HMRC is making tax 2020, HMRC will have moved to a fully digital tax system where:

  • bureaucratic form-filling is eradicated — taxpayers should never have to tell HMRC information it already knows;
  • unnecessary time delays are eliminated — the tax system operates much more closely to ‘real time’, keeping everyone up to date and removing the risk of missed deadlines, unnecessary penalties, debts arising and errors in the system being carried forward from one year to the next; and
  • taxpayers have access to digital accounts — with the information HMRC needs automatically uploaded, bringing an end to the tax return.  

If you would like to know more you can read further here