This statistic shows the extra tax expected to be generated by the government of the United Kingdom through Making Tax Digital, a policy introduced in the Autumn Statement 2015 between 2015/2016 and 2020/2021, in million GBP. Making Tax Digital is a scheme to reduce errors through record keeping and is expected to save over 600 million GBP in financial year 2020/2021.
Extra tax to be generated as a result of Making Tax Digital in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)*
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GOV.UK. (November 25, 2015). Extra tax to be generated as a result of Making Tax Digital in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)* [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/489907/extra-tax-making-tax-digital/
GOV.UK. "Extra tax to be generated as a result of Making Tax Digital in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)*." Chart. November 25, 2015. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/489907/extra-tax-making-tax-digital/
GOV.UK. (2015). Extra tax to be generated as a result of Making Tax Digital in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)*. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/489907/extra-tax-making-tax-digital/
GOV.UK. "Extra Tax to Be Generated as a Result of Making Tax Digital in The United Kingdom (Uk) from 2015/2016 to 2020/2021 (in Million Gbp)*." Statista, Statista Inc., 25 Nov 2015, https://www.statista.com/statistics/489907/extra-tax-making-tax-digital/
GOV.UK, Extra tax to be generated as a result of Making Tax Digital in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)* Statista, https://www.statista.com/statistics/489907/extra-tax-making-tax-digital/ (last visited September 20, 2024)
Extra tax to be generated as a result of Making Tax Digital in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)* [Graph], GOV.UK, November 25, 2015. [Online]. Available: https://www.statista.com/statistics/489907/extra-tax-making-tax-digital/