Tax Collection: Digital Technology
The question
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential merits of e-invoicing for improving tax administration and collection.
Answered by James Murray
Following the Chancellor’s announcement at Budget 24, HMRC and DBT have run a joint consultation on promoting e-invoicing among UK businesses and the private sector. This consultation closed on 7 May and the government will publish a summary of responses and update on the next steps following this consultation in due course. As part of HMRC’s work on e-invoicing the department will consider the potential merits of e-invoicing for improving tax administration and collection.
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