HMRC slammed by business community over quarterly tax returns
Critics of HMRC’s ‘Making Tax Digital’ initiative have slated the taxman’s plans for a quarterly tax filing system, with one business group claiming that the plans will “substantially increase administrative burdens” for the smallest of companies.
This news comes just days after HMRC rolled out digital tax accounts for every individual and small business owner in the UK.
Read the full story at Accountancy Age.
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