Parliamentary Committees and Public Enquiries
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Powers of HMRC and Making Tax Digital reports debated
Today the House of Lords is debating two reports from the Economic Affairs Finance Bill Sub-Committee: The Powers of HMRC: Treating Taxpayers Fairly and Making Tax Digital for VAT: Treating Small Businesses Fairly.
- Parliament TV: House of Lords
- Inquiry: Draft Finance Bill 2018
- Report: Making Tax Digital for VAT: Treating Small Businesses Fairly
- Report: The Powers of HMRC: Treating Taxpayers Fairly
- Government Response: Making Tax Digital for VAT: Treating Small Businesses Fairly
- Government Response: The Powers of HMRC: Treating Taxpayers Fairly
- Economic Affairs Finance Bill Sub-Committee
The reports
The Powers of HMRC: Treating Taxpayers Fairly, published on 4 December 2018, examines developments in the balance of powers and safeguards between Her Majesty’s Revenue and Customs and the taxpayer.
Making Tax Digital for VAT: Treating Small Businesses Fairly, published on 22 November 2018, considers the progress of the ‘Making Tax Digital’ programme since the Sub-Committee’s March 2017 report, Making Tax Digital for Business.
The debate
When opening the debate, the Chairman of the Economic Affairs Committee and its Finance Bill Sub-Committee, Lord Forsyth of Drumlean, covered topics such as:
- Taxpayer safeguards and access to justice;
- HMRC culture;
- The Loan Charge;
- The cost of Making Tax Digital for VAT (MTD for VAT) to businesses;
- The readiness of businesses for MTD for VAT;
- The rationale and timetable for the overall Making Tax Digital programme.
Other members of the House of Lords that spoke in this debate include:
Further information
Original article link: https://www.parliament.uk/business/committees/committees-a-z/lords-select/economic-affairs-committee/news-parliament-2017/fbsc-reports-debated/