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Hold your horses!
KEY POINTS
- Changes to the timetable for Making Tax Digital were inevitable.
- HMRC must provide a plan of how it wants digitalisation to work.
- Agents need to know how they fit into the MTD picture.
- Time should be spent working to meet solutions agreeable to all parties.
In the end there was a certain inevitability about the announcement of a radically revised timetable for the introduction of Making Tax Digital (MTD) (see the ‘Digital timetable delayed...’ news story on page 4). The original timetable was always very ambitious - some would say impossible – but the unprecedented political turmoil of the past year or so has caused so much havoc that it had become obvious to nearly everybody that there was no way that MTD could be ready for a 2018 launch.
Perhaps the...
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