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In the longer term we expect these changes will lead to a reduction in business administration costs. Updating HM Revenue and Customs (HMRC) through software or apps will deliver a light-touch process, much less burdensome and time-consuming than it is today.
HMRC will produce an initial draft impact assessment alongside the formal consultation process, which will start this spring. As with any other tax measure, a detailed assessment of the impact on administrative burdens will be published alongside draft legislation, expected to be in December 2016.