A recent VAT case concluded HMRC investigation work that partly dated back to February 2013! A retailer did not have full records and had made significant accounting records. As a result they have had a “VAT problem” hanging over them for over 8 years. It is crucial to retain daily till rolls with daily Z totals and accurate records of daily gross takings.
HMRC VAT case lasting over 8 years
on 24 August 2021 with No Comments