HMRC consulted between December 2016 and February 2017 on five options for streamlining the advance assurance service for companies using the tax-advantaged venture capital schemes.
HMRC consulted between December 2016 and February 2017 on five options for streamlining the advance assurance service for companies using the tax-advantaged venture capital schemes. Based on the responses received, which confirmed that the service is highly valued, HMRC intends to carry out further work, which will focus initially on the following areas:
improving communications and guidance, including scope for checklists that can be used when applying for an advance assurance; and
exploring the scope for using standard documents in specific circumstances, particularly very small companies and with fund managers.
HMRC consulted between December 2016 and February 2017 on five options for streamlining the advance assurance service for companies using the tax-advantaged venture capital schemes.
HMRC consulted between December 2016 and February 2017 on five options for streamlining the advance assurance service for companies using the tax-advantaged venture capital schemes. Based on the responses received, which confirmed that the service is highly valued, HMRC intends to carry out further work, which will focus initially on the following areas:
improving communications and guidance, including scope for checklists that can be used when applying for an advance assurance; and
exploring the scope for using standard documents in specific circumstances, particularly very small companies and with fund managers.
