Proposal to make self-assessed taxpayers pay and file sooner has been dropped


the Department of Finance proposal that self-assessed taxpayers should pay and file either in June or September, rather than in November as is currently the case, has been dropped. this followed strong opposition from the taxation and accountancy bodies. In our experience, many self-employed taxpayers are already experiencing difficulty in paying preliminary tax in November, due to the continuing recession in the domestic economy and the lack of bank credit.