Hi,
I trade through my own limited company.
My accountant has received a letter from HMRC, addressed to my company, stating that student loan deductions must start next month.
My position is that any alleged debt is statute barred. Reading through other threads on this forum has confirmed this.
What is my next step?
The letter says that a penalty can be charged to my company if the deductions do not start next month.
I would send the standard statute barred letter.
However since this has gone through my company is there any other action that I need to take to avoid incurring penalties?