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The government has dropped it’s Making Tax Digital (MTD) plans from the finance bill as a result of the snap election. With the general election due on 8 June 2017, it was felt that there was no time for Members of Parliament to discuss the new regime, so had to be dropped from the Finance Bill.

Although MTD is likely to raise its head again after the general election, it is clear that a great deal more scrutiny is needed before the project can begin once more.

If you have any questions please contact Natalie Key on 01782 279615.

 


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