Brexit HMRC MTD delays but VAT proceeds Apr 2019
The UK’s HMRC has confirmed today that a number of features of its flagship Making Tax Digital programme will be hit by Brexit planning. However, VAT will go ahead from 1 April 2019.
A HMRC report sent to Parliament (Public Accounts Committee), lists the postponed efficiency plans, including:
- The ending of the annual personal income tax return
- Digitally declaring Gift Aid
- Online registering for child benefit payments
However, the ambitious VAT plans around obliging the digital recording and reporting VAT liabilities goes ahead on 1 April 2019, as planned. A pilot is already underway.
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