FCSA outraged that HMRC continues to hamper small businesses as software fails to cope with dividend tax changes
As the first tax returns are being filed since HMRC introduced the dividend tax allowance in 2016, FCSA has learned that HMRC’s software is preventing the UK’s freelancers and contractors who work through Personal Service Companies (PSCs) from submitting an online tax return. HMRC’s software cannot compute how the dividend tax allowance interacts with other…