One size fits all! How many times have you seen that on a clothing or accessories label? The instances where one item really would fit people of different shapes and sizes are few and far between. The first item that comes to mind is a cap, but even then, the cap would likely be adjustable.

Thankfully, the Office of Tax Simplification (OTS) recognised this in its latest report, Tax reporting and payment: Simplifying tax for self-employed people and residential landlords. It accepted that one system would not suit all when it comes to tax payments to be made by the self employed and landlords.