Wbg is urging business owners to act now ahead of the forthcoming Making Tax Digital (MTD) mandate. MTD is the government's initiative to implement a fully digital tax system in the UK, whereby taxpayers keep digital records and use MTD-compatible software to make tax submissions electronically.
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The proposed introduction of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) by April 2026 has drawn significant concerns from tax professionals, according to a survey conducted by the Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT).