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UK Issues Multiple Consultations on Making Tax Digital

|Proposed Changes|United Kingdom
United Kingdom

On 15 August 2016, UK HMRC issued six separate consultations related to the initiative for Making Tax Digital, as well as an overview consultation on the main design choices. The consultations and brief descriptions are as follows.

Making Tax Digital: Bringing business tax into the digital age

This consultation considers how digital record keeping and regular updates should operate. The pro…

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