Does the hmrc check buisness bank accounts

[Marvel]

Do they check the bank statements?

[mrdavies]

I imagine they do if you're under investigation....surely they don't have access otherwise..?

[scooterscot]

What every statement of every Ltd company in all the land? I don't think so...

If you’re investigated it is quite likely they'll want to see them but not otherwise. Are you planning on being a dodgy geezer like?

[Back In Business]

Do they check the bank statements?

That's a great opening question - setting your stall out from day 1

[Maxamus]

You submit copies of your business bank account statements for the related periods with your accounts when they get filed to HMRC.

Dont even try to pull a fast one....

If they think your doing something "funny" then they can even look at your personnal bank account statements.

[PAG]

I fyou have devious plan, then do let us al lin. And we will find the flaws in it.

[Darren@UptonAccountants]

Statement

Do they check the bank statements?

This is one of the first things they request on an enquiry. They're not submitted with the annual accounts, just on request should they come calling.

[boredsenseless]

This is one of the first things they request on an enquiry. They're not submitted with the annual accounts, just on request should they come calling.

Although if you want to submit them every year I don't suppose they'd mind, just scan them and put them on the internet for all to see.

[Darren@UptonAccountants]

Bank stats

I'm sure they wouldn't mind at all, would give them something to read and decide whether to go for you this year or not depending on what they find on the statements.

They don't require sight of them each year so best not to give them additional information unless requested.