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HMRC launches new service to help mid-sized businesses grow.
A new service to help mid-sized businesses as they expand and grow has been launched by HMRC.
Intended to help growing entities with a turnover above £10m or more than 20 employees the growth support service will:
- help with tax queries about their growing business;
- supply accurate information and co-ordinate technical expertise from across HMRC; and
- support them to get their tax right first time and access relevant incentives or reliefs.
Eligible businesses should apply online at here. A dedicated growth support specialist at HMRC will then contact them to discuss their requirements. The bespoke service will generally last between three and six months.
George Bull senior tax partner at RSM said: ‘Middle market businesses have not been well served by HMRC in the past.’ Indeed such entities had been less likely to be positive...
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