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Issue:
4494
/
Categories:
Comment & Analysis
, Budget 2015
, digital accounts
, Admin
, Online
, Self assessment
Pros and cons of the proposed digital accounts for taxpayers
KEY POINTS
- Budget proposals include a digital tax account.
- HMRC will populate the account with information from various sources.
- Software developers believe the project to be ambitious but deliverable.
- The effect on those who suffer digital exclusion.
- Will these mean more practitioners must embrace digital technology?
What did you do at the beginning of February? If the answer is that you breathed a great sigh of relief and went off to somewhere sunny for a well-earned break then read on: change is coming.
Whether that turns out to be a good thing or not will become clearer. If you worked absurd hours in December and January to complete your clients’ tax returns on time the change may be a good thing in terms of your own personal stress levels ...
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