VAT investigations on the rise, are you prepared?
VAT investigations are on the rise. According to reports, HMRC raised an extra 32% in tax as a result of VAT investigations last year, much of this stemming from small and medium sized businesses.
VAT investigations are on the rise. According to reports, HMRC raised an extra 32% in tax as a result of VAT investigations last year, much of this stemming from small and medium sized businesses.
As we head towards Budget 2014, which will take place on Wednesday 19 March, there is no denying the UK economy is in a better place than it was this time last year. GDP growth of 2.4 per cent is predicted for this year and things are looking up, but does this mean that George Osborne will be providing dramatic tax cuts and reforms? Probably not…