Making Tax Digital Contents

Contents

The End of the Tax Return?

“Making Tax Easier” becomes “Making Tax Digital”, and concerns mount

Consultation offers some concessions but still major concerns persist

3 Key points made in evidence to the Committee and elsewhere

Support for the Principle

Implementation should be deferred

The end to end process should be adequately piloted

The proposed £10,000 threshold for making MTD mandatory is too low

There should be no mandation, even for larger businesses

The MTD exemption for the “digitally excluded” should be applied widely

Specific types of organisation that should be exempt

Costs and Benefits

Making Tax Digital will bring extra costs for businesses

The revenue from reduced errors is unlikely to materialise

Software issues

Businesses will need help from HMRC in choosing the right software

Many free software and apps are likely to be inadequate

Prompts and Nudges

Communication about MTD

Conclusions and recommendations

Published written evidence

List of Reports from the Committee during the current Parliament

11 January 2017