Tax Investigations

Need help managing the Taxman?

It is an unfortunate fact of business life that you may well be the subject of an  enquiry by HMRC, through no fault of your own or of your accountant. HMRC investigates businesses at random, as well as for specific reasons. A full investigation is not a pleasant experience for anyone.

We are here to help.

If you are selected at random, you need an accountant who knows how HMRC works and is prepared to fight your case. We will talk you through the enquiry process and what to expect, and will support you throughout.

The Penalties

There are various penalties HMRC can seek to impose following an enquiry for undeclared income. As well as having to pay the unpaid tax, there may be additional penalties up to an amount equal to the tax, so doubling your tax bill. Interest on the late payment of the tax is also part of the arrangement – not a pleasant experience. We can help you minimise these penalties.

Anti-investigation Scanning Checks

Whilst with random investigations anyone can come under enquiry, you can help to avoid the chance of an investigation into your affairs for other reasons. We know the triggers that often give rise to enquiries if not fully explained to HMRC when submitting Returns to them.

Every Tax Return or set of accounts we submit to the HMRC goes through an anti-investigation scanning check to identify any areas that may lead to an enquiry before they are submitted without explanation. This really does help to minimise the chances of you being on the wrong end of an enquiry.

Worried about the accountancy fees of a tax investigation?

With the ever increasing risks of full tax enquiries and investigations, it’s worth considering protecting yourself from the accountancy costs involved in preparing your case, as the amount of work involved is often substantial.

You can get cover for the following…

• Self-assessment enquiries
• VAT enquiries
• PAYE and benefits enquiries
• IR35 enquiries

Even if HMRC finds nothing as a result of any investigation, you will still have unexpected professional fees to pay as a result.

We cannot prevent you from being investigated by the HMRC, but we can help to ensure that you get the best possible support and advice without having to worry about the cost.