Tax year should be moved without delay

An Office of Tax Simplification (‘OTS’) review on moving the tax year from 5 April to 31 March makes complete sense, and the government and HM Revenue & Customs (‘HMRC’) should press ahead with the implementation as soon as possible, say leading tax and advisory firm Blick Rothenberg Nimesh Shah, CEO at the firm said: “Although the change only involves 5 days, there will be need to careful consideration given to HMRC’s systems, which are presently hardwired to 5 April.…

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