Are you aware that HM Revenue and Customs no longer need a reason for opening an enquiry into your business or personal affairs?
This means that potentially everyone is at risk of a tax investigation.
The costs associated with an investigation can be devastating and even if you are successful in defending yourself against HM Revenue & Customs (HMRC), you cannot recover your costs from the department.
Accountants etc. can provide you with experienced consultants to assist through the investigation to make sure it is resolved as quickly as possible.
How can I avoid an investigation by HMRC?
The best route for avoiding an investigation would be to employ an accountant first and foremost. Using an accountant should ensure that your tax return is accurate and complies with the UK tax regime.
Accountants etc. also uses specialist software which will analyse the completed tax return to check for anything which may arouse suspicion by HMRC.
HMRC does, however, carry out a number of random investigations which are, unfortunately, unavoidable. So even if you believe that there are no unusual entries in your accounts or on your tax returns, an investigation could still happen to you.
Get a Free Online Quote today and see how much you could save each month!
Do you have a question? Speak to one of the team on Norwich 01603 931177
Click to Request a Call Back