House of Lords committee calls up HMRC chiefs to defend Making Tax Digital
Making Tax Digital will be back in the spotlight on Wednesday as sneior HMRC officials are called up to give evidence at the House of Lords committee reviewing the draft clauses of the Finance Bill
17 Feb 2017
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.
The FBSC is looking at whether the measures proposed in the draft bill contribute to the modernisation, simplification and efficiency of the tax system and well as their impact on the compliance burden and other costs borne by taxpayers, particularly smaller businesses and private landlords.
There are two evidence sessions scheduled. On Monday afternoon, 20 February, the committee will hear from Michael Parker, head of tax at the National Farmers Union, as well as representatives of trade bodies for convenience stories and landlords.
On Wednesday afternoon 22 February, Theresa Middleton, HMRC programme director for Making Tax Digital (Business), Jim Harra, HMRC director general, customer strategy and tax design, and Lucy Pink, deputy director, tax administration spending and reform at the Treasury, will be grilled by the committee.
The committee is due to publish its report by the end of March.
The House of Lords session on 20 February starts at 2.05pm and can be viewed here