An attempt by government to make filing Tax Returns simpler and quicker for small business owners.
There will be a lot of worried accountants up and down the country.
Not at Critchleys though, we add value to our small business clients and our ethos is not based on just providing compliance.
'Death of the tax return'Posted at 13:23To support five million people who are self-employed, George Osborne announces, class 2 national insurance contributions for the self-employed are to be abolished entirely. And the annual paper tax return is to be abolished "altogether". That was the big story in this morning's papers and it's now been confirmed by the chancellor. "We believe people should be working for themselves, not for the taxman. Tax doesn't have to be taxing."