HMRC One to Many letters to Persons of Significant Control
18 Jul 2024
HMRC’s Wealthy team are issuing One to Many letters to individuals registered as being a Person of Significant Control of a limited company. One letter is aimed at those who failed to submit a personal tax return for 2022/23, another for those whose 2022/23 and/or 2023/24 personal tax returns recorded lower income levels than HMRC would have expected. Those in receipt of the first letter have until 23 August 2024 to submit a 2022/23 return; those in receipt of the second letter have until the same day to ensure those years’ tax returns are complete and accurate.
PSC letter - registering for SA
PSC letter - making sure SA return is correct