The Hollies Logo

Bookkeeping and Accounting Services In Shropshire

Call 01743 790086 Email

Menu

VAT investigation

HMRC regards cash traders as a high risk for underpaying VAT, and they are usually targeted by special teams. Many HMRC visits focus on mainly Cafés and restaurants. HMRC’s computers usually detect businesses that are paying less VAT than similar businesses in the same trade or region. HMRC has the power to asses tax from the last 20 years if an officer thinks that the […]