Accounting software developers are less surprised than the profession about the government’s decision to phase the annual tax return out by 2020 in favour of a more automated system.
Industry figures and the trade body BASDA have already been in contact with HMRC to volunteer their support on the project.
A week on from the announcement, the detail is still sparse. According to tax lecturer – and director of Quality Management Software – Rebecca Benneyworth, we will have to wait until after the election before we see a meaningful consultation document. Jennifer Adams was told the same thing at a recent Working Together meeting.