Settling digital tax disputes

Posted on 12 Jul 2016
Share Blog Post

 Tyrie calls for pilot scheme to settle digital taxes dispute

Treasury Committee chair Andrew Tyrie has recommended that a pilot is needed on the government"s Making Tax Digital project, as concerns mount over the "administrative burden" involved. Mr Tyrie said feedback from Jane Ellison, financial secretary to the Treasury, and Mike Cherry, chairman of the FSB, reflected “huge differences… about the administrative burden of making tax digital.” The FSB believes that with the new system, businesses could spend three times as long on their tax obligations as they currently do, which could cost around £3,000 a year in time, salaries and accountants" fees. Mr Tyrie said the disagreement reflected the need for the implementation of the Treasury Committee"s recommendation for "a comprehensive pilot" of the system, "before mandatory roll out of the digital regime".

Source: City AM (28/03/2017)   

View more blog posts

HMRC to close phone lines
Posted on 25 Mar 2024
HMRC to close phone lines
read more
More people in higher rate tax
Posted on 18 Mar 2024
More people in higher rate tax
read more
Tax cuts illusory
Posted on 13 Mar 2024
Tax cuts illusory
read more
MTD extended
Posted on 01 Mar 2024
MTD extended
read more
Back To Top
01604 660661