Changes to the pay and file process

New government proposals to make self-employed taxpayers pay their tax bill earlier from next year onwards could create significant cashflow problems for small businesses, tax experts have warned.

27th October, 2013

New government proposals to make self-employed taxpayers pay their tax bill earlier from next year onwards could create significant cashflow problems for small businesses, tax experts have warned.

New European rules required the government to move the budget from its traditional December date to mid-October this year, and consideration is now being given to revising the pay and file deadline to better align with the new budgetary timetable.

According to a consultation document published by...

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