The accounting profession has reacted with shock to the shortening of
self-assessment tax deadlines, warning it could affect the working practices of
Online filing of self-assessment returns is set to move back from 31 January
to 30 November from 2008, while paper returns must be completed by 30 September.
The announcement, made as part of the launch of the Carter Review, has been
fully accepted by HM Revenue & Customs as the blueprint for its online
But accountants say the move will put more pressure on them and their clients
to gather and process documents in time.
‘I can’t see a single good reason for doing it,’ said Paul Aplin, deputy
chairman of the ICAEW’s tax faculty.Smith & Williamson national tax director
Francesca Lagerberg said a combination of Lord Carter’s plans to increase the
use of online filing and new deadlines could place extra pressure on HMRC’s IT
Lord Carter defended his review, saying it was part of a wide consultation
that incentivised accountants to use online filing.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
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