Inland Revenue Investigations
Inland Revenue can open an enquiry into anyone’s tax return. The skill of an accountant, and the accuracy and presentation of a tax return, may no longer be sufficient to prevent the cost and disruption of a tax investigation.
Since the amalgamation of the Inland Revenue and Customs and Excise into a ‘super agency’ the risk of an investigation is now even higher. As well as Tax Returns, Corporation Tax Returns, PAYE records and VAT returns may also be subject to examination.
Businesses and individuals have a right to defend their position if the authorities decide to investigate their affairs. Thompson Wright can help you to present your case in a professional manner. We have staff experienced in all types of investigation ensuring the best service for our clients.
If you are unlucky enough to be selected for an investigation then there will of course be professional fees to pay and for this reason we offer our clients insurance to meet these additional costs. Through Abbey Tax Protection Ltd we can offer a cost effective policy that will cover you in the following events:
- Self Assessment Full Enquiries (Income Tax and Corporation Tax)
- Corporation Tax Accounts Investigations
- HM Customs & Excise VAT Disputes
- Employer Compliance Disputes (PAYE, P11D and NIC)
Please note that the cover is not valid if your tax return is not submitted on time.
For further information please call or email us.