It may come as no surprise to many business people that HMRC have again announced that their MTD (Making Tax Digital) for Self Assessment Tax Returns has been deferred yet again.
MTD was first introduced
as a concept by then Chancellor George Osborne in 2015 and was planned to be
operational by 2018.
It has been kicked further
down the road several times now and the latest announcement follows an
“Emergency Meeting” between Government and software developers which might
seem to suggest that it is still not fit for purpose operationally.
The Financial Secretary to
the Treasury in announcing the deferral said that people need more time to
prepare for the change. She was careful to use the word “people” as clearly
taxpayers have been aware of it for 6 years now and presumably a lot of money
has been spent on the IT infrastructure in readiness for it to begin, so which
people need more time?
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