Self Assessment commercial software suppliers

Purpose
The purpose of this guide is to inform taxpayers, agents, and software developers about the availability of commercial software that can assist with submitting valid tax returns, supplementary pages, and attachments. This feature allows for easy retrieval of details from HMRC (Her Majesty’s Revenue and Customs) to help complete Self Assessment tax returns.

Effects on Industry
The use of commercial software with HMRC data integration is expected to improve the efficiency and accuracy of tax return submissions. This, in turn, may lead to reduced errors and increased taxpayer satisfaction. Additionally, software developers can now integrate their products with HMRC’s services, potentially expanding their user base and market reach.

Relevant Stakeholders
This guide affects taxpayers, including individuals and agents, who use commercial software to prepare and submit their Self Assessment tax returns. Software developers and suppliers of accounting and tax preparation software are also stakeholders, as they can now integrate their products with HMRC’s services. This may impact the development and marketing strategies of these companies.

Next Steps
Taxpayers and agents should check with their software supplier to determine if their product includes the feature for retrieving HMRC data. If so, they can utilize this functionality to complete their Self Assessment tax return or that of their clients. Software developers should consider integrating their products with HMRC’s services to provide a more comprehensive solution for taxpayers.