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Advice & Best Practice

MTD for Income Tax: what’s in it for you?

By Dean Shepherd, tax digitalisation lead at Wolters Kluwer Tax and Accounting UK

Many advisors see Making Tax Digital (MTD) for income tax as something of a headache and they’ll tell you that it’s not going to positively affect their bottom line. The fear is that clients won’t see the point of it, and advisors could inevitably spend more time and effort with clients who don’t necessarily have the capability to pay them more than they’re currently paying.

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