Chas Roy-Chowdhury, head of tax at ACCA (the Association of Chartered Certified Accountants), said: "HMRC will be sending Simple Assessment notices to many taxpayers over the coming weeks: a pre-calculated notice of tax due which negates the need for the taxpayer to fill out a self-assessment.
"This is a step forward for improving the efficiency and ease of the tax system, but I do advise those who receive a Simple Assessment notice to check their details and calculations.
"While the Simple Assessment notice is likely to be accurate for a taxpayer with one stable income, it is not yet clear how accurate these notices will be for taxpayers who need to take deductions, secondary income sources or other factors, such as pensions or gift aid, into account.
"Once the Simple Assessment is received, taxpayers have just 60 days to raise a query and provide evidence for the figures to be amended. I strongly recommend that anyone receiving a Simple Assessment notice engages early."
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Susie Hughes © Shout99 2017