MTD should be piloted
Posted by mostafa on 31 October, 2016
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This item was filled under Tax
The introduction of Making Tax Digital (MTD) should not be rushed, according to the House of Commons’ Treasury Committee.
After hearing evidence from the Federation of Small Businesses (FSB) that implementing MTD is likely to cost businesses £2,770 a year on average, Andrew Tyrie, committee chair, wrote to the chancellor of the exchequer saying it ‘may trigger their closure&…