HMRC to exempt charities from new digital filing rules

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HMRC has confirmed that charities will be granted an exemption from new rules that will force businesses keep digital records of its accounts and produce quarterly updates.

In a consultation on its Making Tax Digital programme, HMRC did however say that while charities will be exempted, trading subsidiaries will need to adhere to the new rules.

For the full article please go to Charity Digital News by clicking here.

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