Farmers, small businesses and landlords provide evidence on tax
20 February 2017
On Monday 20 February 2017 farmers, small businesses and landlords give evidence to the Economic Affairs Finance Bill Sub-Committee on the Government's proposals to Make Tax Digital (MTD) that will see small businesses and residential landlords keeping digital records and providing quarterly updates.
- Parliament TV: Draft Finance Bill 2017
- Inquiry: Draft Finance Bill Sub-Committee
- Economic Affairs Finance Bill Sub-Committee
Monday 20 February in Committee Room 1, Palace of Westminster
- Mr Michael Parker, Head of Tax, National Farmers Union
- Mr Roger Southam, Member, Administrative Burdens Advisory Board (ABAB)
- Mr Edward Woodall, Head of Policy and Public Affairs, Association of Convenience Stores
- Mr Douglas Haig, Vice-Chairman and Director of Wales, Residential Landlords Association
Topics for discussion
The Finance Bill Sub-Committee asks questions including:
- Do small businesses know about HMRC's plans and are they ready to start submitting quarterly returns to HMRC in April 2018?
- What are the potential benefits of this change for small businesses?
- What could be done to encourage small businesses to adopt digital ways of working?
- What are the particular challenges for farmers and rural businesses?
- Is HMRC's estimate of the costs to business too low?
- Is HMRC right to start Making Tax Digital with the smallest businesses?
- Has HMRC listened to the concerns of small businesses?