Small and medium-sized businesses in North East Wales have been warned to get ready for a major blitz by the Taxman. The Inland Revenue has revealed they are going to get tough with businesses that don’t keep their books properly.
They have announced they are going to be spot-checking the accounts of 50,000 SMEs every year for the next four years. Fines of up to £3,000 will be imposed on firms whose books are not up to scratch.
People who run their own business are not always aware of the best way of keeping their records – or aware of the items you should or should not be claiming for. As well as looking after their books, we can give people training to give them a step in the right direction. You can cherry pick what we do so that we provide a bespoke service.