Bookkeeping Bites – Big G’s Love Letter…. NOT!

Hmmmm, perhaps ditch the 🧡  💛  Love Letter 💛  🧡  and think more 🥊  🥊 Nudge 🥊  🥊  Letter
 
🧐  Big G has done some checking 🧐  Some furlough checking….. Of Corporation Tax returns (the stuff limited companies have to file each year)…
 
❓What are they checking❓That the 💷  furlough grants 💷  paid ➡️  MATCHES ➡️  the grant amount declared in your corporation tax return.
 
If it does? Then ✅ good job ✅ – no letter
 
If it doesn’t? Then 💥 WATCH OUT 💥 a letter may be in its way! 💥 TAKE HMRC SERIOUSLY 💥 REPLY WITHIN THE 30-DAY PERIOD 💥
Find out more from our friends at Accounting Web here: https://www.accountingweb.co.uk/tax/hmrc-policy/cjrs-hmrc-nudges-employers-to-correct-returns
 
🕵️‍♀️🕵️‍♀️ Stand warned people, stand warned 🕵️‍♀️🕵️‍♀️