Following the launch of the Card Transaction Campaign last month, HMRC has been writing to businesses, asking them to review the level of income declared on their 2016 tax returns and to make a disclosure of any omitted sales. The letters, issued by the HMRC Campaigns and Projects team, read as follows: Debit and credit […]
Tag Archives: Tax
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Mar
Mar
Not so long ago HMRC’s priorities included improving customer service and ensuring that individuals and businesses were only asked to pay the right amount of tax at the right time. However, we now live in a harsher reality. HMRC’s key objectives have changed and include the target to ‘maximise revenues due’ and ‘to transform tax […]