The Institute is considering making submissions to HMRC on two consultations which are currently open and would welcome your views by 1pm on Monday 29 May 2023. More detail on each consultation is available at the consultation link.
Expanding the cash basis – closes 7 June 2023
This consultation is seeking views on options for extending the income tax cash basis for self-employed businesses which would allow more businesses to use the simpler regime.
Simplifying and modernising HMRC's Income Tax services through the tax administration framework – closes 7 June 2023
This discussion document explores how HMRC can simplify and modernise HMRC’s income tax services as part of its Tax Administration Framework Review. It sets out HMRC’s intention to move to a digital by default approach for some of its outputs, seeks views on improving Pay As You Earn processes, and launches a review of the Income Tax Self-Assessment criteria.
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