In February 2024 Treasury Minutes, the UK government has responded to various points raised by the Public Accounts Committee (PAC) in relation to the making tax digital programme. Alongside setting out various tasks already underway and reiterating general commitments to meeting timescales and budgets, key points to note include:
acknowledgement that, although Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) ‘remains challenging’, the timetable is nevertheless ‘realistic’ in the government’s view;
a recap of the Autumn Statement 2023 changes, and the commitment to resolve issues around multiple agents ‘by April 2026’;
by Spring 2025, a commitment to review costs and design changes before presenting the case for extending MTD for ITSA to taxpayers with income below £30,000.
The government does not intend to publish an assessment of the impact of more frequent, digital submissions of self-assessment data on tax revenue as compared to the pre-MTD position, according to the response.
In February 2024 Treasury Minutes, the UK government has responded to various points raised by the Public Accounts Committee (PAC) in relation to the making tax digital programme. Alongside setting out various tasks already underway and reiterating general commitments to meeting timescales and budgets, key points to note include:
acknowledgement that, although Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) ‘remains challenging’, the timetable is nevertheless ‘realistic’ in the government’s view;
a recap of the Autumn Statement 2023 changes, and the commitment to resolve issues around multiple agents ‘by April 2026’;
by Spring 2025, a commitment to review costs and design changes before presenting the case for extending MTD for ITSA to taxpayers with income below £30,000.
The government does not intend to publish an assessment of the impact of more frequent, digital submissions of self-assessment data on tax revenue as compared to the pre-MTD position, according to the response.
