New HMRC Toolkits

HMRC has published the updated Business Profits and Capital v Revenue Toolkits to assist agents when completing their clients' 2011-12 returns.

These toolkits provide guidance on areas of error that HMRC frequently see in returns and set out the steps that you can take to reduce those errors. They should help you to:

•ensure that returns are completed correctly, minimising errors

•focus on the areas of possible error that HMRC consider key

•demonstrate reasonable care

The updated guidance is available from HMRC.