After the budget: The not so bad news! By Rebecca Benneyworth
Behind the shock of the Carter proposals for reduced filing deadlines for self assessment tax returns the Budget did include some material which might represent good news for accountants and their clients.
The upshot of KPMG's study into the extent of the administrative burden posed by the tax system on smaller businesses is a report from HMRC entitled 'Progress towards a new relationship'. This report, subtitled 'How HMRC is working to make life easier for businesses', provides interesting reading.