Resolving HMRC employer liabilities payments account errors

ICAEW’s Tax Faculty requests real-life examples to help convince HMRC of the problem. Over the years, ICAEW’s Tax Faculty has received many reports of differences between HMRC’s employer liabilities & payment (L&P) account figures and employers’ own records. These have often proved difficult to resolve. Employers have lost trust in HMRC’s employer L&P records, owing […]

How to avoid losing access to your agent account

Failing to respond to an innocuous looking letter from HMRC can end up with your agent account being blocked. ICAEW’s Tax Faculty explains how to avoid this trap. HMRC periodically writes to agents to ask them to confirm who supervises them for anti-money laundering (AML) regulation purposes. It is not clear what triggers this check […]

Santander launches new £200 switching bonus – should you get a new bank account?

Santander has recently launched a switching incentive for new and existing customers who move to one of its current accounts. Those thinking of switching to the Santander Edge, 123 or Everyday current accounts could pocket £200 for the move.  What’s more, the Santander Edge and 123 accounts both pay cashback on household bills which could […]