Share this content

Meeting Philip Hammond next week any ideas re MTD?

I may be meeting Philip Hammond next week what should I say about MTD?

Didn't find your answer?

Philip Hammond is visiting our town next week and there is a good chance of meeting him.

I am not a great fan of MTD which I believe is a totally unnecessary burden on small business and being introduced on the back of some pretty flimsy evidence.

Given that the time opportunity with him is likely to be pretty limited what would be the best approach and most important points to raise if the opportunity presents?

Replies (33)

Please login or register to join the discussion.

By Duggimon
13th Apr 2017 11:49

Unless you're meeting him for the purpose of a discussion about MTD you won't get anything more than a politician's deflection of your question, I'd recommend skipping the verbal question altogether and just accidentally kicking him in the shins.

Thanks (8)
Hitch photo
By Kevin Kavanagh
13th Apr 2017 12:01

Personally I think shins is being a bit too kind.

Thanks (1)
Replying to Kevkava:
By SteveHa
13th Apr 2017 12:50

Fill in the blanks: Coco****

Thanks (1)
avatar
By SpreadsheetUser
13th Apr 2017 12:04

Tell him the JAMS wont JAM with the POS MTD is bringing. And that stands for Pile of Sh.. not Pricing Opportunity Strategy which the software suppliers think

Thanks (1)
avatar
By CJaneH
13th Apr 2017 12:17

We have been told this initiative is to close the tax gap.

To close the tax gap they need to get the black economy to register.

I suggest that use HMRC staff to identify individuals with NI numbers who are not

1 On a payroll
2 Not registered as self employed
3 Not submitting tax returns for rent aetc
4 Not on benefits
5 not in jail

Ask them what they are living on

Thanks (8)
RLI
By lionofludesch
13th Apr 2017 13:31

Quote "Philip Hammond is visiting our town next week and there is a good chance of meeting him."

Surely you mean assassinating him.

I've just been on a "Web Screen Journey" showing me what I'll need to do to set up a "Tax Agnostic Agent's Account" in HMRC's "Back End" using - yes - "Lion Software".

I lost count of how many times the lass said "it's really important" but it was definitely over a thousand.

Here's the link, if you've not seen it.

https://attendee.gotowebinar.com/recording/1937624643302825731

Thanks (0)
Replying to lionofludesch:
By SteveHa
13th Apr 2017 12:52

Tax agnostic, or tax apathetic?

Thanks (0)
Replying to SteveHa:
RLI
By lionofludesch
13th Apr 2017 13:13

Me ?

Tending to both at the moment.

Thanks (0)
avatar
By bajones
13th Apr 2017 12:59

I think he's already proved he has no decision making power whatsoever.

Thanks (1)
avatar
By ohgoodgodno
13th Apr 2017 13:03

why not ask him to come and spend a day at your practice so he can see what real self employed people need in terms of accounting and tax support and the requirements placed on them already

then you you can ask him if he still thinks MTD is workable

Thanks (2)
avatar
By Accountant A
13th Apr 2017 13:22

Sadly, you would be wasting your breath. If he was interested, he'd have taken some notice of the Treasury Select Committee and Lords' reports. If he isn't interested in their views, he certainly isn't going to listen to the views of us poor so and sos affected (as advisers or taxpayers). I assume we pay for someone to complete his returns.

Thanks (1)
Tornado
By Tornado
13th Apr 2017 13:26

Short & Sharp.

You could tell him that as Jeremy Corbyn is now promising to ease the burden of MTD, you will be voting labour next time.

https://www.accountingweb.co.uk/tax/hmrc-policy/9am-lowdown-corbyn-promi...

As Accountant A has said, in practice Philip Hammond and his colleagues only know about the glossy brochure that HMRC have produced about MTD and will not be too interested in the truth ............ not yet anyway.

The dung has yet to hit the fan and then it all gets very interesting.

Thanks (3)
Replying to Tornado:
avatar
By Southwestbeancounter
13th Apr 2017 13:32

I can't wait for 'dung and fan' day - it can't come soon enough as far as I am concerned!!

The MTD proposals in their present form are an unworkable nonsense for small businesses.

Thanks (2)
Replying to Tornado:
RLI
By lionofludesch
13th Apr 2017 13:39

Tornado wrote:

Short & Sharp.

You could tell him that as Jeremy Corbyn is now promising to ease the burden of MTD, you will be voting labour next time.

Maybe SNP or Sinn Féin would be a better bet.

Thanks (2)
Replying to lionofludesch:
By Duggimon
13th Apr 2017 14:20

I'd love to see the SNP, Plaid Cymru and Sinn Fein stand candidates in all the English constituencies next election.

Thanks (1)
Replying to lionofludesch:
x
By rockallj
20th Apr 2017 12:42

If I didn't reside in England, I would either/both as appropriate!

Thanks (0)
avatar
By Briar
13th Apr 2017 13:42

Ask why HMRC's software to prepare an SA Tax Return for 2016/17 can produce the wrong tax liability. Why HMRC cannot correct it? Why professional tax software (which produces the correct liability) is not accepted by HMRC's computer and we have to file paper returns instead. And, then, what chance has MTD got to get it correct (use FTI as another example).

Thanks (2)
Replying to Briar:
RLI
By lionofludesch
13th Apr 2017 13:50

That's ridiculous!! He won't know all that, will he ?

His job is to cause problems, not solve them!

