![A hand stamper and the word 'DRAFT' stamped onto a white surface A hand stamper and the word 'DRAFT' stamped onto a white surface](/sites/default/files/styles/responsive_4_3_600w/public/2024-08/draft_finance_bill_2021-22_-_abolition_of_basis_periods.png?h=7f1d4188&itok=4om8ufCX)
Lords Economic Affairs Committee: Inquiry into the draft Finance Bill 2017
The LITRG welcomes the opportunity to provide written evidence to this Inquiry into the Finance Bill draft clauses on digital reporting and record-keeping for businesses chargeable to income tax. While we believe that the proposed exemption threshold of £10,000 turnover is far too low and the timeta...