Did you know, by the year 2020, the HMRC is hoping to convert all types of businesses, individuals and landlords to a digital tax regime? That means we’ll have to wave goodbye to the classic paper assessment form.
Meanwhile, others are saying that if we remain in the EU, it will be impossible to set fair taxes. However, most larger corporations would rather remain in the EU. One thing is for sure: Brexit would have a big effect on both the job market and UK taxes.
Unfortunately, as with tax return forms, many people have registered at the last minute for the referendum. This has even led to the website crashing and the deadline being extended. Sadly, the deadline is never extended when it comes to tax returns, however.
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When paying to have a tax return form completed, the last thing you want is to be paying what feels like surplus tax. Instead, you want to feel you’re reaping the full financial benefits of your hard work.
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Please click here to read our previous article.