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.

Need help? For expert assistance and to ensure you’re fully compliant, contact a member of our team today on 01905 794 504. We’re here to guide you through these changes and handle any complexities.

Disclaimer (as of 22/07/2024): This article has been prepared for information purposes only as of the stated date. The information provided may not be relevant or accurate for any other date. Formal professional advice is strongly recommended before making decisions on the topics discussed in this release. No responsibility for any loss to any person acting, or not acting, as a result of this release can be accepted by us, or any person affiliated with us.

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