Businesses to get own tax advisers

MID-SIZED businesses will get their own dedicated tax adviser under plans being rolled out by HMRC.

From next Wednesday medium-sized firms will be able to ask for help from a specialist to help them as they grow.

Increasingly, tax help has sparked frustration among business owners who often struggle to get answers online. Under the scheme, businesses with a turnover of more than £10m or with more than 20 employees, who are looking to increase turnover or expand their business, will be able to ask for a tax specialist. They will be available to support the business on complex tax matters during key events such as mergers and acquisitions or big jumps in turnover.

An HMRC spokesman said: ‘The aim is to help these business customers grow in the right way.’