Written question asked by Lord Taylor of Warwick (Non-affiliated) on Monday, 18 October 2021, in the House of Lords. It was due for an answer on Monday, 1 November 2021. It was answered by Lord Agnew of Oulton (Conservative) on Monday, 1 November 2021 on behalf of the Treasury.
Taxation: Electronic Government
- Question
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To ask Her Majesty's Government what steps they are taking to ensure that software providers for businesses participating in the Making Tax Digital programme do not pursue unfair profit-seeking behaviour.
- Answer
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HMRC works closely with the software industry to ensure that businesses have access to products that suit their budgets and needs.
The introduction of Making Tax Digital (MTD) for VAT has resulted in a competitive software market. Many businesses that were already using subscription-based accounting software before MTD saw their products upgraded for MTD compatibility for free. Several free and low-cost software products are available.
HMRC expects a similarly competitive market for MTD for Income Tax Self Assessment. The government remains committed to working with software suppliers to ensure there are free MTD for Income Tax Self Assessment software products for businesses with straightforward tax affairs.
Secondary information
- Type
- Written question
- Reference
- HL3187
- Session
- 2021-22
- Subjects
- Software Business Misconduct Profits Taxation Electronic government
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2021-11-01 17:51:14 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2021-22/HL3187
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2021-22/HL3187
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2021-22/HL3187