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registered interest false more like this
date less than 2021-05-25more like thismore than 2021-05-25
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 steps they are taking to increase awareness of the impact of 'Making Tax Digital' on tax. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL589 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2021-06-08more like thismore than 2021-06-08
answer text <p>The Government is committed to ensuring that businesses within scope of Making Tax Digital (MTD) understand the impact it will have on their business. All taxpayers within scope of MTD will receive direct contact from HMRC in advance of mandation outlining the changes and explaining how to comply.</p><p> </p><p>HMRC engage extensively with taxpayers, agents, and representative bodies to raise awareness of MTD through stakeholder forums, public events, webinars, social media, and publishing information and guidance on GOV.UK.</p><p> </p><p>MTD does not change the amount of tax a business has to pay, but rather when and how it reports tax information to HMRC. Two independent research studies commissioned by HMRC have found that small businesses that had joined MTD for VAT with fully integrated software reported spending less time on their tax and making fewer errors.</p> more like this
answering member printed Lord Agnew of Oulton more like this
question first answered
less than 2021-06-08T11:42:39.917Zmore like thismore than 2021-06-08T11:42:39.917Z
answering member
4689
label Biography information for Lord Agnew of Oulton more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this