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HMRC have launched a new regular electronic round-up called "Agent Update", which, as the name suggests, is aimed at the agent community.

The new, bi-monthly publication includes a summary of recent HMRC announcements, publications and guidance, which HMRC believe may be of interest to tax agents and advisers. The update will also contain links to further information on the HMRC website.

The first edition includes links to the following:

• the latest information on HMRC help for customers affected by the recent floods and foot and mouth;
• new Money Laundering Regulations; and
• the latest HMRC podcasts.

It also includes entries on three key changes coming into effect in October:

• changes to VAT invoicing;
• new Construction Industry Scheme penalties; and
• mandatory online filing for registered pension schemes.

Welcoming the Update, Paul Gray, HMRC Chairman, said:

"HMRC produces a great deal of information of relevance to agents, and we hope Agent Update will help keep agents up-to-date with the most important information, in an accessible, timely and user-friendly way.

"The Update will establish a new way of talking to agents through their trusted intermediary organisations, and we are delighted that so many have agreed to distribute it on our behalf."

Agent Update will be distributed for HMRC by trade and professional bodies. It can also be downloaded from the HMRC website at http://www.hmrc.gov.uk/agents.

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HMRC launches "Agent Update"