Mike Warburton, tax partner at Grant Thornton, said: "The PAYE system has been creaking at the hinges and has been in need of a serious review for years. British companies have been used as unpaid tax-collectors for years which is fine for big companies with payroll departments but can be a big weight on smaller ones. There are of course risks - both in terms of security and technology - but this could go a long way to helping many companies."