October 5. 2016
After the March 2015 Budget, the press were quick to state that the end
of the tax return had been announced. We were sceptical about this and
have been waiting for further announcements to be made by HMRC to clarify the
position.
HMRC has now confirmed that from 2018, most businesses, will have to submit their business
records quarterly rather than annually. Further announcements will be made over
the next few months by HMRC on exactly how this will work.
Be assured that FBTC are monitoring these announcements to ensure that our
clients are fully prepared.
We will publish updates through emails, our website and our social media
pages.
Please do not hesitate to contact us if you have any questions - 0344 984 4445.
