HMRC has a programme where it is contacting businesses to review their business records.
The format of this is that firstly a letter is sent to the business, and then a telephone call is made about a week later to ask a series of questions.
Following the call HMRC will decide whether the business records are adequate or whether further assistance or a visit is required.
As these letters are not copied to agents, it is important that you notify your accountant if you receive one.
There are many options for keeping business records now – in this video I cover some of them, that can make the process easier for you: