HMRC deadline approaches as more than 580,000 taxpayers still not properly registered
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HMRC deadline approaches as more than 580,000 taxpayers still not properly registered.
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More than 580,000 self-employed workers and landlords have yet to sign up for HMRC's Making Tax Digital for Income Tax scheme, despite less than a month remaining before the August 7 registration deadline.A Freedom of Information request has revealed that of the 864,000 people required to register for the scheme by April 6 this year, only 282,637 had signed up by May 20.The figures, obtained by international accountancy firm Azets and confirmed by HMRC, show that around two-thirds of those required to join the new digital tax system had not yet registered when the data was compiled.HMRC said this week it expects registration numbers to continue increasing ahead of the August 7 deadline.
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TRENDING Stories Videos Your Say Fraser Campbell, UK head of accounts and business advisory services at Azets, said the introduction of Making Tax Digital for Income Tax marks the biggest change to the personal tax system in almost 30 years.Mr Campbell said: "MTD for Income Tax represents the most...
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