HMRC investigations and enquiries

HMRC investigations and enquiries image

Being the subject of a HMRC tax investigation or enquiry on your personal or business affairs can be lengthy, stressful and costly - no one is immune or exempt from the tax authorities taking a more detailed look at your accounts or tax returns.

It is essential that we work alongside you throughout any enquiry which experience shows can last for two or more years.

We aim to draw any enquiry to a speedy conclusion and to minimise any tax, interest or penalties that may ensue should HMRC determine there are further liabilities.

In recent years HMRC have developed a team of tax inspectors whose primary role is to raise additional tax. While we have worked with you to complete your accounts and tax returns this team is there to discover where income or gains have been understated.

The professional fees for attending to all aspects of the work – discussing this with you, responding to HMRC’s enquires and keeping you informed regarding likely outcomes can be substantial, so our Fee Protection service is an important aspect of ensuring you do not have to concern yourselves with our fees.

Fee Protection service

With the increased risk of such investigations it may be worth considering taking out our annual fee protection service to protect you and your business from unexpected costs; an investigation will undoubtedly result in additional accountancy work being undertaken. The amount of work will depend upon the complexity of the case, but the cost could be substantial.

Require more information?

If you would like more information or would like to speak to us direct then call us on 020 8449 9632. Or if you would prefer, ask us a question online.