Please can someone advise on what is needed. This seems to be all about replacing the annual tax return with an annual return (tax return) plus 4 more to make us one of the simplest tax adminsitation in the world (honest it is as someone said so!). So what is covered (unless you can be exluded).
- self employed with income over £10k
- landlords with income over £10k
- Is it also anyone with income (ex PAYE) over £10k reported on a tax return? So Ltd company clients may well be included?