The deadline for tax return submissions may have passed but, no sooner than one source of stress is put to bed, many businesses fret over another potential headache just around the corner. Every year, HMRC carries out a number inspections of people’s tax affairs. As too many small businesses know, inspections are instigated when the
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How one business owner was hit hard by a tax inspection
by Ben Lobel • • 0 Comments
It can be a daunting experience to receive a letter from HMRC proposing a tax inspection; you may be in for an emotional rollercoaster ride. If you are a small company that keeps good records and declares everything, you should survive, but mistakes aren’t tolerated. You have to make sure you take care when completing your returns and ensure that they are
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