HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
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The government’s furlough scheme has been vital but businesses are being encouraged to double check claims for errors in preparation for HMRC reviews.
“It just needs to be one small error that could be extrapolated over the last year, which could then become a significant number leading to quite significant potential penalties,” says David Francis, partner, and head of tax dispute resolution at Grant Thornton.
Read more at the Accountancy Age.