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It used to be the case that filling in a form and sending to the issuing office involved picking up a pen, exercising a little manual dexterity, folding, tucking the form into an envelope, adding a stamp and into the post box. Job done.
From April 2010 H M Revenue & Customs are converting this paper process into an electronic process and for some of us there will be no choice in the matter – we will have to switch on our PC’s, get online, login and file the forms online.
The reason for the change, quite simple really, if you file online the data is received, checked and processed by a machine that requires no training, does not take comfort breaks and is happy to work 24/7 as long as you can maintain its power supply.
Chamber members Hixsons Business Advisors describe details of the returns that will need filing online from April 2010.
“Every business in the UK that employs people, that stops their tax and National Insurance contributions, will need to submit their year end payroll returns online this year.
Additionally all traders that register for VAT after the 31 March 2010 and existing businesses with turnover based on 2009 returns in excess of £100,000 will have to file their VAT returns online from the 1 April 2010 - in both cases there are likely to be penalties if you either fail to file online, or if you are late filing your return.”
Anybody starting to get a nasty feeling about this? What if you live in an area where there is still no broadband access? What if you have no interest in computers or how they work? What do you do, rope in the kids in the hope you can dislodge them from Facebook long enough to file online for you?
We leave the last word on this issue to Hixsons Business Advisors.
“Providing you have internet access and reasonable computer skills you should have no problem signing up for online filing and dealing with the practical filing processes. However the clock is ticking. As we approach the end of March more and more traders will be attempting to register and the access lines may get a little congested. Best to register as soon as you can.
“Any readers who have concerns about how to register, or if they would like someone to do it for them, we are happy to receive your calls.”
So there you have it – fire up your computers or call someone who can do it for you. Seems yet again that the only winner is our Government who have transferred yet another processing cost to the hapless UK business community! |