How good is your record-keeping? HMRC has announced it is planning a programme of Business Records Checks that will review both the adequacy and accuracy of business records within small and medium enterprises. The Revenue have stated that they will charged penalties for accounting records that are not adequate. To ensure your records are adequate enough, the Revenue have issued guidance on what they would expect someone to keep. http://www.hmrc.gov.uk/record-keeping/index.htm
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AuthorLicenced Accountant in Brighton Archives
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