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<p>The Government is currently considering the responses to the Making Tax Digital
consultations and will publish its response, draft legislation as well as the Tax
Information and Impact Note in January. Issues specific to rural businesses will be
assessed as part of this process.</p><p> </p><p>The consultations have gathered evidence
on both the nature and deployment of financial support to assist businesses with the
transition to Making Tax Digital. For those businesses who are digitally excluded
it is the intention of the Government to exempt them from Making Tax Digital and the
consultations have sought feedback on the appropriate criteria. The Government will
publish its response to the consultations in January.</p><p> </p><p>At the Autumn
Statement 2016, the Government announced £1 billion of new funding to boost UK's digital
infrastructure. This includes further rollout of fibre broadband networks, enabling
faster connections for businesses, helping build a better more productive economy
for all.</p><p> </p><p>The majority of businesses, whether VAT registered or not,
want to get their tax right, but the recent tax gap figures show that too many business
still find that hard. Making Tax Digital will reduce the likelihood of time-consuming
errors, lower the chance of compliance checks and give businesses greater certainty
that they are getting things right. VAT registered businesses will be able to provide
a single update covering both income tax and VAT if they wish.</p>
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