The Isle of Wight Council Trading Standards service is warning Island businesses against responding to a mail shot that could lead to an annual bill of almost £800 over a period of at least three years.
Companies should ignore a letter from a German firm headed ‘Publication of Companies and VAT Registration Numbers in the UK Corporate Portal 2013’.
The letter claims that due to a change to the “EU Economic Package”, the “UK Corporate Portal” is also required to update companies’ business data as a ‘basic entry’.
The letter includes a form for businesses to check and sign to say their details are correct and if they wish their entry to be a ‘non-basic entry’. However, the small print indicates a cost of £797.00 will be incurred by the business, for a minimum of three years.
