Taxation: Electronic Government
(asked on 7th March 2019) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government what research they have done into the time and costs for small and medium-sized enterprises of implementing the Making Tax Digital scheme.
This question was answered on 21st March 2019
HMRC has worked extensively with stakeholders across the business and accountancy fields to help shape the design and timing of Making Tax Digital (MTD). The Government is confident that MTD will be delivered in a way that works for businesses of all sizes and sectors.
HMRC has published an Impact Assessment for MTD which was developed in consultation with external stakeholders, and informed by both quantitative and qualitative evidence.