‘Making tax digital’ is HMRC’s project to transform the tax system. It is famously associated with the claim that we will see the end of the annual tax return. However, for many landlords, this actually means a move to quarterly reporting rather than annual reporting. It also marks a move towards electronic record keeping. This article examines the revised timeline for how this will impact landlords following the spring Budget 2017.
In the May issue of 'Property Tax Insider’, Lindsey Wicks examines the impact on landlords of the revised timetable for HMRC’s ‘making tax digital’ project.
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