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19 October 2016
Correspondence from readers on topical subjects
Making Tax Digital
I have many criticisms of what has been suggested in the Making Tax Digital (MTD) consultation documents published on 15 August. I have set out what I believe to be the most significant of these from my perspective of more than 50 years as a member of the Institute of Chartered Accountants in England and Wales and as a tax practitioner for most of this time. HMRC needs to make several changes to its proposals or there is a risk of chaos.
Guinea pigs
I believe that HMRC has got its proposals the wrong way round and clearly does not understand how small businesses operate. To arrange for their owners to be the guinea pigs for MTD is wrong when a large proportion of those affected by the...
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