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Let us call you back!
Contact us and let us call you back at when it's convenient.Did you know?
Estimates vary, but unhappy customers are believed to be 10-20 times more likely to circulate negative stories about your business than happy customers are to circulate positive stories.
HMRC published a Business Records Check consultation in December 2010 stating that it will be targeting small businesses who keep poor records. The worst offenders will face fines up to £3,000.
HMRC uses a business’ records to check that revenue and expenses reported on tax returns are accurate and that the correct amount of tax has been paid, so it’s of the utmost importance that businesses get this right.
On top of the inconvenience of having a tax investigation it can also lead the increased cost of fines and penalties levied by HMRC plus the cost of your accountant in dealing with the investigation which can be anything from £1,500 upwards!
The surest way to ensure you are not caught by this new attack by HMRC is to ensure that you keep adequate records. We can help you with this by either showing you how to keep your accounts in order through to dealing with your bookkepping on an ongoing basis for you.
For more information please contact Mark on 0800 612 4475 to find out how we can help, you’d be surprised how little extra it costs to have all this taken off mind!
About the Author
Mark Higham
Is the Managing Partner at Numero Accountancy LLP and an ACCA qualified accountant. Having spent time working in large Plc's and Private Limited Companies in Senior Finance roles Mark start his own practice in 2005. In this time Mark has been a finalist in Doncaster Chambers Entrepreneur Year and Numero have been finalists in the Rotherham Chamber New Business Start-Up and Most Innovative Use of Technology Awards.Posted on 22nd February, 2011