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Flood victims offered tax reliefs by authorities

Accountancy Age

VICTIMS of the widespread UK flooding are to receive a package of tax reliefs as they attempt to rebuild their homes and businesses once the waters recede. HM Revenue & Customs has launched a helpline for those affected, with the intention of providing fast, practical help and advice on a wide range of tax problems flood victims face. HMRC will also agree instalment arrangements where taxpayers are unable to pay as…

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