HMRC Digital Service update ‚ January 2019

24 Jan 2019

"HMRC's regular Talking Points provide ongoing information, guidance and tips to help you to understand tax issues.

We have more Talking Points webinars coming up. There are a limited number of spaces, so save your place now.

Making Tax Digital (MTD) for business

This webinar will cover some fundamentals in regards to getting ready for MTD VAT in more depth than previous webinars. We will cover exemptions, the Agent Services Account, spreadsheets and bridging software in more detail. We will also cover how to register businesses for the 'Public Beta Pilot' in advance of the April start date.

Tuesday 22 January ‚ 11am to midday ‚ Now full Tuesday 22 January ‚ 1pm to 2pm Tuesday 22 January ‚ 3pm to 4pm

Income from property for individual landlords‚ common themes in relation to deductions and reliefs

Concentrating on 3 areas that generate regular contact with HMRC

restricting finance cost relief for individual landlords

replacement of domestic items relief

overview of what needs to be considered when deciding whether the cost of ‚ repairs‚ is allowable as a deduction.

Wednesday 23 January ‚ 1‚ 1a‚ m to 1‚ 2.15pm Wednesday 23 January ‚ 2p‚ m to 3.15pm

Basis Periods ‚ looking at commencement years, changes to accounting date and overlapping periods

During the webinar we will focus on basis periods, a subject that‚ s prominent around the Self Assessment peaks. In particular we look at the different rules that apply to commencement years, the effect on a basis period when there is a change of accounting date and overlapping periods. We also look at some pointers when dealing with a change from sole trader to partnership and vice versa.

Thursday 24 January ‚ 1‚ 1a‚ m to midday Wednesday 30 January ‚ 1‚ 1a‚ m to 1‚ 2pm

Trade Losses

Looking at the different ways trade losses can be relieved by individuals, including examples of the different loss relief provisions, time limits applicable to each claim and further points to consider.

Thursday 24 January ‚ 1‚ pm to ‚ 2pm Wednesday 30 January ‚ 1‚ pm to ‚ 2pm

Negligible Value Claims and Share Loss Relief

Looking at certain conditions that must be met for your clients to claim an asset has become of negligible value. Also, an overview of share loss relief.

Thursday 7 February ‚ 11am to midday

An Intermediate Guide to the Enterprise Investment Scheme

This webinar will follow on from the introductory webinar on the Enterprise Investment Scheme (EIS). It will take a more in depth look at the EIS, from both a company and individual perspective. It will also provide insight from the Venture Capital Relief Team on procedural aspects of the EIS.

Friday 8 February ‚ midday to 1pm

Stamp Duty Land Tax ‚ Higher Rate for Additional Dwellings and Dwellings Purchased by Companies ‚ Relationships and Status

Stamp Duty Land Tax analysis of how the higher rate rules apply when affected by personal relationships (both formal and informal) and other situations, for example, divorce, trustees, parents supporting their children and first time buyers. The webinar will help clarify liability and potential refund position on subsequent changes of relationship status.

Wednesday 13 February midday to 1pm

If you have any questions for our subject experts, please send them to team.agentengagement [at] prior to the webinars, including the title of the meeting in the ‚ Subject‚ line of your email.

These interactive webinars will be run on the ‚ GoToWebinar‚ platform. The organiser will run through how to ask questions on the day.

Feedback received from a recent Talking Points webinar indicates that many agents would recommend them to colleagues.

If you have missed any of our earlier Talking Points webinars, you can watch the recordings here.