Finance bill inquiry 2017

ACCA's written evidence to the UK's House of Lords Finance bill subcommittee, in response to a call for evidence for the annual inquiry into the UK Finance Bill.

ACCA has submitted written evidence to the UK’s House of Lords Finance bill subcommittee, in response to a call for evidence for the annual inquiry into the UK Finance Bill.

The call this year focused on the ambitious plans for Making Tax Digital, and addressed both the underlying evidence in support of the policy and its impact on the tax gap, and also the likely impacts on taxpayers, their agents and HMRC’s own service levels.

ACCA’s evidence draws on both member feedback and detailed technical analysis, incorporating details from other HMRC change programmes such as the Estates Reorganisation which will see HMRC cut its physical offices from 193 to 13 during the period of MTD rollout, to try to illustrate the wider impact of the various interconnected aspects of these changes to the tax system. It sits alongside our evidence to the Public Accounts Committee and the Treasury Select Committee, who have also addressed HMRC’s proposals.