Making Tax Digital - Lords Economic Affairs Committee to publish follow-up report

On Thursday 22 November 2018 the House of Lords Economic Affairs Finance Bill Sub-Committee will publish its Making Tax Digital for VAT: Treating Small Businesses Fairly report. 

This report considers progress on the ‘Making Tax Digital’ programme since the Committee’s March 2017 report on Making Tax Digital for Business. In particular, the report assesses the Making Tax Digital for VAT programme, due to be implemented on 1 April 2019.

The Sub-Committee took written and oral evidence from stakeholders, including leading professional and business organisations, academia, accountants, tax advisers and software houses, as well as from HM Treasury (HMT), HM Revenue and Customs (HMRC) and the Office of Tax Simplification (OTS).