Tuesday 15 November 2011

Online access to Personal Tax records planned

The BBC is reporting:

Big changes to tax system planned

Every taxpayer may be given online access to their tax records, the government has suggested.

The idea is part of a public consultation on making the personal tax system easier to use and understand.

Other ideas include supplying pre-filled tax returns to people in the self-assessment system using information from employers and banks.

All taxpayers may be sent an annual tax statement in addition to their normal P60 form and PAYE tax code notice.

For full story see:

http://www.bbc.co.uk/news/business-15722698