HM Revenue and Customs is investigating whether to deduct tax, pay-check by
pay-check under plans to reform the PAYE system,
Daily Telegraph reports.
Under the system, monthly payments would go through HMRC with workers being
handed the net salary. Accountants, lawyers and businesses are being consulted
to the Telegraph, which follows revelations millions of tax payers had over
or underpaid tax..
The system may end the practice of receiving pay slips, with employers
reliant on HMRC to make deductions.
"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
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