The warning came as he first announced the development of the standard XML message to handle self assessment for the launch of the government self assessment e-filing.
The e-filing will be introduced in April and other services including payment over the web of taxis expected to be introduced by the end of the year and agent filing of SA returns in which BASDA will also be helping to develop. Dennis Keeling said: ‘We anticipate their will be some teething problems in the early days but since the first quarter the financial year is a quiet time, we expect to overcome any major problems.? BASDA is also developing schemes for PAYE internet filing and the service will be released during the next financial year.’
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals