Tax experts from HMRC are to offer dedicated support to businesses that are experiencing significant growth.
The Growth Support Service has been created to help growing mid-sized organisations access the information and services they need. The bespoke support could include help with tax queries, supplying accurate information and co-ordinating technical expertise from across HMRC and ensuring access to relevant incentives and reliefs.
The Financial Secretary to the Treasury, Mel Stride, said: ‘The Growth Support Service will help these expanding businesses access tailored tax assistance so that tax administration doesn’t stand in the way of their growth and ensures businesses can focus on finding new opportunities.’
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.