Reply to post: Re: Oh, it's a new tax year here in the UK

Free online tax filing? Yeah, that'll soon be illegal thanks to rare US Congressional unity

JetSetJim

Re: Oh, it's a new tax year here in the UK

> This is another one of those situations where the rest of the world stares open-mouthed in disbelief at how America does things

True, but should this legislation pass, how long before the lobbyists money starts trickling across the pond?

The whole Making Tax Digital thing on VAT as a case in point - HMRC won't produce free software to do the submission, and is closing off the rather simple VAT return portal to those businesses that have to switch to this scheme, and will roll it out to everyone, and will then increase the scope of it to include uploading individual transactions.

Perhaps this will decrease VAT fraud (e.g. the carousel crowd), but at what cost to both HMRC and to UK plc (and what benefit to corporate accounting software houses)?

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