HMRC postpones new SME Business Record Checks

HMRC is to postpone any new SME business record checks (BRC) until it has formulated a new approach to these interventions targeted more at high-risk businesses. Responding to pressure from the representative bodies, HMRC agreed in December to review the entire BRC project. New visits will not resume until HMRC announces the detail of a 'revamped' approach, expected at some time after April 2012.

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