Following the Autumn statement yesterday, HMRC has announced that it intends to move over to a fully digital system for tax returns.
One of the details featured in the announcement requires businesses to update their online account at least four times a year.
Most businesses, self-employed people and landlords will be required to keep track of their tax affairs digitally and update HMRC at least quarterly via their digital tax account, reducing errors through record keeping.
More details are promised next year, but some early questions include whether this means more regular contact with an accountant, what about people who don't have reliable internet connections or competence in computing and just how much extra work will be involved?
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