The software requirement means that the cut and paste option will no longer be accepted. This was allowed during the ‘soft landing period’ when penalties were waived, but will not, in future, meet HMRC’s definition of a digital link.
Clark added: ‘A limited number of further extensions have been granted to those businesses able to prove that they are dealing with complex or legacy IT systems that make 100% digital linking genuinely impossible. But for the vast majority who make up the rest, failure to meet the new rules could incur potentially costly penalties.
Source: accountancydaily.co
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