08 March 2017
Increasing digitalisation is undoubtedly a move in the right direction and one which - in the end - should improve taxpayers’ interaction with HMRC and the collection of taxes. It is encouraging to see that a deferral means those at the sharp end of the new proposals get an extra 12 months to be ready. Let's hope HMRC uses the time to pilot systems thoroughly before their use is made mandatory. For those just outside the £85k threshold for a 12 month deferral from 'making tax digital' it is important that HMRC ensures the concerns that have led to the relaxation for the smallest of businesses are not forgotten in making sure implementation is a success.