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No more annual tax return

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    #31
    Note from that DT link it says:

    HM Revenue and Customs will automatically collate the tax affairs of millions of Britons from employers, banks and investment firms into a single “digital” tax account which can be checked at any time online
    But what about the people who earn money from occasional projects and, like my sister, are honest enough to declare it on the tax return? How will HMRC get that info automatically unless companies have to show every single payment they have made to anybody? Think we can geuss:

    HM Revenue and Customs will automatically collate the tax affairs of millions of Britons from employers, banks and investment firms and everyone's personal bank accounts into a single “digital” tax account which can be checked at any time online
    FTFY Osbourne!
    bloggoth

    If everything isn't black and white, I say, 'Why the hell not?'
    John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

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      #32
      Or maybe will be part automatic and part manual to cut down the unnecessary stuff. Beats me why I have to fill in details of state pension, the state should already have that info at least.
      bloggoth

      If everything isn't black and white, I say, 'Why the hell not?'
      John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

      Comment

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