Receiving a tax investigation letter or notification is every taxpayer’s biggest fear, but with timely advice, most matters can be resolved effectively.
Our great people have a long track record of representing our clients in some of the UK’s most significant cases, as well as helping them with the day-to-day enquiries that HMRC sends out.
With the UK tax gap continuing to grow, HMRC continues to be extremely active and have launched a number of campaigns against various groups to recover outstanding liabilities, alongside its regular series of random checks.
Could you be the target of a HMRC investigation?
HMRC uses advanced technology to cross-reference data from a wide range of sources.
Even if your returns are fully compliant, discrepancies or patterns can still trigger an investigation.
Coupled with whistleblower reports and random checks, no taxpayer is entirely exempt from scrutiny, even where they have acted correctly.
Given the risks involved, be proactive and protect yourself by investing in tax investigation insurance.
How much could a HMRC investigation cost?
An investigation can stretch from months to years, often resulting in significant additional fees and emotional strain.
Whether you are an individual or running an organisation, an investigation can consume valuable time and cause significant disruption.
Don’t wait for the letter to land, let us safeguard you now with proactive advice and the right level of insurance to meet your future needs.