Back?
Summer 2006 Newsletter


Content

Brave New World

Business Not Pleasure

Summertime Blues

All That Glitters...

Casting The Net

Trust Gordon?

It Ain't Over...

One In The Eye

Keep Your Nose Clean

Foreign Affairs

When Is A Car...

Don't Walk Away

Avoiding, The Issue

Brown Is Anti-PC

VAT's Up Doc?

Fuel's Gold

An Age-old Question?

That's Unfair!

Year In Year Out

How Hard To Try?

It's A Rip-Off!

Outlaws Win

Show Some Restraint

Not Our Problem

They Cannot Be Serious?

Merry-Go-Round

Pension Disappointments

Summertime Blues


Since the introduction of self-assessment in 1996/97, accountants have grown used to the 31 January deadline for tax returns - chasing up the last few clients, burning the midnight oil to complete the forms, struggling through the snow to deliver them...

One of the big surprises in the March Budget was a proposal to bring the filing deadline forward to 30 November in 2008. There had been no consultation about this, and it was announced as something that "will happen", rather than something that might happen.

Most people who file a lot of returns for clients are not happy about this - the work will have to be finished two months earlier, but it still has to be started no earlier than 6 April. More people will have to do more overtime in the shorter working season, and then they will not have enough to do at other times. That will push costs up. It's also likely that far more returns will have to go in with estimates on, which will lead to even more work finalising the figures later.

So, in future, tax accountants may be very good at skiing but never get a suntan. If you are one of those people who finds it hard enough to get the information ready for 31 January, please write to your MP!