There are signs that something is going very wrong in payment allocation and return recording in HMRC’s Making Tax Digital for VAT records. Business owners may wish to double-check their Business Tax Account, or if they have a tax agent to ask the tax agent to check their Agent Services Account as there is increasing evidence of ‘glitches’ on the account. It appears that the agent ASA may not reflect what is shown in the Business Tax Account and vice versa and that HMRC are not showing tax overpayments.
Source: rossmartin.co.uk
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