New plans to extend Making Tax Digital – including applying it to Income Tax Self-Assessment - were revealed by the Government today.
Details on how income tax would be incorporated into MTD have been eagerly awaited for some while.
A new MTD roadmap has been released alongside details of The Finance Bill 2020-21.
What does it mean for taxpayers who file income tax self-assessments, for VAT registered businesses, and for businesses and landlords?
Read the full details in IRIS tax specialist Jenny Strudwick's blog here.
IRIS makes accountants more efficient and productive.