Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Alistair Carmichael Excerpts
Tuesday 19th April 2016

(8 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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I join my hon. Friend, who is such an excellent voice for Havant in this Parliament, in congratulating the small businesses in the Havant constituency. They are thriving, and we are helping them with major improvements to roads and infrastructure in the area.

Alistair Carmichael Portrait Mr Alistair Carmichael (Orkney and Shetland) (LD)
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T10. Ministers will have heard the concerns of small business organisations about the change to quarterly tax returns. What are they doing now that that change is in place to monitor its operation and ensure that it does not become unnecessarily burdensome to small businesses?

David Gauke Portrait Mr Gauke
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Let me be absolutely clear with the House that we are not talking about quarterly tax returns. This is not about having to do a full tax return but about reporting; indeed, the purpose of the changes is ultimately to reduce the burden on businesses. It will start to be introduced in 2018. I hope that we will set out further information about the plans in the coming weeks. The intention is to ensure that we reduce the tax gap and, ultimately, help businesses to comply with the tax system.