We have got many years experience of acting for taxpayers who have become the subject of an Investigation by one of Her Majesty’s Revenue & Customs Special Investigation Units. We will assist the taxpayer to reach a financial settlement with them rather than allow them to be the subject of a criminal prosecution. Our work, if necessary, will include:
- Researching background personal information
- Undertaking in depth reviews of accounting records
- Recalculation of Income Tax or Corporation Tax liabilities
All of this will be included within a detailed report on the areas of concern.
Once the report has been submitted we will:
- Negotiate with HMRC on any further matters that may arise.
- Seek to minimise penalties on additional tax payable.
- Agree deferred settlement terms.
- Represent taxpayers in front of the Tax Tribunal if needed.
As the case proceeds we will be:
- In constant liaison with the taxpayer and taxpayer’s solicitors.
- Seeking to aid the existing business to operate as normally as possible.
Over recent years HMRC have launched a number of “Disclosure Facility Offers” which enable taxpayers to make a Tax payment in relation to undeclared income, and we have assisted many clients to make use of this opportunity and thus prevent a possible Special Investigation at some later date, saving worry and anxiety as well as reducing the eventual payment to HMRC.
The cost to a business and the taxpayer as a result of an investigation by the Specialist Investigation Unit of HMRC is potentially far more than just the extra Tax that may be payable. Management is distracted from the running of the business, and reputation and goodwill can be destroyed overnight. The personal suffering and anguish of all involved should not be under-estimated.
We pride ourselves on assisting the taxpayer and the business to survive a Tax investigation from the Special Investigation Unit of HMRC.
If you require the services of our expert team contact us by email by clicking here, or telephone Nick or Geraint who will be pleased to assist you.
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