The government must exercise caution in its plans to take the tax system online, according to the new president of the Chartered Institute of Taxation (CIOT).
Anne Fairpo, who succeeds Stephen Coleclough, believes “wild enthusiasm for the wonders of technology [ought to be] tempered with practical reality”, not least because not everyone wants to deal with their own tax affairs digitally.
The first complete tax year under real-time information (RTI) for the majority of employers worked well, with only one major problem, according to the taxman.
HMRC have been conducting weekly end-of-year teleconferences with employer representatives since 31 March, at the request of Payroll Alliance, the LexisNexis service.
The department says information for 2014/2014 flowed through to its systems as expected, with the only significant obstacle being the Government Gateway server crash on 11 April.
HMRC will scan post to circulate around department
J R Swanston (TC3350)
Changes to the annual investment allowance made in this year’s Finance Bill
Issues relating to follower notices and accelerated payments in cases of marketed avoidance
Hok Ltd and other reductions of individuals’ tax rights
Knowles Warwick Ltd (TC3362)
HMRC have published the latest issue of Agent Update, the bi-monthly roundup of news for tax advisers, part of which is summarised here.
Open issues
There are 28 open issues on the register which vary in age and priority. They include:
Online accounts could be the solution, survey finds
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