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25/11/18 21:25

Fixing a System that was not broken.


The VAT system was not broken. It was a well understood process, with Returns submitted online on HMRC's simple portal. Whether by the influence of IT bookkeeping vendors, or misguided thinking within HMRC, this system is to be removed and the onus put on business to buy software, understand it and submit the same numbers themselves. A House of Lords Report says this is daft, but will anyone in the Treasury listen or care?


https://www.theregister.co.uk/2018/11/22/hmrc_digital_tax_small_business_delay/


Fixing a System that was not broken.


Written by: Norman Elliott FCA
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