HMRC have changed the way in which they will assess some taxpayers removing the need for these individuals to complete a Self Assessment Tax Return. These changes took effect from September 2017. The affected taxpayers fall into one of two categories:
HMRC state: ‘HMRC will write to customers from September 2017 with a tax calculation. This could be a P800 or a Simple Assessment letter (PA302). The letter will show their:
Should customers miss the deadline they should contact HMRC to discuss their circumstances or financial penalties will be applied in line with current policy. If customers are not happy with the follow-up response from HMRC, they have 30 days to appeal against the decision.’ If you would like help with your personal tax affairs please get in touch. Internet link: GOV.UK briefing policy paper Comments are closed.
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