Tax Investigations
Our Services
How we can help
Tax investigations from HMRC can often be daunting, stressful and complex matters that are usually very time consuming, expensive and have a large potential for mistakes to be made. HMRC launch investigations into hundreds of thousands of individuals every year and in most cases, individuals often have their tax affairs in order and there is nothing that needs to be amended or resolved in the end. If you are an individual selected for investigation, you’ll need an accountant that can fight your case and understand the complexities of the tax system to ensure everything is above board.
As part of our tax investigative services, we manage all stages of the process with HMRC from addressing the initial investigation confirmation to the final dispute resolution. Our experienced team can support in carrying out all liaising between both parties and also to address and resolve any issues HMRC may have with the client. We shall handle all matters, regularly keeping a client updated of all developments and allowing them to focus on more pleasant matters.
The areas we specialise in include:
- Addressing matters related to tax avoidance arrangements public from HMRC’s list of Tax Avoidance Schemes
- Advice on HMRC ‘nudge letters’ – letters hinting that there is an omission in your tax affairs that need correcting
- Enquiries into individuals, business interests and any familial trusts
- Investigations into individuals whom have overseas interests in many different tax jurisdictions
- Investigations of suspected fraud conducted by HMRC’s Fraud Investigation Service
- Investigations where there are large suspected tax arrears
- Investigations where there is no fraud but tax matters are complex
- Resolving the tax consequences arising from other non-financial disputes or challenges such as family disputes regarding divorce or inheritance
- Voluntary disclosures for matters relating to overseas matters, omitted income, complex matters or general disclosures
Our help and advice can include
- Addressing and correcting any issues raised by HMRC or the client - should these arise
- Calculating any tax owing, penalties, arrears or fines – should these arise
- Consulting with a client in the initial stages and supporting them with what to expect during the course of the investigation
- Ensuring all aspects of the investigation are handled professionally without HMRC overstepping or causing unnecessary stress
- Gathering any relevant information and records and establishing the key facts of the investigation to establish the cause of the investigation
- Handling all parts of the investigation and regularly updating the client with important developments
- Settling the investigation in a way that corrects any investigation and reach a resolution that benefits all parties – should this arise
- Supporting a client with their tax affairs making any amendments in a timely manner to correct their tax records – if necessary
- Working with any additional supporting advisors such as a solicitor, financial adviser, trustee, executor etc… that supports different elements of your financial affairs