Month: November 2019
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Making Tax Digital: What HMRC’s new penalty regime means for MTD for VAT and Income Tax
When Making Tax Digital for VAT is opened up to more businesses in April 2022, it brings with it a new penalty regime from HMRC for individuals or businesses that make late submissions. This new system will also apply to MTD for Income Tax when it begins in April 2024, too, and possibly MTD for […]