Alternative to self-assessment offered

Link: Revenue vows to catch late self-assessment filers

The reforms, which offer self assessment taxpayers, the Pay-As-You-Earn option instead, are intended to reduce the administrative burden on the Revenue and make life easier for taxpayers.

Each year one million fail to meet the self assessment deadline and incur a £100 fine as a result.

John Whiting, tax partner at PricewaterhouseCoopers, told the Financial Times: ‘At the end of the day, you would still be paying the same amount of tax, you’re just paying it a bit earlier.’

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