Head Office 0330 053 7042

Tax Investigations

The personal tax system is becoming more and more complex and many taxpayers struggle to understand the complex tax returns process. There are many changes to tax legislation which means that the returns process is becoming more difficult to understand and taxpayers risk incurring more penalties through failing to complete their returns on time or correctly. For example, the small error of submitting a late Self-Assessment return can subject a taxpayer to late payment penalties that can quickly snowball.

At Tax4Today, we can save you a lot of time, worry, and money by handling your Self-Assessment tax return for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability. We can act as your agent, dealing directly with the HMRC on your behalf and, should you be selected for a Self-Assessment enquiry, act for you at any meetings.

We are also closely following the introduction of Making Tax Digital (MTD) which will make many changes to the way businesses, the self-employed and landlords interact with HMRC. The new system is expected to be fully in place by 2020 and will require the self-employed to upload quarterly, summarised accounting data to HMRC. We are already talking to clients and helping them prepare for this change.

If you need help with your Self Assessment please call us in the office.

Fee Protection

Statistics show that every year the money clawed back from HMRC investigations and enquiries increases.

And with no taxpayer being immune from these investigations, enquiries or disputes by HMRC, we at Tax4Today realise that our clients could at any time be chosen randomly by the HMRC.

As part of our continuous value added service, we are offering all our clients the opportunity to take out Fee Protection Insurance before we complete your tax return.

The Fee Protection Insurance will offer you peace of mind should you be the subject of an investigation, enquiry or dispute by covering any additional professional fees that we charge you for dealing with any of the above mentioned HMRC queries. These fees will be paid directly to us by your insurance policy.

Fee protection cover is available for Limited Companies, Partnerships, Sole Traders, Private Clients and Director’s and Partners.

Aspect Enquiries

An Aspect Enquiry is an enquiry by HM Revenue & Customs into a specific area/area of your tax return, without the request for sight of all books and records. As the number of Aspect Enquiries is on the increase we offer cover against this type of enquiry.

Directors & Partners Cover

Directors and Partners are covered for investigations into their own tax returns without the business being investigated. However, for them to be covered, we must act as tax return agents for the Director or Partner and the tax return must be a personal one.

Call us now to find out more about the policies available.

Civil Investigation & Fraud

HMRC’s continued focus on combating tax avoidance and tax evasion has meant that more and more of our clients may come under HMRC’s tax investigation microscope. HMRC is under a great deal of pressure to combat tax avoidance and evasion and they have many tools at their disposal to help identify individuals and businesses that are not paying the tax they should. Of course, HMRC does not need any firm evidence to launch an investigation and some enquiries and investigations are purely speculative.

Whatever the reason for an investigation the result can be an extremely intrusive process that is very time consuming and difficult for all those involved. At Tax4Today, we have a great deal of experience in helping our clients handle any HMRC investigation or enquiry. It is very important to us that our clients have the proper support they need in dealing with HMRC during what can be a very difficult process.

We can deal with HMRC from the outset and help you understand the optimum way of handling any investigation or enquiry. Where appropriate, we will challenge HMRC’s technical points and assist you by taking over the day-to-day management of the process. We can attend meetings as your advisers, write to HMRC on your behalf and where necessary, challenge HMRC’s decisions.

We also have a deep understanding of the complex penalty regimes and where appropriate we can assist in making voluntary disclosures to HMRC. We can help regularise your tax affairs whilst at the same time seeking to reduce the amount of tax, interest and penalties payable.

We have experience in dealing with multiple areas including:

- HMRC’s Special Investigations Department Code of Practice 8 and 9 investigations
- Voluntary disclosures - Specialist HRMC teams for High Net Worth and Affluent taxpayers
- VAT enquiries - PAYE, National Insurance Contributions, employment status and other payroll related areas
- Tribunal appeals

If you would like to discuss any of these issues or have any questions or queries please give us a call. We would be happy to meet with you for an initial confidential consultation on a no-obligation basis.