- HMRC released a roadmap to modernize UK tax and customs systems by 2030
- The strategy aims to improve taxpayer processes, close the tax gap, and update systems
- Goal is for 90 percent of interactions to be digital by the end of the decade
- E-invoicing is a key part of the transformation, with policies being developed for wider adoption
- E-invoicing aims to simplify processing, reduce costs, and cut payment delays, benefiting SMEs
- Making Tax Digital initiative will expand, applying to higher income taxpayers from April 2026
- MTD for Corporation Tax will not be mandatory, with focus on internal digital improvements
- HMRC plans to enhance digital services using AI, real-time data, and a new login system by 2026-27
Source: snitechnology.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
