The heads of tax from all the Big Four accounting firms met with Treasury officials yesterday.
Despite the huge implications such a move will have on business and the profession, the measures will come into force on 1 April, leaving just two weeks for representatives to have their say.
Along with the Big Four, other accountancy firms, lawyers and professional bodies attended yesterday’s meeting.
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Unincorporated businesses under the VAT threshold given an extra year to prepare before MTD becomes mandatory