LORDS

Farmers, small businesses and landlords provide evidence on tax

20 February 2017

On Monday 20 February 2017 farmers, small businesses and landlords give evidence to the Economic Affairs Finance Bill Sub-Committee on the Government's proposals to Make Tax Digital (MTD) that will see small businesses and residential landlords keeping digital records and providing quarterly updates.

Witnesses

Monday 20 February in Committee Room 1, Palace of Westminster

At 2.05pm

  • Mr Michael Parker, Head of Tax, National Farmers Union
  • Mr Roger Southam, Member, Administrative Burdens Advisory Board (ABAB)
  • Mr Edward Woodall, Head of Policy and Public Affairs, Association of Convenience Stores

At 2.50pm

  • Mr Douglas Haig, Vice-Chairman and Director of Wales, Residential Landlords Association

Topics for discussion

The Finance Bill Sub-Committee asks questions including:

  • Do small businesses know about HMRC's plans and are they ready to start submitting quarterly returns to HMRC in April 2018?
  • What are the potential benefits of this change for small businesses?
  • What could be done to encourage small businesses to adopt digital ways of working?
  • What are the particular challenges for farmers and rural businesses?
  • Is HMRC's estimate of the costs to business too low?
  • Is HMRC right to start Making Tax Digital with the smallest businesses?
  • Has HMRC listened to the concerns of small businesses?

Further information

Image: iStockphoto

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