RegulationAccounting StandardsReaction to Carter on filing deadlines

Reaction to Carter on filing deadlines

Profession boosted by Lord Carter's comments on SA filing deadlines

Accounting professionals have already expressed their delight at comments
from Lord Carter this morning over his willingness to revisit plans to bring
forward self-assessment tax filing deadlines.

ICAEW tax faculty chair Francesca Lagerberg said that Lord Carter’s comments
proved he was listening to points that had been made by the profession since his
Budget statement.

‘We’re delighted he’s prepared to come back. There are no guarantees but it’s
a positive step forward.’

ACCA head of tax Chas-Roy Chowdhury welcomed the statement, saying it was a
‘pragmatic view’ taken due to the consequences of the shifting deadline being
publicised and the views expressed.

But Roy-Chowdhury also warned that this did not mean there was a ‘done deal’
over reassessing the deadlines.

‘It’s just part of ongoing discussions.’

HMRC said it continued to ‘discuss the impacts with the accountancy bodies as
part of the discussions on the partial regulatory impact assessment’.

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