Being the subject of a tax investigation by the Inland Revenue can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, Revenue staff can now review cases on a 'sample basis'; and you always have the chance of being randomly picked. Tax investigations have become more frequent. You will require advisors who will argue your case to the Inland Revenue. We are well placed to do this with our experience. We also have specific contacts who can deal with detailed tax investigations and if necessary legal back up with commercial lawyers.
Tax protection With the increased risk of such investigations it may be worth considering taking out our annual insurance policy to protect you and your business from unexpected costs; an investigation will undoubtedly result in additional accountancy and tax work being undertaken. The amount of work will depend upon the complexity of the case but the cost could be substantial even if it is proved that no further tax is payable.
in this site is of a general nature and is not a substitute for
professional advice. You are recommended to obtain specific professional
advice before you take any action.