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Can Digital Records Support Compliance With Section 1124 of the Corporation Tax Act?

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Corporation Tax Act? ChatGPT said: Yes, digital records can play a crucial role in supporting compliance with Section 1124 of the Corporation Tax Act 2010, which governs the taxation of company profits and ensures proper documentation of business activities. The use of digital records can streamline the process of tracking income, expenses, and capital allowances, all of which a... https://xactaccountants.co.uk/corporation-tax/

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