If HMRC opens an investigation into your tax return it could be triggered for several reasons…
- a tip off
- paying the incorrect amount of tax
- late returns or simply working within a targeted sector to name a few
The assumption when you’re selected for a tax investigation is that you have done something wrong. This is rarely the case. Random Enquiries into tax affairs can and do happen. Whether you’re an individual taxpayer or business owner, an investigation is possible and nobody is exempt.
You’re strongly advised to engage expert professional representation to ensure a robust response is provided and that the issue comes to an early resolution. Bear in mind that this will come at a cost – even if no tax becomes due as a result of the Enquiry.
Dealing with HMRC Enquiries can be a lengthy process and can result in large additional professional fees. We are happy to be able to offer all of our clients the opportunity to protect themselves from the associated accountancy fees for dealing with any HMRC Enquiry, by becoming a member of our Tax Investigation Service.
To find out more about the Service, what it covers, and the associated costs, please contact Becky Curry at rebecca.curry@cklg.co.uk
