A colossal 92% said they needed a simpler form to fill in while 73% still find the process ‘difficult or time-consuming’.
Penny Hamilton, president of the CIOT, said the key to improving the self-assessment form was to simplify the tax system. ‘Although we are encouraged by the increase in the number of MPs attempting to fill in their own tax returns it is not surprising 74% of MPs still fail to complete the forms without help.’
The government is to scrap the tax on bingo stakes as part of an effort to boost the industry.
Economic secretary to the Treasury John Healey announced a consultation on the plan saying: ‘If we can repeat for bingo the success of our tax reforms for betting and the pools, we will help to make the next 20 years ones of growth and development for bingo clubs, and help to safeguard their place in the heart of our local communities.’
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy