According to the CIOT, tax professionals have major concerns about the introduction of Making Tax Digital for income tax self-assessment from April 2024.
97% of respondents felt that MTD could not be successfully introduced in 16 months from now, saying that neither HMRC nor taxpayers were ready, and recommending a delay in implementation.
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Income Tax is a substantial single-volume guide, now in digital format, to all the income tax issues commonly faced by most accountants and tax practitioners.
