HMRC adds webinars for advisers

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HMRC adds webinars for advisers

HM Revenue & Customs has added its latest series of adviser events to help them manage a variety of scenarios for their clients.

The webinars, known as talking points, are interactive and can last up to an hour. They allow advisers to ask the host questions using an on-screen text box.

Advisers wishing to take part can register and sign in at least five minutes before the session starts.

The upcoming sessions on January 3 and 8 focus on income from property for individual landlords and, in particular, the changes introduced by the Finance (No 2) Act 2017 which implemented the changes announced in that year's second Budget.

They will also give guidance on how to show self-employed business expenses on a tax return, explaining what is and is not classed as an allowable business expense, and will include motoring and premises costs.

HMRC experts will be online during the webinar to take questions.

Further sessions on January 24 and 30 will look at basis periods - looking at commencement years, changes to accounting date and overlapping periods.

They will look at the different rules that apply to commencement years and the effect on a basis period when there is a change of accounting date and overlapping periods.

They will also look at how to deal with a change from sole trader to partnership, and a change from a partnership to a sole trader.

Another session will look at trade losses and the different ways trade losses can be relieved by individuals.

It will include examples of the different loss relief provisions, the time limits that apply to each claim and further points to consider.

Meanwhile HMRC pointed to existing webinars, which are still available to view online.

These include a session on the apprenticeship levy, teaching participants when they need to pay the levy how much they need to pay, and about apprenticeship funding in England.

Earlier this year the government announced a package of reforms to help employers, including advisers, take on apprentices.

Measures announced in the Chancellor's latest budget included an injection of up to £240m to halve the co-investment rate employers must pay for apprenticeship training to 5 per cent and £450m made available to enable levy paying employers to transfer up to 25 per cent of their funds to pay for apprenticeship training in their supply chains.

carmen.reichman@ft.com