Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the total value is of contracts awarded to outside providers for the provision of the Making Tax Digital programme.
The MTD Programme’s current external supplier expenditure to date totals approximately £0.4 billion. MTD for VAT is expected to bring in over £4 billion in tax revenue by reducing error in VAT returns, whilst MTD for Income Tax is expected to bring in an additional £1.95 billion additional tax revenue by 2029 to 2030.