BREAKING NEWS: Making Tax Digital plans dropped from Finance Bill
In the light of the General Election to be held on 8 June, the Government have announced that the draft legislation for Making Tax Digital will not be included in the Finance Act which is expected to become law by 28 April 2017. They have decided that the legislation is too important to rush – and quite rightly so.
However, this may well mean that the plans have been merely deferred and are reintroduced quickly after the new Government is formed – and may still therefore go ahead as outlined from April next year. Read our article here
So, as always, watch this space for the latest developments!
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