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Craig Mackinlay

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@cmackinlay

Lord Mackinlay of Richborough. Conservative. Former MP for South Thanet.
Chartered Accountant & Chartered Tax Adviser.
South Thanet craigmackinlay.com Joined September 2010
844 Following 17K Followers 7.5K Posts

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Craig Mackinlay Verified account @cmackinlay
Wait until they’re told it's overdrawn to the tune £3,000,000,000,000 (£3Tn) and they are on the hook to pay it off with increasing interest. Then there’s the £trillions of unfunded pension liabilities and hundreds of £billions in overdue infrastructure maintenance & repair.

I have a feeling they won't be too happy with the generations that came before.
Daniel Hannan Verified account @DanielJHannan 1d
Great. And how much have we got in that account?
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Craig Mackinlay Verified account @cmackinlay
It would be helpful if @hmtreasury could come up with a cogent argument as to what #MTD is trying to achieve?
The fact that @HMRCgovuk does not provide free software to interface information that it alone demands is the second disgrace.
It needs to be scrapped.
Cut My Tax Verified account @CutMyTaxUK Oct 18
Almost half of all sole traders want HMRC's Making Tax Digital programme to be ditched, a Centre for Policy Studies survey has revealed.

44% want it scrapped entirely while 14% are prepared for it to go ahead with changes and a minuscule 10% are happy for it to proceed as planned. The Government and HMRC have totally failed to gain the confidence of the self-employed.

Forcing the self-employed to file five tax returns each year is an obvious idiocy and it is no wonder that they are upset.
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