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Making Tax Digital

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Making Tax Digital is part of the Government’s plans to simplify tax systems for individuals and businesses. The aim is to make the tax process more effective, more efficient and easier to comply with.

There are still some farms using paper-based accounts systems and these will be hit hardest by this change. All paper-based accounts will need to be set up on an electronic-based accounts software.

The team at Brown&Co use the likes of Farmplan and Landmark, which are fully compliant software suppliers in readiness for the new legislation, and are listed on the government website.

 

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