
Businesses are being urged to prepare for the introduction of a new framework for compliance checks on April 1st.
HM Revenue and Customs (HMRC) said firms must ensure they understand the new regime and what it will mean for them.
It includes new record keeping requirements and time limits for tax assessments and claims. It also brings in new information and inspection powers for HMRC.
The non-ministerial department will have one set of powers covering PAYE, VAT, income tax, capital gains tax and corporation tax.
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