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Concerns over HMRC plans for mandation of MTD.
KEY POINTS
- More than 3 000 responses were made to the MTD consultations.
- People support the digital concept but not the way HMRC wants to impose it.
- HMRC must present a convincing case about cost savings that MTD will provide.
- Mandation is simply the wrong approach.
- MTD must not add another administration burden to business.
Over the years I have probably written more about digital tax administration than any other subject. My firm transmitted the UK’s first electronic personal tax return in 1997 we were the first agents to file a client’s return by internet and we have beta-tested almost every new HMRC e-filing initiative over the past 20 years. Digital technology has transformed the way the firm operates and over the next few years I believe digital developments...
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