Cancel Making Tax Digital from April 2024 for taxpayers with business or property income of over £10,000 per annum
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The new system, due to start in April 2024, will increase the workload for people because they will have to supply quarterly figures to HMRC. If a person requires an outside source, such as an accountant, to prepare these figures they will incur extra cost. If they prepare the figures themselves it puts extra work on them and is likely to cause errors. Many are not computer literate. The only people gaining from this are the accountants and HMRC - it will not help the self employed or landowners.