What HMRC’s new powers mean to you and your clients: Whitepaper
In 2009 HMRC’s powers were dramatically increased by the government, and the penalty structure they work from was changed. Without fee protection your clients are susceptible to not only HMRC full and aspect enquiries and interventions, but also HMRC VAT and employer compliance reviews, including IR35 and Construction Industry scheme matters.
This whitepaper covers the essential aspects of fee protection that you need to know to protect your practice, and most importantly your clients, including:
- HMRC’s new powers of inspection
- The new penalty structure
- How HMRC suggest you keep your records