HMRC’s New Campaign Targets Persons Of Significant Control
HMRC’s latest campaign targets persons with significant control (PSCs) over companies to ensure proper tax compliance. This initiative could potentially impact individuals by requiring them to review and correct past tax returns, register if they haven’t filed, and maintain accurate records to avoid penalties and detailed reviews.
For more detailed information, you can also read the full article here: HMRC Targets Persons with Significant Control.
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