The Revenue’s online filing service has been a success, according to new
Nine-out of 10 respondents to Moneysoft’s survey of 1,000 employers and
payroll bureaux said the HM Revenue & Customs’s online filing service was
far quicker and easier to use than filing by post.
Some 78% of respondents stated that 2004-05 was the first year they had
attempted to file PAYE returns online and, of those, 72% said the £250 tax
credit incentive from HMRC was the ‘main reason’ they tried it.
More than half (61%) successfully filed their end of year returns online in
less than five minutes.
‘With Revenue system crashes and reported poor communication, we were
anticipating a bleaker picture,’ said Moneysoft MD George McHamish.
‘It seems that despite a few teething troubles, overall, the system has
worked successfully. On this basis, we can expect to see a significant increase
in companies filing online next year.’
Big Four firm Deloitte has announced its investment in blockchain start-up SETL as well as a partnership with VTC Group
Clients and business advisers can now connect to small businesses through a Facebook Messenger chatbot service, provided by Xero
It has been another glittering night in the accountancy calendar. A range of practices big and small, plus outstanding individuals, have been rewarded for their efforts in the British Accountancy Awards 2016
Making Tax Digital responses to the consultations expected in January 2017