UK Adviser Group Still Critical of Tax Office’s Digital Roadmap

Feedback from tax practitioners shows that the UK government’s digital tax reporting plans are not fit for purpose, a tax adviser group said.

The Chartered Institute of Taxation released a report on Friday with its members’ concerns about His Majesty’s Revenue and Custom’s plans for Making Tax Digital, an approach to reduce the tax gap by requiring businesses and individuals to keep digital records and submit quarterly reports.

The institute surveyed members in June and July to find that 95% are not confident about the tax office’s ability to oversee the next step of introducing the digital project for income ...