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ICAEW raises concerns over UK MTD draft legislation
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ICAEW raises concerns over UK MTD draft legislation
ICAEW Taxation Strategy head Frank Haskew has commented on the UK Government’s Making Tax Digital (MTD) draft legislation. The draft legislation require taxpayers to submit end-of-year returns through MTD-compatible software, effective April 2026. The MTD legislation will be extended to sole traders and landlords with income of more than £20,000 from April 2028. Haskew said: “We remain concerned about extending MTD income tax to those with t…
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