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Small Brit firms beg for 'light touch' as only half are ready for digital tax reforms due next month


Most businesses obligations will start on 7th August. 1/4-30/6 period. Only early adopters, monthly returns, and those who have been mislead by HMRC communication have to file under new obligations sooner. Also a 6 month deferral for some cases, predominantly groups and complex VAT schemes, first relevant period will be 1st October for these!

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