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How HMRC’s policy change on retained deposits may affect your business
Ian Bell

25 April 2019

As of 1 March HMRC’s new policy came into force in relation to retained (or non-refundable) deposits came into force. This will affect any business which collect non-refundable deposits. Key areas affected by this new policy are hotels, restaurants and leisure sectors.

Chris Tate

Partner

Chris is an audit partner based in the London office. Chris has 20 years’ experience in advising businesses including start-ups, large owner managed businesses and international groups.

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