Quarterly reporting ... oh dear.
Now have they fixed VAT so its pay monthly over say £1k owed? Same for PAYE.
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Reply to: Personal tax accounts launched by HMRC
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Previously on "Personal tax accounts launched by HMRC"
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Personal tax accounts launched by HMRC
Personal tax accounts launched by HMRC - BBC News
The new system of personal tax accounts, which will eventually replace annual tax returns, is being launched by HM Revenue & Customs (HMRC).
The system of online accounts will be similar to online banking, HMRC says.
The new accounts will allow people to see their tax details and make payments at any time of the day or year.
The roll-out for individuals is being phased in, for people currently in the self-assessment system.
All personal taxpayers will have personal accounts by April next year, as will all of the country's five million small businesses.Tags: None
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