1. Software: It says "You’ll need to use compatible software to keep digital records of all your business income and expenses from your self-employment or property business. You’ll use this software to keep records and send updates." ... so what happened to the the right to use different software to keep/maintain digital records and separate (bridging) software to submit returns?
2. Quarterly dates: It says "You can use standard quarterly period dates .. or use calendar quarter dates" ... but no other options, so what happens if the proposal to 'fix' basis periods doesn't proceed?
3. EOPS: It says "Submitting an end of period statement: At the end of the tax year you need to finalise your business income. For each income source you’ll submit an end of period statement. Your software will produce statements for you. This is where you confirm that the updates you sent are correct and make any accounting adjustments" ... so EOPS includes 'any accounting adjustments' - but doesn't according to John Hemmings (who should know as a developer)?
4. Deadlines: It says "The deadline for submitting end of period statements is 31 January after the end of tax year" ... which is no longer logical with the intervention of deadlines for next 3 quarterly returns (as well as clashing badly with the 5th Feb deadline of quarter 3 of subsequent tax year)?
5. Final Declaration: It says "The final declaration replaces your Self Assessment tax return. Once you’ve finalised your income by submitting an end of period statement, you’ll need to: * tell HMRC about any personal income you have and submit claims for reliefs, and * submit your final declaration for the tax year" ... so is the Final Declaration a separate return from EOPS (as it appears you are only asked to complete the rest of the SA-like data *after* EOPS and either *before or as part of* the Final Declaration?
Given that the page is but a simple set of introductory guidance (which doesn't even mention Partnerships of any type) ... I'm looking for any feedback that points out where I've missed a trick in understanding what's been written.
P.S. At least this page has a fairly intelligble heading ... unlike its sister page at https://www.gov.uk/guidance/check-if-youre-eligible-for-making-tax-digit... Eligible?!? There's no choice involved - presumably they meant to say 'liable'!