HM Revenue & Customs has already accepted a record number of internet
self assessment filings, as it prepares for the last critical hours before the
31 January deadline passes.
So far 1.6m SA filings have been made online, a 38% increase on last year’s
An HMRC spokeswoman said that ‘everything’s working fine’ with its online
filing system at the moment, and had not experienced any downtime over the last
Paymaster general Dawn Primarolo expected one million SA taxpayers to miss
tonight’s deadline, who will be hit with an automatic £100 fine. That would put
the total fines to be issued at around £100m.
Ten million taxpayers are calculated as self assessment-eligible.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
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If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned