Digital tax fails

Posted on 24 Dec 2013
Share Blog Post
Digital tax reforms have failed, claim experts Tax experts have warned that digital tax reforms, known as Making Tax Digital (MTD), which were designed to reduce the number of errors made by self-employed people on their tax returns have failed. A report by the Association of Tax Technicians (ATT) said that in 70% of cases MTD has not reduced errors. In some cases, using the new software has actually increased mistakes. The new system has also turned out to be more expensive than expected. HMRC said that the average cost of MTD would be £109 for each affected business, but the ATT found that almost half (45%) of firms said they paid between £109 and £500, while 12% claimed implementation had cost them more than £5,000.

View more blog posts

HMRC get aggressive
Posted on 27 Nov 2024
HMRC get aggressive
read more
Tax hike and job losses
Posted on 20 Nov 2024
Tax hike and job losses
read more
NIC hike to hit working people
Posted on 13 Nov 2024
NIC hike to hit working people
read more
Budget threatens business growth
Posted on 06 Nov 2024
Budget threatens business growth
read more
Back To Top
01604 660661