HMRC investigations and enquiries
Being the subject of a tax investigation by HM Revenue & Customs can be a worrying experience. In this situation, you need the advice and experience of an established firm of accountants. That is where we can help.
Tax enquiries have doubled in the last decade and these can be stressful, time-consuming, and expensive ordeals. HMRC needs no reason to launch an investigation and every year thousands of individuals and companies find themselves under the microscope, most often with nothing to hide.
At Tuchbands we will liaise with HMRC on your behalf and provide expert help and support. So if you are subject to an enquiry, don’t panic – let us do the hard work for you!
We also offer fee protection insurance, which would cover our fees (but not any tax liabilities) if you were subject to an investigation. This is a simple solution, similar to contents insurance, that provides cover against the potentially high costs associated with tax investigations. Even if the investigation finds no errors, the costs in dealing with HMRC can mount up. Talk to us for more on how we can protect you against this.
We have years of experience in dealing with all types of HMRC investigations, including enquiries into an individual’s tax affairs, investigations of a company’s returns, VAT investigations, employer-related inquiries into PAYE and P11d compliance.
Investigations into an individual’s tax affairs can be extremely intrusive, and for companies they can be damaging in many ways. Let us make the whole process as painless as possible in a professional, understanding manner.
With over 5 million P11d forms submitted every tax year, mistakes can and do happen and they are a favourite for the tax office to delve into. Substantial penalties can be imposed if they are not completed or are returned incorrectly.
We can review your P11d affairs and present evidence in your favour, as well as recommend solutions to improve the accuracy of your data going forward.
Find out more about our fees