Opinions are divided on whether the Direct Taxes Code (DTC) will be implemented on April 1 2012 or whether it will be ripped up and the least controversial aspects introduced quietly in the Finance Bill. One thing is for sure, change is on its way. Jack Grocott speaks to tax professionals to ask for their advice on how to prepare for the change.
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A ‘second piece of the puzzle’ for the software regarding filing requirements is still to arrive, Tax Systems’ chief solutions officer Russell Gammon tells ITR