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To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the technological capacity of small businesses to move to a quarterly digital tax reporting system by 2020.
To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the technological capacity of small businesses to move to a quarterly digital tax reporting system by 2020.
In the context of the Making Tax Digital programme, HM Revenue and Customs (HMRC) has developed a strong understanding of the technological capability of small businesses.
The vast majority of small businesses are already engaging with HMRC online. For example, 95% of VAT returns and 98% of Corporation Tax returns are submitted online, while a record 89% of self-assessment returns were submitted online in January 2016. In addition, many are already using digital tools to deal with their tax affairs.
HMRC has additional research underway to further explore digital capability issues. The Department recognises that some people will need support to transition to dealing with their tax affairs digitally and will help those who may struggle to adapt.
The Government will consult on the details of the Making Tax Digital proposals throughout 2016, including digital capability issues.
To ask Mr Chancellor of the Exchequer, whether a manual reporting option will remain available to small businesses under the proposal to move to a quarterly digital tax reporting system by 2020.
To ask Mr Chancellor of the Exchequer, whether a manual reporting option will remain available to small businesses under the proposal to move to a quarterly digital tax reporting system by 2020.
The Government will consult on the details of the Making Tax Digital proposals throughout 2016, including digital exclusion issues.
HM Revenue and Customs’ (HMRC) vision is for everyone to deal with their tax affairs digitally by default, although the Department does of course recognise its responsibility and legal duty to ensure equal and fair access to services. For those who genuinely cannot get online, for example due to disability, geographical or other reasons, non-digital alternatives will be provided.
To ask Mr Chancellor of the Exchequer, what recent discussions he has had with small businesses and small business associations on the proposal to move to a quarterly digital tax reporting system by 2020.
To ask Mr Chancellor of the Exchequer, what recent discussions he has had with small businesses and small business associations on the proposal to move to a quarterly digital tax reporting system by 2020.
Both I and officials from HM Treasury and HM Revenue and Customs have discussed the Making Tax Digital reforms with a wide range of professional bodies and advisory groups representing small businesses and the self-employed.
The Government has recently concluded an initial 4 week consultation with businesses on the Making Tax Digital reforms. Further consultations will take place with all stakeholders throughout 2016.
To ask Mr Chancellor of the Exchequer, what his estimate is of the average cost to (a) self-employed people and (b) small businesses of moving from annual to quarterly digital tax reporting by 2020.
To ask Mr Chancellor of the Exchequer, what his estimate is of the average cost to (a) self-employed people and (b) small businesses of moving from annual to quarterly digital tax reporting by 2020.
I refer the honourable Member to my response of 11 January 2016 (with references 20876 and 21032).
In the longer term we expect these changes will lead to a reduction in business administration costs. Updating HM Revenue and Customs (HMRC) through software or apps will deliver a light-touch process, much less burdensome and time-consuming than it is today.
HMRC will produce an initial draft impact assessment alongside the formal consultation process, which will start this spring. As with any other tax measure, a detailed assessment of the impact on administrative burdens will be published alongside draft legislation, expected to be in December 2016.