HMRC appears determined to deliver MTD for income tax as planned in April 2024. However, given the current state of the pilot programme and the practical issues (both known and unknown) yet to be resolved, that timetable looks very challenging, especially as it coincides with basis period reform and the new late filing penalty regime.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
HMRC appears determined to deliver MTD for income tax as planned in April 2024. However, given the current state of the pilot programme and the practical issues (both known and unknown) yet to be resolved, that timetable looks very challenging, especially as it coincides with basis period reform and the new late filing penalty regime.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
