HMRC are proactively targeting individuals and businesses using sophisticated software that has been specifically developed to search trends, indicators and behaviours and analyse in minutes. Data that doesn’t cross match can automatically initiate an Enquiry. This software combined with wider powers and increased targets means that your chances of being investigated are rising.
Tax investigations are time consuming, stressful and costly. Investigations can last for many months. During this time you could find yourself incurring accountancy fees as well as having to deal with costly business disruption and probing questions. Even if you’re found to owe nothing you will still have to pay your professional representation fees.
For a modest annual fee you can safeguard yourself from the cost of the professional fees associated with a tax investigation.
In the unfortunate event that you are selected for investigation you can relax safe in the knowledge that there will be no professional fees to pay.
The service covers up to the equivalent of £100,000 towards our professional fees resulting from an HMRC Enquiry.
We’ll provide professional representation on all matters relating to your investigation, ensuring that the Enquiry runs as smoothly as possible and providing you with peace of mind. We also deal with the insurers on your behalf.
Included as part of our Fee Protection Service is comprehensive access to Employment, Health and Safety and HR expertise, all at no cost to you.
You’ll gain invaluable access to highly experienced consultants. They will provide you with guidance on a wide variety of business-related issues covering HR, Employment Law and Health and Safety. Our Commercial Legal Advice Line is also available for queries that fall outside of core Tax, Employment Law and Health and Safety.
the additional amount of annual tax income that HMRC are targeting to achieve through compliance activity.
spent to develop strategic risk database that automatically generates tax enquiries
the estimated tax gap between what HMRC should collect and what it does collect.