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HMRC tax probes into UK’s largest businesses now average 45 months

Summary by The Accountant
Tax investigations by His Majesty’s Revenue and Customs (HMRC) into the UK’s largest businesses are currently averaging 45 months, according to a research conducted by Pinsent Masons.  HMRC considers the largest businesses to be those with an annual turnover exceeding £200m ($266.09m).  These probes are said to place strain on the companies involved.  Pinsent Masons further disclosed that approximately 1,000 of the 2,000 businesses within the pu…
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The Accountant broke the news in on Wednesday, April 23, 2025.
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