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New Compliance Checks: Guidance will be subject to consultation

Envigorated by the 2008 Finance Act which passed new legislation to aligning formation and inspection powers, rules for record-keeping and time limits for assessments and claims, HMRC is limbering up and now looking to work out what to do with so many "goodies".

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HMRC has just announced that it is setting up an implementation team which will be responsible for producing Technical and Operational Guidance together with a comprehensive learning package.

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