The Future                    

Universal electronic delivery of business tax returns and individual tax returns by 2012 (with exceptions for non IT literate groups).

REDUCED FILING PERIODS for individual SELF ASSESSMENT tax returns for paper returns of seven months, the deadline now to be 31 October (instead of the following 31 January). The filing period for online returns is to remain ten months to 31 January.

Computer generated paper forms will no longer be accepted after 5 April 2008.

VAT returns be filed and the tax paid electronically for accounting periods starting after 31 March 2010. Online filing and electronic payment for All NEWLY registering traders (VAT).

That Corporation Tax returns for all companies be submitted electronically after 31 March 2010.

That large to medium employers should be required to use online services for starter and leaver forms (P45 and P46) from April 2009, and for smaller employers from April 2011.