Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential merits of phasing in digital taxation rollout.
Information on the Making Tax Digital (MTD) rollout was given in my written statement to the House on 13 July which is available here.
http://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2017-07-13/HCWS47/
The Government’s changes to the MTD timetable which will now see MTD phased in over a longer period will ensure that businesses have plenty of time to adapt to the reforms.
HM Revenue & Customs’ impact assessment, published on 8 March, will be updated at Autumn Budget when the impacts of these changes have been fully assessed and certified.