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1228019
registered interest false more like this
date less than 2020-07-27more like thismore than 2020-07-27
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Taxation: Electronic Government remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
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
tabling member printed
Lord West of Spithead more like this
uin HL7410 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-08-10more like thismore than 2020-08-10
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
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2020-08-10T14:30:03.077Zmore like thismore than 2020-08-10T14:30:03.077Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
3834
label Biography information for Lord West of Spithead more like this