New HMRC Guidelines for VAT Compliance
19 September 2024| CATEGORIES: HMRC, process controls, VAT guidelines| TAGS: New HMRC guidelines, VAT compliance
HMRC has published its Guidelines for Compliance (GfC8) – Help with VAT Compliance Controls to help businesses assess whether they have sufficient controls within their systems and VAT accounting and compliance processes. The guidance sets out what HMRC considers to be good practice.