Builders can seek specialist tax advice for growing businesses
Building firms expanding their businesses can benefit from a new service launched today by HM Revenue and Customs (HMRC).
Mid-sized businesses in the manufacturing industry, including builders, plumbers, maintenance companies and printing firms; with either a turnover of more than £10 million or more than 20 employees, and undergoing significant growth, can now seek expert tax advice from HMRC’s growth support specialists.
Known as the Growth Support Service, HMRC tax experts will offer dedicated support, tailored to the customer’s needs. It has been created to help growing, mid-sized businesses access the information and services they need.
This could include:
HMRC’s director general for customer compliance, Penny Ciniewicz, said: “We want to support mid-sized businesses to grow and succeed. As they expand their businesses, their tax information needs and the support they require becomes more complex.
“By launching the Growth Support Service, HMRC can make sure growing businesses pay the right tax at the right time.”
Businesses who meet the eligibility requirements can apply online; they will then be contacted by their dedicated growth support specialist at HMRC, to discuss their requirements. The bespoke service will generally last between three to six months.