David Jetuah, Accountancy Age, Monday 17 May 2010 at 14:39:00

Taxman releases new guides with helpful information including checklists, links to online guidance and examples of frequent errors and how to avoid them


The taxman has released six free toolkits to help advisers avoid common errors when filing their clients? returns.

The toolkits cover, Capital Gains Tax for land and buildings, Marginal Small Companies? relief, Private and Personal expenditure (Income Tax Self Assessment), Trust and Estates, Capital Gains Tax for trust and estates (supplement)

and capital Allowances for plant and machinery.

HMRevenue & Customs worked closely with advisers and the accountancy professional bodies in developing the toolkits, which were pilot tested by around 600 firms, tax practitioners and solicitors during the course of last year.

Brian Redford, head of HMRC?s Business Engagement Team, said:

"The toolkits are free and easy to use. Agents do not have to use them but because they are designed with the help of the agent community they are packed with helpful information including checklists, links to online guidance and examples of frequent errors and how to avoid them."

Related links:

Download the toolkits here