Tax forms escape for elderly.
THE Inland Revenue Inland Revenue
(in Britain and New Zealand) a government department that collects major direct taxes, such as income tax
Noun 1. has announced that 400,000 people, many of them pensioners, will be taken out of tax self assessment this year in a move designed to simplify their tax affairs.
The decision means many elderly and low income workers will not need to complete a tax return for the 1999-2000 tax year.
From next April taxpayers who have income up to pounds 2,500 which is not taxed at source will no longer be asked to fill in a tax return.
Instead the tax will be levied by changing the tax code on their main income.
The changes will affect around 200,000 pensioners with small incomes from private investments, and about 200,000 workers on low incomes.
Paymaster General Dawn Primarolo Dawn Primarolo (born 2 May 1954 in London) is a British Labour Member of Parliament representing Bristol South. Since 29 June 2007 she has been the Minister of State for Public Health at the Department of Health. said: ''This change will cut red tape and bureaucracy bureaucracy (byrŏk`rəsē), the administrative structure of any large organization, public or private. , and will especially benefit pensioners who will no longer have to fill out self assessment forms.
The decision was given a ''guarded welcome'' by the Low Incomes Tax Reform Group which has repeatedly urged the Inland Revenue to introduce a system to protect older people on lower incomes from the pressure of self assessment.