How to Prepare for a HMRC Tax Investigation: A UK Accountant’s Advice
Understanding HMRC & Tax Investigations Her Majesty’s Revenue and Customs (HMRC) is the UK government body responsible for collecting taxes, administering certain benefits, and enforcing tax laws. They ensure individuals and businesses pay the correct amount of tax—and when something seems off, they may investigate. Types of HMRC Investigations Not all investigations are created equal. […]
How do you Correct Errors in Financial Statements? | Everything you Need to Know
Financial reporting errors can lead to cash loss and eventually cause your company’s failure. But it can be prevented by correct financial statements. If you fix the errors in reports, you may conduct a balanced cash flow. Why Do you Need a Financial Statement? Financial statements are records and reports created by a company’s management […]