September 6th, 2019 / Insight posted in

Personal tax – compliance

Self Assessment as we know it was introduced in 1997 and there are proposals for a dramatic overhaul of the regime as part of the Government’s tax simplification strategy. With institutions sharing information directly with HM Revenue & Customs (HMRC) as it targets tax evasion and avoidance, it is more important than ever that personal tax compliance is undertaken on a timely basis, with appropriate disclosures.