The Fed encourages members to use new HMRC “Tax Confident” website

The Fed is encouraging members to engage with His Majesty’s Revenue and Customs (HMRC’s) new “Tax Confident” website which helps explain the basics of tax management for people across the country, including those running small businesses.

The website can be accessed through the Government’s website here: https://www.gov.uk/government/news/got-agap-in-your-tax-knowledge-get-tax-confident and as well as features linked to retirement planning, Fed members may be interested in the small business section: https://taxconfident.campaign.gov.uk/small-businesses-and-tax/

Myrtle Lloyd, HMRC’s Chief Customer Officer, said:   “We know that tax can feel confusing at times, especially when you are not sure where to start. HMRC’s Tax Confident website is here to help people get to grips with the basics, covering everything from the tax essentials for new businesses to the need-to-knows for retirement.  Tax Confident is designed to help you feel informed, capable and in control when it comes to managing your tax”

The Fed’s Political Engagement Coordinator Doug Oliver said: “The Fed always tells Government that our members work extremely hard to deal with the day-day management of their shops and that they do not often have the time or resource bigger businesses have for undertaking certain back office tasks. Consequently, we hope this tool could be a useful way of sharing certain useful basic information about tax for our members; the site was only launched this March, so we look forward to seeing how it develops and hopefully expands in the coming months.”