MPs urge government to avert tax digitisation ‘disaster’

UK tax professionals and business representatives have welcomed an influential parliamentary committee’s call for implementation of the Making Tax Digital project to be delayed until at least 2019, in order to address serious shortcomings that could result in “collateral damage” and a loss of taxpayer goodwill.

The cross-party Commons Treasury Committee’s report is a “damning indictment” of the government’s plans as they stand, said Mike Cherry, national chair of the Federation of Small Businesses. But HM Revenue & Customs defended the plans, telling Tax Analysts that it welcomed the committee’s “support for the digitisation of the tax system.”

Read more: My news story for Tax Analysts 14 January (paywall).

Read the Treasury Committee report: Making Tax Digital.