HMRC have published the issue briefing Tax fraud warning: Attempts to use “Bills of Exchange’” to pay HMRC.
“HMRC is aware that promoters are marketing ‘Bills of Exchange’ as an alternative way to pay HMRC liabilities. These schemes are particularly marketed to the recruitment and temporary labour sectors. HMRC does not accept Bills of Exchange as a valid form of payment.”
Related content from Claritax Books
In Taxpayer Safeguards – Rights and Protections for Individuals, written by the late Robin Williamson and now updated by Keith Gordon, the authors explore the whole spectrum of protections available to individual taxpayers.
