HMRC have published a summary of its accounting officer’s assessment of the Making Tax Digital programme, finding that MTD represents value for money and is deliverable. The accounting officer was Jim Harra, Chief Executive of HMRC.
The report sets out that MTD is expected to generate ‘additional tax revenue savings’ of over £6bn over 15 years (to 2033/34) ‘underpinning a healthy overall programme Return on Investment of 4.8:1’ (up from the June 2023 estimate of £3.9bn).
HMRC have published a summary of its accounting officer’s assessment of the Making Tax Digital programme, finding that MTD represents value for money and is deliverable. The accounting officer was Jim Harra, Chief Executive of HMRC.
The report sets out that MTD is expected to generate ‘additional tax revenue savings’ of over £6bn over 15 years (to 2033/34) ‘underpinning a healthy overall programme Return on Investment of 4.8:1’ (up from the June 2023 estimate of £3.9bn).