Making Tax Digital: Committee Chair urges caution over reforms
18 September 2016
Rt Hon. Andrew Tyrie MP, Chairman of the Treasury Committee, has written to Rt Hon. Philip Hammond MP, Chancellor of the Exchequer, to urge caution over the implementation of the Making Tax Digital reforms.
- Letter from Committee Chair to Chancellor of the Exchequer regarding Making Tax Digital, 15 September 2016
- Treasury Committee
Chair's comments
Commenting on the correspondence, Mr Tyrie said:
"These proposals have already been in the making for nearly two years. The earliest that they could be implemented is 2018. This timetable, with draft Finance Bill clauses published around the time of the Autumn Statement, may make it difficult to respond adequately to the points made in the consultation.
Much depends on the consultation responses. They may require a delay. Getting this right matters a lot, particularly to the small businesses who could be hit hard by a mistake."
Further information
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