Basis period reform and MTD – Financial Secretary to the Treasury’s response to the CIOT

The Financial Secretary to the Treasury (FST) has responded to our letter of 16 August 2021 regarding proposed reform of the basis period rules and their interaction with the introduction of Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA). The letter can be found here.

Our letter to the FST dated 16 August 2021 can be found here.