Thursday 5 October 2017

400,000 Auto Completed Tax Forms On Their Way


The Telegraph reports that HMRC has started sending out its “simple assessment form”, a form already fully completed by HMRC’s computers.

This is the beginning of a process that will see 400,000 such forms sent out by Christmas.

Good luck to those on HMRC's Christmas list!

Tax does have to be taxing.

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4 comments:

  1. Error rate (actual) 20%-30%?
    Claimed error rate <10%?

    ReplyDelete
    Replies
    1. No, figures provided by Misty Abbott, MCA CCBA ;}

      Delete
  2. Simple Assessment is actually a good idea and stops 400K worth of PAYE people having to fill in SA Returns when they are underpaid and the tax cannot be collected. Personally, this is one of HMRCs better ideas.

    ReplyDelete