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1228019
unstar this property registered interest false more like this
star this property date remove filter
star this property answering body
Treasury remove filter
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Taxation: Electronic Government remove filter
star this property house id 2 more like this
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25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the impact of the Making Tax Digital programme on the productivity of the self-employed. more like this
star this property tabling member printed
Lord West of Spithead more like this
star this property uin HL7410 more like this
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answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2020-08-10more like thismore than 2020-08-10
unstar this property answer text <p>The Government expects the Making Tax Digital programme to have a positive impact on the productivity of self-employed businesses, as set out in the Financial Secretary to the Treasury’s written ministerial statement on 21 July (HCWS400) and HMRC and HM Treasury’s publication “Building a trusted, modern tax administration” of the same date.</p><p>About 1.4 million businesses, some of whom are self-employed, have already joined Making Tax Digital (MTD) for their VAT affairs and many of these are already experiencing productivity gains associated with more digital ways of working, as set out in HMRC’s Evaluation of the MTD for VAT service published in March.</p><p> </p><p>The Enterprise Research Centre (2018) found that for micro-businesses, web-based accounting software delivered productivity increases of over 10%.</p> more like this
star this property answering member printed Lord Agnew of Oulton more like this
star this property question first answered
less than 2020-08-10T14:30:03.077Zmore like thismore than 2020-08-10T14:30:03.077Z
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4689
star this property label Biography information for Lord Agnew of Oulton more like this
star this property tabling member
3834
unstar this property label Biography information for Lord West of Spithead more like this