A new HMRC campaign which focuses on transactions between a limited company and the people that control it is under way. Common issues that arise are instances of when company funds are used to settle personal expenses or loans from a company you control. If you think this may apply to you it is well worth reviewing any transactions with the company and how they have been dealt with to ensure correct treatment. If you receive a campaign letter from HMRC speak to your advisor who will be able to guide you through the process.
