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No Brexit worries for Making Tax Digital, says HMRC

No Brexit worries for Making Tax Digital, says HMRC

It had been suggested that the Revenue would have to delay the scheme, scheduled to launch on April 1, for more than a million VAT-registered businesses, if the UK was to crash out of the EU without a deal. 

However, in a letter to the Financial Times, HMRC deputy chief executive Jim Harra, wrote, “The truth is our system is already live and by the end of February we’ll have written to every affected business encouraging them to join the thousands of others who have registered.” 

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Benjamin Dyermtd news