MPs on the Treasury Committee resumed their UK tax policy inquiry this week and much of the discussion concerned the Making Tax Digital project, which is the subject of six HMRC consultations, an apparent lack of awareness among small businesses, and a great deal of uncertainty among those who do know about MTD.
My tweets during the live broadcast, reproduced below (latest first), captured just a few of the key points made during the committee hearing by Bill Dodwell, president of the Chartered Institute of Taxation, and three representatives of small business. We can expect a transcript of the hearing to be published soon.
There have been some interesting responses from tax commentators, which you can read by following the timestamp links. And there are two new threads, where the author has quoted a tweet but not replied directly: