the self employment accounts and submitted the return. Small balance to pay but refund already issued to client.
She's just parked the money for now knowing HMRC will need it back - but should I resubmit the return and record the refund received on the return?
I had this letter in January, after I changed my AML supervision from HMRC to a recognised PB. All I supplied was a copy of my practising licence which states I am supervised for AML.
I sent it by special delivery, to ensure HMRC received it - I have heard the horror stories of HMRC pulling the plug - but to date, I have had no reply (Did I really expect one?)
I still have my agent access so I must guess all is well and HMRC accepted it ...... ?
Hi, How do you rate the Brightpay and Modulr process? I have suggested it to a client but he is a little reluctant to commit. I think sending the wages value of over £80K to Modulr, who then pay the staff concerns him.
Hi Wanderer,
Thank you. This was my understanding too and I also plan to complete the 2023 return and include it, even though a return will not be requested, or any tax to pay, if only to cover my client for the future.
Thank you.
No, he was all sorted from day one of MTD. I have written so will just wait and see what HMRC advise - may take a while to get a reply though :-) but at least I will have done my bit.
My answers
Hi,
How can you tell if a return is still to be processed?
Is this for an agent ID (showing all manner of client taxes) or just for your own company?
If the latter I think for the Corporation Tax you would just need to cancel the link (in manage account) and then add corporation tax as a new tax to the remaining ID (with the SA, PAYE etc.
If for agent access - I would either leave well alone as you can bet if HMRC get involved there is a chance it will all go wrong and you may lose access?
Alternatively, reauthorise all the CT clients via the PAYE/VAT/SA ID and wait for HMRC to send out the codes.
I guess it depends how many?
I had one a week or so ago, as a result of a pension payout, but HMRC did not have the self employment information.
They sent a letter to advise a refund was due.
I contacted the client, and we have now done the self employment accounts and submitted the return. Small balance to pay but refund already issued to client.
She's just parked the money for now knowing HMRC will need it back - but should I resubmit the return and record the refund received on the return?
I had this letter in January, after I changed my AML supervision from HMRC to a recognised PB. All I supplied was a copy of my practising licence which states I am supervised for AML.
I sent it by special delivery, to ensure HMRC received it - I have heard the horror stories of HMRC pulling the plug - but to date, I have had no reply (Did I really expect one?)
I still have my agent access so I must guess all is well and HMRC accepted it ...... ?
Hi, How do you rate the Brightpay and Modulr process? I have suggested it to a client but he is a little reluctant to commit. I think sending the wages value of over £80K to Modulr, who then pay the staff concerns him.
I have not used MMB for QB but have used them for Sage to Xero several times and it works very well.
Good luck
Thanks,
The proceeds were only £33K so no return required.
Hi Wanderer,
Thank you. This was my understanding too and I also plan to complete the 2023 return and include it, even though a return will not be requested, or any tax to pay, if only to cover my client for the future.
Thank you.
No, he was all sorted from day one of MTD. I have written so will just wait and see what HMRC advise - may take a while to get a reply though :-) but at least I will have done my bit.
Thanks.
It was a very, very simple return using bridging software so unlikely an error, but I will double check it anyway.
Thanks for your reply.