Would Your Books Pass The Records Check?
That is a question to ponder on….
Of course you would say YES – but would HMRC agree??
Our beloved government has issued a number of new tools on the HMRC website to allow you to test whether your records may be up to scratch at the same time announcing they are going to launch a Business Records Check programme later this year. These checks will (yes, you guessed it) impose penalties for significant record-keeping failures relating to income tax, corporation tax and VAT. [Content protected for Basic members only. Please login or register to read the rest of this post.]
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