House of Lords committee calls up HMRC chiefs to defend Making Tax Digital
Released 17 February 2017
Making Tax Digital will be back in the spotlight on Wednesday as senior HMRC officials are called up to give evidence at the House of Lords committee reviewing the draft clauses of the Finance Bill.
At an earlier session, members of the finance bill sub-committee (FBSC) of the economic affairs select committee described the proposed £10,000 threshold for Making Tax Digital as ‘ridiculous’, and claimed HMRC had demonstrated ‘a complete lack of commercial reality’ in their plans.
More details are available here.