BACK IN 2015, the Treasury announced a desire to abolish the tax return and last year it took a step toward that aim, introducing legislation for a new form of tax collection - simple assessments. The plan is to eventually remove two million taxpayers from the self assessment system and the first tranche of taxpayers being targeted are those where the PAYE system alone cannot deal with the tax liability, but where HMRC has sufficient information to determine the tax position and issue a demand for payment.
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