Aside from being stressful, a tax investigation could cost you a lot of time and money. HMRC does not need to have a reason to open an enquiry into your business. Many companies or individuals can find themselves in the unwelcome position of being the targets of a random investigation.
The primary way to avoid a tax investigation is to work with an accountant on your bookkeeping and tax submissions from the start. We are able to make sure everything you send to HMRC is completely compliant while ensuring you only pay the tax you need to.
Helping you through an investigation step by step
If, however, you do come under a tax investigation, we are able to consolidate all your accounts and respond to every line of enquiry.
An investigation, especially into VAT and Income Tax, can take a lot longer than expected. They sometimes up to a year, and you may not be able to handle the stress on your own. If it comes to a tribunal, we are able to make appeals on your behalf and negotiate for settlements.
Prevention is always better than cure. Our cutting-edge software is able to reconcile the previous year’s accounts and tax return with your books and accounting. We’ll be able to highlight any likely errors that would be spotted by HMRC.
We will ensure accounts and returns filed to HMRC on your behalf are done properly to avoid any further tax queries and future investigation, so you can regain your peace of mind.