HMRC have confirmed they will not impose penalties on businesses for poor record-keeping following business records check visits (BRC) made during the pilot phase of the BRC project. However, if the business has no business records, or all records have been destroyed, HMRC reserve the right to impose penalties. The whole BRC project is currently under review, and may well change focus from April onwards. If you receive a letter requesting a BRC appointment, please ask us to be present during the visit, to help you answer the questions posed by the HMRC inspectors.

CLICK HERE - HMRC announce review of BRC

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