Thanks (4)
avatar
By GW
13th Apr 2017 13:59

Ask him how many votes he expects to lose when people realise they are breaking the manifesto promise to cut red tape, by forcing a self employed landlord to file information with HMRC eleven times a year, eight of which will be ignored by HMRC, rather than file one tax return.

Thanks (2)
Tornado
By Tornado
13th Apr 2017 14:56

You could suggest he shows willing by signing up to join the MTD Pilot, even if he has to create a mythical business to do so.

That would then give us assurance that anyone can deal with learning and maintaining accounting software, particularly in addition to their : normal work, looking after the kids, looking after the parents, trying to make sure ends meet and worrying about being blown up by the Russians.

How important is MTD really and who cares that much?

Thanks (2)
avatar
By FrenchAssociates
13th Apr 2017 14:56

MTD should pull all available third part information together for taxpayers to check and enhance with their annual information and IF they want to prepare the same in advance quarterly allow them to do so for budgetary/advance payment purposes.

BUT the HMRC are applying a sledgehammer to crack a nut!

I am self employed, have rental income and interest/dividends. At the moment I prepare 1 return.
With MTD I will need to do 4xself employed returns, 4x rental returns, annual summaries for each and then the equivalent of the tax return but with a different name bringing all sources together.

That is 11 returns not 1. NOT FUNNY

Thanks (1)
avatar
By FrenchAssociates
13th Apr 2017 14:56

MTD should pull all available third part information together for taxpayers to check and enhance with their annual information and IF they want to prepare the same in advance quarterly allow them to do so for budgetary/advance payment purposes.

BUT the HMRC are applying a sledgehammer to crack a nut!

I am self employed, have rental income and interest/dividends. At the moment I prepare 1 return.
With MTD I will need to do 4xself employed returns, 4x rental returns, annual summaries for each and then the equivalent of the tax return but with a different name bringing all sources together.

That is 11 returns not 1. NOT FUNNY

Thanks (1)
avatar
By FrenchAssociates
13th Apr 2017 14:56

MTD should pull all available third part information together for taxpayers to check and enhance with their annual information and IF they want to prepare the same in advance quarterly allow them to do so for budgetary/advance payment purposes.

BUT the HMRC are applying a sledgehammer to crack a nut!

I am self employed, have rental income and interest/dividends. At the moment I prepare 1 return.
With MTD I will need to do 4xself employed returns, 4x rental returns, annual summaries for each and then the equivalent of the tax return but with a different name bringing all sources together.

That is 11 returns not 1. NOT FUNNY

Thanks (1)
Replying to FrenchAssociates:
RLI
By lionofludesch
13th Apr 2017 15:14

Try multiplying that by a hundred or two clients.

Thanks (2)
avatar
By soundadvice
13th Apr 2017 16:51

Many thanks

I thought the replies would be heavy hearted but laden with humour.

Like many I have already written to my 2 local MPs but still awaiting responses. It's hopeless I know but at least we tried

Thanks (1)
avatar
By BIGWAL
13th Apr 2017 19:36

On the off chance that you may catch his ear I would say something along the lines of –

“Are you aware of the genuine and growing anger towards HMRC from accountants up and down the country ?

Much of Making Tax Digital is to be highly commended , but the vast majority of largely knowledgeable and experienced professionals have major misgivings about the real practicality of forcing very small businesses to report income and expenditure 4 times a year

Would you look at the situation again regarding this aspect before the rapidly deteriorating relations between the profession and HMRC breaks down irretrievably ?”

Obviously there’s a lot one could mention, and I’m sure you’re more than capable of expanding the issue ff you do happen to get his attention.

Thanks (0)
paddle steamer
By DJKL
20th Apr 2017 12:56

I would spend your time wisely and in a way he will appreciate-explain to him the P45 process as it likely will serve him well in June.

Thanks (2)
paddle steamer
By DJKL
20th Apr 2017 16:16

By coincidence have just had my awaited response from the office of Ruth Davidson re MTD, I have responded suggesting she/they really do not get it (sold a pup) and also asking if I may reproduce the correspondence on here; I wish to give them the chance to say yes or no, but if they do not object I will publish redacted versions on this site.

I have now communicated with SNP, Liberals and Conservatives, next step has to be a pro forma e mail to my clients.

Thanks (1)
avatar
By johnjenkins
25th Apr 2017 12:32

Easy peasy. Hold up a placard for the cameras to see saying why should business file 4 returns instead of one in a year.
There are, of course, other things you could say on a placard.
No good talking to him. He ain't got a clue. The only way to get any where is through the media - just like the Ni.

Thanks (0)
avatar
By mikejlee
26th Apr 2017 23:41

I think MTD should be rechristened - Making Tax Dismal!

Thanks (0)
avatar
By sushi_ginger
12th May 2017 11:58

If you are willing to buy some custard pies I will happily contribute to the cost. One for the public sector IR35 fiasco. One for the dividend tax allowance change. One for "abolishing" the flat rate scheme and one for accusing me of "abusing" the scheme. One for omNICshambles. One for MTD. One for the pathetic jokes in the budget speech. Finally one to take home to his family and put in the freezer for when he gets his P45 on June 9th.

Thanks (0)
Replying to sushi_ginger:
avatar
By sushi_ginger
12th May 2017 12:27

Sorry didn't realize this was an old thread. Damn, missed my chance.

Thanks (0)
Replying to sushi_ginger:
avatar
By johnjenkins
12th May 2017 13:35

Are you referring to Philip Hammond or the post?

Thanks (0)
Share this content