Making Tax Digital

Following the announcement of a snap general election to take place on 8 June 2017, the Government dropped clauses relating to Making Tax Digital from the Finance Bill 2017 so that it could quickly receive approval from MPs before Parliament dissolved. The policy is now on hold until after the election.

While Making Tax Digital is currently on hold, the Government has said that the clauses dropped from the Finance Bill remain policy and it intends to put forward legislation at the start of the new Parliament to enact them.

We will update this page as details of any new legislation are announced after the election.

Tax will be 100 per cent digital by 2020

At the end of 2015, HM Revenue & Customs (HMRC) announced ambitious plans to move to a fully digital tax system by 2020.

Since the announcements, very little information has been unearthed regarding exactly what HMRC’s changes entail, how the new system will work, or what obligations business and personal tax payers will have under the new legislation.

That’s why Simon Denton, our resident Tax Specialist at Milsted Langdon, has put together this: our new Making Tax Digital (MTD) advice page, where Simon will be keeping our clients updated on HMRC’s plans via regular press releases and blogs.

Press Releases

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