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Landlords voice concerns over ‘rushed’ digital tax plans


Landlord ponders digital tax system

The Residential Landlords Association (RLA) has voiced concerns that plans to digitise tax payments are being rushed without proper consideration.

Launched in December 2015, the government’s ‘Making Tax Digital’ strategy planned to eradicate bureaucratic form-filling by introducing a fully digital tax service by 2020.

However, the RLA has now warned that the scheme is being rushed through to be ready by 2018 and that some landlords may not have access to the necessary technology in time.

Alan Ward, chairman of the RLA, said: “The RLA supports the principles of Making Tax Digital and in particular tax simplification, which would include treating landlords like any other business.

“However, such changes must be properly supported, and must not push taxpayers faster than they are able to go.”

An RLA survey of more than 800 members found that many landlords had a lack of confidence in the ability of the government to deliver such a critical IT project in such a short timescale.

Other concerns included the security of their tax information and whether there would be exemptions for the digitally excluded and small businesses.

Respondents suggested that if the scheme is to be introduced in 2018, it should be on a voluntary basis with more time needed before it becomes compulsory.

Last month, Loan Talk’s sister site Bridging & Commercial Distributor published a detailed overview of government tax policy under the Conservatives.





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