Redesign of Main Tax Return
HMRC have published the Impact Assessment of redesigning the main Tax Return, by changing the Three Line Account Threshold to £30,000 and introducing new shorter self-employment pages. The purpose in redesigning the return is to simplify the compliance process and reduce the compliance burden.
A copy of the Impact Assessment is available at http://www.hmrc.gov.uk/ria/ria-redesigning-tax-return.pdf.