Making Tax Digital: Transforming the tax system through the better use of information
A consultation about how HMRC will use information from third parties to give customers a better service that is more transparent.
At Budget 2015, the Government set out the vision for a transformed tax system and in December 2015 launched the Making Tax Digital Roadmap, outlining more detail about what the transformed tax system will look like by 2020.
Because of the scales of these changes there is a lot we need to ask people about. We have published 6 consultation documents, each focusing on specific customer groups or elements of the Making Tax Digital reforms.
Focus of this consultationThis consultation focuses on how HM Revenue and Customs (HMRC) will make better use of the information we currently receive from third parties to provide a more transparent service for customers that reduces end of year under- and over-payments.
It also explores our future ambition for the use of third party information from 2018 onwards, which will enable us to deliver the end of the tax return by 2020.
This consultation will be of interest to:
- all individual and business customers
- agents who currently complete tax returns for their customers
- software developers
- employers
- all other organisations that provide customer information to HMRC