Comment: Real-time reporting is on the cards for tax payers

The world has changed in the 56 years since the PAYE system was introduced, writes Emma Kennedy

24th October, 2016
October 31 is the pay-and-file deadline for self-assessed taxpayers Pic: Pixabay

For the hundreds of thousands of people who are liable to pay income tax under the self-assessment system, October 31 - that’s next Monday - is a key date.

By then, those who are taxed via the self-assessment system must file their return for 2015, pay the balance of last year's tax bill and pay preliminary tax for this year.

Bear in mind that the pay-and-file deadline is not just for the self-employed. Anyone with...

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