A VAT enquiry has been opened for a client. He does online selling. Customs are asking detailed analysis on paypal and online selling data.
He wants to close the business to avoid all the stress.
Will the enquiry stop if he ceases trading or will he still have to go through the process?
Replies (4)
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Will the enquiry stop if he ceases trading or will he still have to go through the process?
Seriously? What do you think?
Yeah of course. Everyone just closes a business and starts again the moment an enquiry starts.... Said no one ever.
Was this person a client before the VAT enquiry?
Did you maybe not consider your client's VAT compliance?