Dealing with HM Revenue & Customs – A problem or an opportunity?
The Government has been committed to ensuring the UK tax system remains robust and able to deal with the changing global climate in which businesses trade. Paramount to this is ensuring that its 'customers' meet their self-assessing responsibilities. Millions of pounds have been invested to ensure that the system has the finances and the resources to 'police' the system adequately.
With Inland Revenue and Customs and Excise joining forces to become H M Revenue and Customs, investigation and enquiries are now likely to be all encompassing and more focused. Whilst this should mean that over time you are less likely to be investigated by a number of departments, it will result in the potential additional tax liabilities and settlement being much greater; covering direct taxes, VAT, PAYE and National Insurance. It is therefore essential that you are properly represented by someone with specialist skills in dealing with HM Revenue & Customs (HMRC).
Let’s not deceive ourselves: a tax investigation can be an extremely traumatic and disruptive experience. It’s important you feel you have engaged a firm that can protect you and your business interests. Your adviser also needs to be someone you can work with to secure the best possible deal from the tax authorities, and keep disruption and fees to a minimum.
Our investigations and enquiries team has many years’ experience in dealing with tax investigations and contentious tax matters. Our former Inland Revenue and Customs & Excise inspectors and fully qualified tax professionals are able to offer a highly professional and dedicated service tailored to a client's needs. This highly specialised team only deals with investigations, enquiries and contentious tax areas. We are constantly in touch with HMRC inspectors, so we have up to date insights into current Revenue & Customs practice and policies.
Contact us to see how we can help you.