Latest news for HM Revenue and Customs

FSB Concerned At HMRC Revenue Raising Exercise

(18/10/2011)

The Federation of Small Businesses (FSB) is concerned an HM Revenue and Customs (HMRC) consultation which closes on Monday, that could lead to implementation of spot checks on company records, will be used purely as a revenue raising exercise. The consultation, 'Business Records Checks', states that 50,000 small businesses will be targeted by HMRC agents in order to check that their business records meet minimum reporting standards. If not, a... [more]

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