HMRC reveals future plans for Making Tax Digital

MTD for income tax set to be implemented from 2023.

Second phase of MTD for VAT delayed until 2021

Coronavirus pandemic delays stringent new rules coming in.

Most businesses are failing to benefit from MTD for VAT

Firms report extra costs and obligations since 1 April 2019.

First quarterly MTD for VAT deadline

Around 121,000 businesses fell at the first hurdle.

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