HMRC's 27 July 2023 Stakeholder
Digest announces that assignments of income tax repayments received on or
after 20 July 2023 are no longer being accepted as non-binding nominations. In
such cases, HMRC will simply pay the taxpayer directly.
This ends HMRC's transitional concessionary treatment that had been announced
in an update to its Standard for
Agents that assignments received after 15 March 2023 (Spring Budget 2023)
would be treated as nominations.
HMRC's 27 July 2023 Stakeholder
Digest announces that assignments of income tax repayments received on or
after 20 July 2023 are no longer being accepted as non-binding nominations. In
such cases, HMRC will simply pay the taxpayer directly.
This ends HMRC's transitional concessionary treatment that had been announced
in an update to its Standard for
Agents that assignments received after 15 March 2023 (Spring Budget 2023)
would be treated as nominations.
