Highlights from the broader tax news for the week ending 27 September 2023, including: student loan deductions and payrolled benefits; enhancements to HMRC’s use of open banking; and changes to probate phone lines.
Paying HMRC using open banking – enhancement
HMRC would like to promote the use of its ‘Pay by Bank Account’ service which is available from online filing services. The service makes use of opening banking technology.
The feature is live for the following regimes:
- VAT;
The service will be available soon for:
- VAT one stop shop;
Changes to probate phone lines
From Monday 2 October, HMRC will no longer offer a dedicated probate phone line.
Source: ICAEW
Latest Posts in "United Kingdom"
- UK Considers VAT Cut on Domestic Fuel: Targeted Relief or Broad Measure?
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained