Tax Investigation Service

tax investigation services

A tax investigation could cost you money even if you’ve done nothing wrong.

What is a Tax Investigation Service?

Tax Investigation Service covers you against the cost of any professional fees that you incur as a result of being investigated by HMRC.

Tax investigations are time consuming, complex and stressful. You will require specialist advice from us during an enquiry. The more complex your case the greater the amount of time and resource we will need to dedicate to you.

Unfortunately professional fees can run into thousands of pounds. As a firm we want to protect you from this burden, that’s why we recommend this service to our clients. It will provide you with comprehensive cover against professional fees resulting from a tax enquiry. It’s quick and easy to get covered and costs a fraction of the average investigation.

What Happens During an Investigation?

HMRC can investigate any taxpayer, both individuals and businesses are at risk.

Tax investigations can last for many months, even years. During this time you will find yourself likely to incur accountancy fees as well as having to deal with costly business disruption and probing questions from HMRC. Even if you’re found to owe nothing you will still be liable to pay your professional representation fees.

It’s vital during an investigation, however small it may be that you seek professional representation from the outset. Our tax investigation service will cover the cost of our fees as well as providing you with access to our experts in handling HMRC enquires and managing your claim.

What Do I Need To Get Protected?

Tax investigations are on the increase. HMRC has spent over £80m on a new super computer specifically to identify businesses and individuals who are identified as having potential tax discrepancies.

The sophisticated system trawls a wide variety of sources generating a digital footprint and building a profile of a taxpayer’s total income. HMRC scans government and commercial data from the likes of financial institutions, Land Registry, DVLA and employers. It uses this information to identify businesses and individuals whose profiles indicate potential inconsistencies and then targets them for investigation.

  • £34 billion – the estimated gap between what HMRC should collect and what it does collect
  • £26 billion – the additional amount of annual tax income that HMRC want to achieve
  • £80 million – spent by HMRC to develop a super computer that monitors your digital footprint for potential underpaid taxes

Your chances of being investigated are increasing year on year. We can protect you from the costs of any professional fees that arise should you be subject to investigation. The service also ensures that you benefit from expert advice throughout the enquiry.

Get Protected

It only takes a couple of minutes to set up your cover. Simply contact us and we can advise you further.

Tax Investigations can last for many months, even years. During this time you will find yourself likely to incur accountancy fees as well as having to deal with costly business disruption and probing questions from HMRC. Even if you’re found to owe nothing you will still be liable to pay your professional representation fees.

It’s vital during an investigation, however small it may be that you seek professional representation from the outset. Our tax investigation service will cover the cost of our fees as well as providing you with access to our experts in handling HMRC enquires and managing your claim.

Read more on Tax Investigations and how to get protected.

Phone

CALL US 01325 349700

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