The original 2020 launch date was “unviable”.
Making Tax Digital said to cost £1.3bn
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Government Announcements
Government may scrap oil and gas windfall tax
Levy will remain in place unless prices drop.
Self-assessment helpline to close for three months
HMRC will focus resources on other ‘problem calls’.
Employee share schemes under review
The Government aims to simplify the system.
Self-assessment threshold increases to £150,000
Fewer PAYE taxpayers will submit returns in 2023/24.
HMRC plans to simplify construction industry scheme
The scheme may be causing “unnecessary” administrative burdens.
VAT registration helpline set to close
HMRC will prioritise registration applications.
Retail sales grow steadily in April
Retailers hope sales will improve over the summer.
Strike action will impact HMRC helplines.
Over 400 HMRC employees will strike from 10 May.
Government launches cryptoassets consultation
Proposed changes will introduce new rules for DeFi transactions.
Government extends VAT exemption for pharmacists
New zero-rating rules apply from 1 May.
Government writes off nearly £1bn in Covid grants
Public Accounts Committee criticises business department.
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