Daily Archives: 2 February 2017

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Making Tax Digital (MTD) to replace Self Assessment returns

AccountancyBy Kevin Drew 2 February 2017

HMRC has given the go ahead for its “making tax digital” or MTD program. The MTD plan is expected to launch next year and the transitional costs are expected to be around £280 – £500 per business between 2017 and 2021. Tax returns will need to be made at least quarterly under the plans to…

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