UK HMRC has launched a public consultation on amendments to the Making Tax Digital (MTD) regulations for Income Tax. The consultation closes at 11:59 pm on 12 January 2024.
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Draft legislation: Income Tax (Digital Requirements)(Amendment) Regulations 2024
Consultation description
From April 2026, Making Tax Digital (MTD) for Income Tax, will apply to relevant persons (unincorporated businesses and landlords) with business and/or property income over £50,000 followed by those with inc…