| Tax Briefing Spring 2017 |
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The government is determined to push ahead with Making Tax Digital (MTD), which will require businesses and landlords to use accounting software to make quarterly reports of income and expenses to HMRC. This reporting will apply for accounting periods starting on and after: 6 April 2018 for businesses and landlords who pay income tax; 1 April 2019 for VAT reporting; and 1 April 2020 for all companies and for partnerships with turnover of £10m or more. Read the full report here > (PDF opens in a new window) |