HMRC publishes help and support on a range of topics and taxes, often with guidance that is difficult to find. ICB welcomes their Guidelines for Compliance (GfCs) which cover some of the areas they regard as ‘complex, widely misunderstood, or novel’.
More importantly, they consolidate the links to guidance and we detail all thirteen below which may be of value to you as they:
- Clarify HMRC's stance on uncertain areas;
- Provide examples you and clients can use;
- Indicate HMRC’s likely compliance responses;
- Detail relevant / appropriate documentation and record-keeping to support positions; and
- List contact routes
For Bookkeepers
The usefulness of the GfCs will obviously depend on the services your provide clients. However, in general, ICB agrees with the concept of the GfCs and is pleased to promote them.
