Tax Returns & Tax Planning
We want to help keep your tax bills as low as possible.Read More
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Did you know that the Random Selection team at HM Revenue & Customs investigates, on average, every business over a ten year period? The truth is, both HMRC and the Contributions Agency have the powers to investigate your business or personal life anytime they choose and we can deal with them on your behalf.
If the VAT or Tax man thinks you have under declared your income, he does not have to prove this – you have to prove that you haven’t. If there is any under declaration then HMRC will reopen earlier years. On top of any tax/VAT to pay there will also be interest and penalties so you could end up with a substantial bill, not only to HMRC but also to your advisor. It is not just a question of a monetary settlement, HMRC investigations can be time consuming and very stressful.