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Quarterly Tax Returns - Landlord Exemption


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The Sunday press carries an article suggesting landlords (& small businesses) are to be exempted from submitting quarterly tax returns as proposed in Osbourne budget earlier this year.

So, good news......less red tape.

The concession is expected to be outlined tomorrow in a Treasury consultation paper.

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It was the correct decision as well.  For small business and landlords it was going to be an awful lot of extra work and cost.

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