Just hearing the word ‘investigation’ when it comes to tax can set off a worrying set of thoughts. But fear not, our team of experts can work with you to ensure that you get through this troubling time with ease. The investigations themselves can incur a period of worry, as well as become expensive and time-consuming if matters aren’t resolved as quickly as possible.
Complying with the HMRC during a tax investigation can make the process quicker and willing to disclose information looked upon favourably by the HMRC. If you are unsure about what they need, or are worried that you don’t have the required information, we can help you to get everything in order and ready to present to the HMRC on request.
We aim to successfully resolve disputes with as little disruption to clients as possible, allowing them to get back to business in no time at all. Our experts will support you every step of the way and will handle your case with the utmost confidence and sensitivity. Tax investigations may represent a difficult time for your business, but we aim to make you feel confident that you are in the very best hands.
As experienced tax investigation accountants we will be able to assist with the investigation, preparing documents and communicating on your behalf with the HMRC. Finding a quick solution is ideal so your company can get back to business and with expert assistance this can be achieved more efficiently.
WHY HMRC IS INVESTIGATING TAX RETURN
Before An Income Tax Investigation : If you have received a letter from the HMRC regarding an income tax investigation, you may be wondering what you need to do first. Don’t panic, read the letter thoroughly. If you are not sure what to do or are having difficulty understanding the letter, get in contact with our team. We have considerable experience in all stages of the tax investigation process. We can offer you a confidential, no-obligation consultation to discuss what you should do next.
Why You Are Under Investigation : HMRC does not have to and generally will not specify what has triggered an income tax investigation. It is likely though:
• That there is an obvious reason, such as HMRC has noticed an omission.
• It could be completely random
• It could be that you fall into a target area of the HMRC. This could be based on the sector you work in or where you are located.
• That something you have done has attracted the HMRC’s attention.
The Accountancy Solutions tax investigation team will support you during the process. Each case is different, therefore the information you are asked to provide will depend on what they are investigating. It is important you are able to provide the information easily and quickly. Our team can assist you in gathering and collate the information to ensure it is what the HMRC want and can also deal with further information requests. We will support you during the negotiations process to help secure a fair final settlement amount and help ensure you have enough time to pay it.