Lord Carter’s recommendation that the current deadline of 31 January for self
assessment tax returns be shortened to 30 September for paper returns and 30
November for online returns, has been labelled a bad idea by UK accounting
The recommendation was included as part of Carter’s Review of HMRC Online
Services’, which was released on Budget Day.
Representatives from the ICAEW, ICAS, the Institute of Chartered Accountants
in Ireland, the Chartered Institute of Taxation, ACCA, The Association of
Taxation Technicians and the Association of Accounting Technicians said that
while many of his ‘e-recommendations’ were welcome, the move on self-assessment
was ‘unexpected’ with no public consultation on the proposal.
They warned the change would impose unwelcome extra costs and additional
burdens on HM Revenue & Customs and ordinary taxpayers without producing any
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay