Tax Digitisation: a Summary of the Implications for the Industry

Brewer Morris and Vacancysoft

Winter 2016/2017

As a taster of what our data can tell you about the sectors your business is focused on, we’re pleased to present the winter report we have co-produced with Brewer Morris. The focus of this issue is Tax Digitisation and the implications it has for the industry. We look at how the plans of the HMRC are viewed by the sector and assess how the changes will affect multinationals, SMEs and sole traders. Then we turn to what all this means.

  • While HMRC’s plan to fully digitise tax by 2020 is admirable, it is not widely viewed as achievable.
  • SMEs will face particular problems due to HMRC’s unrealistic views and they have hired 25% more tax professionals.
  • Firms focussed on private clients will see significant growth in demand for tax compliance services.

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