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.
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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 are not a subscriber, subscribe now to read this content.