HMRC's Making Tax Digital plan dropped from Finance Bill

Published by Chloe Turner on Wed, 26/04/2017 - 2:23pm

The government has dropped HM Revenue and Customs’ (HMRC) Making Tax Digital programme from the Finance Bill, which went through its remaining stages in the House of Commons on 25 April.

The scheme, which was due to hit large businesses from 2018 and small businesses from 2019 will be delayed by at least a year. It also raises the possibility that it could be scrapped altogether.