Limited Company Returns

Feb 09, 2009 1 Replies

How effective is the IR when totting up annual income of a ltd company? Do they have a way of totalling the payments made to "Company X" in a given year accurately, or do they just make random sample checks on some companies and assume everyone is declaring everything?


While someone here may have an answer to your question, this is primarily a group dealing with USA taxes. If you don't get a satisfactory answer here, you might try looking at uk.legal.moderated.

Stu

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