Making Tax Digital
David Gauke MP, Financial Secretary to the Treasury, has written a letter to the chairman of the Treasury Select Committee, Andrew Tyrie MP (Con, Chichester), detailing the aims of the Treasury’s “Making Tax Digital” agenda and answering some of the Committee’s concerns about the impact of proposals.
The letter explains the rationale behind “Making Tax Digital”, highlights some of the key proposals, describes the consultation process that has gone on behind creating the proposals and notes the support that HMRC plans to give to organisations implementing them. It also confirms that HMRC will be consulting widely on all aspects of the planned changes.