Business News - August
HMRC Powers
HMRC has been busy aligning its own rights and powers following the merger, several years ago, between the two old organisations of the Inland Revenue and HM Customs. This process will take a number of years as the different organisations previously had different powers, from rights to view paperwork and in some cases to rights of access to business premises.
Some of the powers are contained within legislation making its way through Parliament as part of the Finance Bill. We will keep you informed of how these increased powers will affect you.
Internet Link: Accounting Web article
