Tax investigations are becoming increasingly common, increasingly costly and increasingly onerous. Which is why our experienced specialist tax team offers a tax investigation service, along with a fee protection scheme – so that we can deal with HMRC enquiries on your behalf, giving you the peace of mind and the time to enjoy the important things in life.
Tax investigations can be triggered by one of several things – consecutive years of unprofitability, figures that are inconsistent with your industry sector, or regular mistakes on your tax return are some of the common causes – but they can also be randomly generated. Whatever the cause, HMRC does not need to tell you the reason for the investigation, and the onus will be on you to prove that your tax return is correct, rather than on HMRC to identify errors.
Investigations can take from three months to at least a year, and a lot longer in cases involving large, complex businesses.
Our tax investigation service is designed to help you avoid both the stress and the time demands of dealing with HMRC, by dealing with HMRC on your behalf. Our specialists have plenty of experience in handling such enquiries, and understand what responses you will need to make to HMRC in order to defend your position.
Our service is supported by the insurance we offer through Professional Fee Protection, a market leader in this specialised field. The cost of having to deal with a tax investigation is not included in our normal fee, and the additional costs involved could be substantial.
"The move onto Xero was a massive transition for us as there’s a lot of paperwork generated because of the cheese sales and we needed to set up all the cost centres and systems. We can now pull the right information on a monthly basis to provide us with much better insights to be able to run the business."