In the past, HMRC’s role was to ensure that you or your business paid the right amount of tax. However, in recent times its key objective has changed to maximise the amount of revenue it can collect from taxpayers.
This will be achieved by increasing the number of compliance checks, enquiries and investigations it conducts. Some are opened entirely at random whereas others are selected from specific business sectors or geographical areas.
Whilst HMRC is committed to reducing the tax gap, it will continue to increase its enquiry activity so the risk of being selected for an enquiry is ever present.
Even if HMRC finds nothing wrong and there is no additional tax to pay, the costs of a tax investigation can seriously impact on your financial security, your ability to focus on running your business and, of course, there is an inevitable stress which they bring.
So, for a small annual fee, you’ll benefit from complete reassurance that you or your business are fully protected against professional costs such as these.
Protect yourself today!
Subscribing to the tax investigations package ensures that we will do all of the following for you:
- Handle all meetings and correspondence with the Tax Inspector.
- Negotiate on your behalf to make certain that you pay the right amount of tax.
- Take responsibility for ensuring you are treated fairly by HMRC.
- Give you complete peace of mind that the professional costs of your defense are covered.
You will also be entitled to access a free 24 hour legal helpline as part of your cover.
That’s why we recommend that all clients subscribe to this service today. Remember, the annual cost for tax investigation protection is a fraction of the typical costs of a defense.