HMRC has issued a reminder that, from 26 February 2024, paid tax agents submitting P87 and MATCF claims on behalf of others, and who want to receive repayment on behalf of a client, will need to provide their agent reference number (ARN) when submitting the forms. There is a required field to complete the ARN.
And the tax authority said that failure to add an ARN to the designated nomination section on or after this date will result in repayments for valid claims being paid directly to the taxpayer, instead of the nominated third party.
In it monthly Agent Update publication it said: “[Agents] will also need to make sure your client has completed the section that informs us whether they are nominating a professional to act on their behalf for the purposes of the repayment claim. Failure to select ‘Yes’ or ‘No’ in the appropriate section could also result in repayments for valid claims being paid directly to the taxpayer, instead of the nominated third party.”
