Protection from Tax Investigations

Tax investigations: what to do and what not to do

More and more businesses now face tax investigations as HMRC look to reduce the current £40bn tax gap.

HMRC have announced more and more tax avoidance initiatives targetting all types of businesses from medical consultants, plumbers through to private tutors. HMRC have improved systems that capture more data on businesses such as iXBRL accounts tagging and the authority to seize all records. This combined with harsher tax penalties if you are caught means that there's never been a better time to protect you and your business from HMRC Tax Investigations.  

How can we help?

We are offering a Tax Enquiry Fee Protection Service called Taxwise to our clients.  This Service is backed by an insurance policy under which we can claim the costs of defending you for:

  • Income Tax Self Assessment Full & Aspect Tax Enquiries
  • Corporation Tax Self assessment Full & Aspect Tax Enquiries
  • VAT Disputes
  • Employer Compliance Disputes (PAYE/P11D/P9D/NIC/IR35)
  • Attendance at any meeting with HMRC
  • Dealing with any correspondence from HMRC
  • Up to and including an appeal to the First-tier Tribunal or Upper Tribunal
  • Health & Safety and Employment Law helpline from leading specialists Peninsula.

Taxwise also represents a tactical advantage, where HMRC inspectors know a company has Taxwise in place, they will appreciate that the business owner has the resources to contest their arguments.

Costs are based on your company size and asset levels and start from as little as 50p per day - its a small priceto pay for peace of mind.

Why not download our Taxwise Service Brochure for more information.

If you are interested in Taxwise and would like further details on what is covered, or if you need advice on tax investiagtions, please contact Robyn Hughes or Mike Scott on 0845 365 1000 or email them at help@hsj.uk.com.