ACCOUNTANCY veteran, George Hecht, co-founder of the 2gether Group, a business hub established to create an environment for companies to access a range of financial expertise, is urging businesses to get their books in order following the early issue of Business Records Checks (BRC) by HMRC.
Begins a spokesperson: “Despite HMRC announcing that they would report on the outcome of the BRC consultation on 31 March, Abbey Tax Protection has reported seeing two letters dated 21 March 2011 seeking to arrange meetings to carry out a BRC. The BRC programme is scheduled to start this autumn with 50,000 checks per year being carried out.”
Mr Hecht added: “There are already a handful of HMRC offices issuing the letters with taxpayers from specific geographical locations, including Scotland, being targeted. Businesses unprepared for BRCs will be subject to a fine and open to tax investigation, which can be a very costly business, so we could urge all businesses to take immediate steps to ensure that their accounts are fully in order.”
The 2gether Group is vastly experienced in obtaining funding packages throughout a range of business sectors and its mentors offer a range of finance, venture capital and business advice as well as such essential support services as: book-keeping; finance; insurance; recruitment and training and payroll.
ENDS
For further information please contact George Hecht tel 0141 423 9859
Issued on behalf of 2gether Group by Liquorice Media tel 0141 561 4018 www.liquorice-media.com
Date 18th April 2011.
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