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Craig Ogilvie

Craig Ogilvie

Researcher

Aug 13, 2026

3:18
Mm.
3:18
Now, for some, let me be really, really frank.
3:20
For some, if you're a seasonal worker, it may not be terribly accurate, but for the majority it will be.
3:25
Um, it gives us that ability to interact with customers through the year to nudge them in the right direction.
3:31
If they're, perhaps they should be registered for VAT, and they're not.
3:35
So using modern systems to be able to nudge and help customers get their tax right.
3:39
But fundamentally, there's a real customer benefit here because at the end of the year, not only is the tax going to be more accurate, you're going to have a scenario where not everything waits to the end of the year.
5:40
Um, leading on from that, what are the, like, national priorities when it comes to MTD? Why is this so important for us, like, financially as a country and in terms of the economy?
14:23
So what are the potential penalties and consequences for ignoring these steps that are all part of making tax digital?
14:32
Thanks, Robin.
14:33
And I think you set out a really interesting point.
14:35
The current tax year, you do that January completion 21 months after the start of the tax year.
14:43
And we know that lots of people make careless mistakes or just errors.
14:47
They don't mean it, but because of record keeping, they don't get it quite right.
14:52
What this allows you to do is run your business more effectively for all the reasons you've just said.
17:07
So why does HMRC feel that this is a reasonable added step for us to complete as part of sort of filing taxes from now on?

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