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Digital revolution will be inclusive, says HMRC

02 February 2016
Issue: 4536 / Categories: News , Admin

HMRC has published document on digitalising tax.

HMRC has published a myth-buster document on its project to digitise tax. It is reproduced in full below:

Myth: Businesses will need to do four tax returns a year

‘No. Businesses will not need to file four tax returns a year.

‘The new digital accounts will integrate all the different information businesses already provide to HMRC into a simple streamlined system.

‘Instead of one big onerous tax return each year once a quarter businesses can check that the information they are collecting digitally is correct and simply click “send” to update HMRC.

Myth: This does not consider those who are digitally excluded

‘There is no question of forcing those who cannot go digital to do so. Help will be available for businesses who struggle to use digital tools.

‘People who genuinely can’t use digital tools will be offered alternatives like nominating someone else to update...

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