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Digital delay?
KEY POINTS
- Making Tax Digital provisions are dropped from the Finance Bill but this is not the end of the programme.
- Changes to the taxation of overseas pension transfers.
- Tax advantages for employee shareholders are ended.
- New obligations on public bodies employing contractors.
- VAT loophole on adapted motor vehicles is blocked.
A week or two ago a reader emailed me about an article they had seen in the Daily Telegraph saying that Making Tax Digital had been shelved. ‘Was this true?’ they asked. On investigation the article said: ‘Plans to force millions of businesses and self-employed people to file multiple tax returns each year have been shelved by the Government. The policy known as “Making Tax Digital” has been dropped from today’s Finance Bill … Experts said the decision meant...
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