Increasingly, business owners and individuals find themselves subject to tax enquiries and tax investigations by HMRC. These often random checks are growing in frequency and cost, lasting months or even years.
Our experienced tax investigation team have been helping clients in Devizes, Marlborough, Calne, Royal Wootton Bassett, Pewsey, Hungerford and in many other parts of Wiltshire and Berkshire to manage their tax affairs for many years. We recommend our tax investigation service and fee protection scheme to all of our clients, as it can shield you from potentially costly fees, should you face an HMRC investigation.
HMRC can open a tax investigation without giving you a reason. You may find yourself facing a ‘full’ or ‘aspect’ tax investigation: aspect tax investigations only involve the inspection of certain elements of your accounts or tax returns, and these are becoming ever more common, sometimes triggering full enquiries.
An investigation could be random, or it could be triggered by factors such as frequent errors on your tax returns or a pattern of unprofitability. Whatever the reason, the responsibility falls to you rather than HMRC to prove you are providing accurate financial information.
Our specialists have years of experience in handling tax enquiries and can manage HMRC investigations on your behalf, using their in-depth knowledge of the process to ensure any responses made to HMRC provide you with the best possible defence.
The team are here to minimise the stress caused by a tax investigation, handling everything on your behalf, saving you time, energy, and money.
A tax enquiry could be short-term, but, in some cases, it could go on for years. For a small fee paid annually, you can give yourself peace of mind that you are covered by our fee protection scheme, which covers any fees incurred in the course of us handling an HMRC investigation for you.
David Owen is a well-established accountancy firm with offices in Devizes and Marlborough. For more information, please get in touch.Contact →
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